FOM Technologies AS (OCSE:FOM) Effective Interest Rate on Debt % : 5.40% (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is FOM Technologies AS Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. FOM Technologies AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was kr0.46 Mil. FOM Technologies AS's average total debt for the quarter that ended in Dec. 2024 was kr8.48 Mil. Therefore, FOM Technologies AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.40%.

FOM Technologies AS Effective Interest Rate on Debt % Historical Data

The historical data trend for FOM Technologies AS's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FOM Technologies AS Effective Interest Rate on Debt % Chart

FOM Technologies AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

269.14

31.89

28.17

9.61

5.59

FOM Technologies AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								-74.76	13.04	2.58	6.19	5.40

Competitive Comparison of FOM Technologies AS's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, FOM Technologies AS's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FOM Technologies AS's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where FOM Technologies AS's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

FOM Technologies AS Effective Interest Rate on Debt % Calculation

FOM Technologies AS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.492	/	( (8.8	+	8.812)	/ 2 )
=	-1 * -0.492	/	8.806
=	5.59 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.977	+	1.823
=	8.8

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.216	+	2.596
=	8.812

FOM Technologies AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.458	/	( (8.141	+	8.812)	/ 2 )
=	-1 * -0.458	/	8.4765
=	5.40 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.023	+	2.118
=	8.141

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.216	+	2.596
=	8.812

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

FOM Technologies AS (OCSE:FOM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

FOM Technologies AS Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of FOM Technologies AS's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

FOM Technologies AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FOM Technologies AS (OCSE:FOM) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bryggergarden 2-12, Kastrup, DNK, 2770

Website

https://www.fomtechnologies.com

FOM Technologies AS is engaged in the development and sale of machinery and equipment for material production and research. The company is a supplier of lab and pilot scale slot die coating tools for material R&D and upscaling to commercial production. The company's products include Machines-rolls; Machines-sheets, Machines-rolls-to-rolls, and Slot-die-heads.

FOM Technologies AS Headlines

No Headlines