HAV Group ASA (OSL:HAV) Effective Interest Rate on Debt % : 58.41% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is HAV Group ASA 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. HAV Group ASA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr18.4 Mil. HAV Group ASA's average total debt for the quarter that ended in Mar. 2024 was kr31.5 Mil. Therefore, HAV Group ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 58.41%.

HAV Group ASA Effective Interest Rate on Debt % Historical Data

The historical data trend for HAV Group ASA'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.

HAV Group ASA Effective Interest Rate on Debt % Chart

HAV Group ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

13.87

6.84

8.10

5.96

8.27

HAV Group ASA Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															37.16	78.51	98.59	-232.94	58.41

Competitive Comparison of HAV Group ASA's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, HAV Group ASA'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.

HAV Group ASA's Effective Interest Rate on Debt % Distribution in the Transportation Industry

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

* The bar in red indicates where HAV Group ASA's Effective Interest Rate on Debt % falls into.

HAV Group ASA Effective Interest Rate on Debt % Calculation

HAV Group ASA'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 * -3.019	/	( (46.192	+	26.821)	/ 2 )
=	-1 * -3.019	/	36.5065
=	8.27 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	46.192	+	0
=	46.192

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.821	+	0
=	26.821

HAV Group ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -18.388	/	( (26.821	+	36.141)	/ 2 )
=	-1 * -18.388	/	31.481
=	58.41 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.821	+	0
=	26.821

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.141	+	0
=	36.141

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

HAV Group ASA (OSL:HAV) Effective Interest Rate on Debt % Explanation

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

HAV Group ASA Effective Interest Rate on Debt % Related Terms

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

HAV Group ASA (OSL:HAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » HAV Group ASA (OSL:HAV) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

6HH:Germany

Address

Holmefjordvegen 1, Fosnavag, NOR, 6090

Website

https://www.havgroup.no

HAV Group ASA is a provider of solutions and technology to the global marine and maritime industries. The group's vision is to contribute to the green shift through innovative solutions and high-end products for the ocean industries. It offers ship design, shipbuilding technology, ship equipment and systems, and service to sailing ships worldwide.

HAV Group ASA (OSL:HAV) Headlines

No Headlines