SAS AB (OCSE:SAS DKK) Effective Interest Rate on Debt % : 8.95% (As of Apr. 2024)

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What is SAS AB 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. SAS AB's annualized positive value of Interest Expense for the quarter that ended in Apr. 2024 was kr2,560 Mil. SAS AB's average total debt for the quarter that ended in Apr. 2024 was kr28,613 Mil. Therefore, SAS AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 was 8.95%.

SAS AB Effective Interest Rate on Debt % Historical Data

The historical data trend for SAS AB'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.

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SAS AB Effective Interest Rate on Debt % Chart

SAS AB Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Effective Interest Rate on Debt %

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4.67

6.42

3.85

4.32

8.03

SAS AB Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.27	9.77	8.85	12.59	8.95

Competitive Comparison of SAS AB's Effective Interest Rate on Debt %

For the Airlines subindustry, SAS AB'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.

SAS AB's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SAS AB's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where SAS AB's Effective Interest Rate on Debt % falls into.

SAS AB Effective Interest Rate on Debt % Calculation

SAS AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2022 )	+	Total Debt (A: Oct. 2023 ))	/ count )
=	-1 * -2332.064	/	( (30864.424	+	27194.392)	/ 2 )
=	-1 * -2332.064	/	29029.408
=	8.03 %

where

	Total Debt (A: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23317.869	+	7546.555
=	30864.424

	Total Debt (A: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18014.091	+	9180.301
=	27194.392

SAS AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2024 )	+	Total Debt (Q: Apr. 2024 ))	/ count )
=	-1 * -2560.26	/	( (27940.999	+	29285.374)	/ 2 )
=	-1 * -2560.26	/	28613.1865
=	8.95 %

where

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18149.827	+	9791.172
=	27940.999

	Total Debt (Q: Apr. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19263.697	+	10021.677
=	29285.374

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 four times the quarterly (Apr. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SAS AB (OCSE:SAS DKK) Effective Interest Rate on Debt % Explanation

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

SAS AB Effective Interest Rate on Debt % Related Terms

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SAS AB (OCSE:SAS DKK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAS AB (OCSE:SAS DKK) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SAS:Sweden SASNO:Norway 0O1W:UK SSV2:Germany

Address

Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87

Website

https://www.sasgroup.net

SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

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