Sampo Oyj (OHEL:SAMPO) Effective Interest Rate on Debt % : 3.31% (As of Sep. 2024)

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What is Sampo Oyj 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. Sampo Oyj's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €96 Mil. Sampo Oyj's average total debt for the quarter that ended in Sep. 2024 was €2,903 Mil. Therefore, Sampo Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.31%.

Sampo Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for Sampo Oyj'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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Sampo Oyj Effective Interest Rate on Debt % Chart

Sampo Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.26

2.21

4.10

3.45

2.81

Sampo Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.28	3.06	3.59	3.65	3.31

Competitive Comparison of Sampo Oyj's Effective Interest Rate on Debt %

For the Insurance - Diversified subindustry, Sampo Oyj'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.

Sampo Oyj's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sampo Oyj's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sampo Oyj Effective Interest Rate on Debt % Calculation

Sampo Oyj's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -93	/	( (3655	+	2958)	/ 2 )
=	-1 * -93	/	3306.5
=	2.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3582	+	73
=	3655

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2958	+	0
=	2958

Sampo Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -96	/	( (2858	+	2948)	/ 2 )
=	-1 * -96	/	2903
=	3.31 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2858	+	0
=	2858

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2948	+	0
=	2948

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

Sampo Oyj (OHEL:SAMPO) Effective Interest Rate on Debt % Explanation

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

Sampo Oyj Effective Interest Rate on Debt % Related Terms

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Sampo Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sampo Oyj (OHEL:SAMPO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SAXPY:USA SAXPF:USA SAMPO SDB:Sweden SAMPOh:UK 0HAG:UK SAMPO:Denmark SMP0:Germany

Address

Fabianinkatu 27, Helsinki, FIN, 00100

Website

https://www.sampo.com

Sampo is a leading Nordics-based insurer headquartered in Finland and listed in Helsinki. The company has operations in Denmark, Estonia, Finland, Norway, Lithuania, Latvia, and the United Kingdom. Sampo has four subsidiaries that mainly sell personal lines of insurance to retail customers. If is the largest property and casualty insurer in the Nordics. Headquartered in Sweden If also sells insurance in Denmark, Norway, and Finland. Topdanmark is a Danish property and casualty insurer also focussing on personal lines insurance as well as agriculture and small and medium-sized enterprises. Hastings is a digital insurer that focuses on car, van, bike, and home insurance in the United Kingdom. Mandatum, a life insurer and wealth and asset manager, was divested in 2023.

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