Solteq Oyj (OHEL:SOLTEQ) Effective Interest Rate on Debt % : 16.51% (As of Mar. 2025)

View and export this data going back to 2000. Start your Free Trial

What is Solteq 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. Solteq Oyj's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was €2.09 Mil. Solteq Oyj's average total debt for the quarter that ended in Mar. 2025 was €12.65 Mil. Therefore, Solteq Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 16.51%.

Solteq Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for Solteq 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.

* Premium members only.

Solteq Oyj Effective Interest Rate on Debt % Chart

Solteq Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.92

5.84

5.79

6.33

8.14

Solteq Oyj Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.17	119.45	228.92	20.24	16.51

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

For the Information Technology Services subindustry, Solteq 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.

Solteq Oyj's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Solteq Oyj's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Solteq Oyj Effective Interest Rate on Debt % Calculation

Solteq Oyj'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 * -2.04	/	( (26.357	+	23.743)	/ 2 )
=	-1 * -2.04	/	25.05
=	8.14 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.652	+	25.705
=	26.357

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.755	+	1.988
=	23.743

Solteq Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -2.088	/	( (23.743	+	1.549)	/ 2 )
=	-1 * -2.088	/	12.646
=	16.51 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.755	+	1.988
=	23.743

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.733	+	0.816
=	1.549

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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Solteq Oyj (OHEL:SOLTEQ) Effective Interest Rate on Debt % Explanation

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

Solteq Oyj Effective Interest Rate on Debt % Related Terms

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

Solteq Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Solteq Oyj (OHEL:SOLTEQ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

0G5H:UK B3M:Germany

Address

Karhumaenkuja 2, Vantaa, FIN, 01530

Website

https://www.solteq.com

Solteq Oyj is a provider of IT services and software solutions specializing in the digitalization of business and industry-specific software in sectors including retail, industry, energy, and services. It operates in Finland, Sweden, Norway, Denmark, Poland, and the UK. It has two business segments: Utilities and Retail and Commerce. The Utilities segment offers software solutions and expert services for the energy sector. The Retail and Commerce segment is focused on software solutions and services related to retail industry and e-commerce. The company derives maximum revenue from Retail & Commerce segment and geographically from Finland.

Solteq Oyj Headlines

No Headlines