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Kongsberg Gruppen ASA (OSL:KOG) Effective Interest Rate on Debt % : 5.36% (As of Mar. 2024)


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What is Kongsberg Gruppen 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. Kongsberg Gruppen ASA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr268 Mil. Kongsberg Gruppen ASA's average total debt for the quarter that ended in Mar. 2024 was kr4,998 Mil. Therefore, Kongsberg Gruppen ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.36%.


Kongsberg Gruppen ASA Effective Interest Rate on Debt % Historical Data

The historical data trend for Kongsberg Gruppen 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.

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Kongsberg Gruppen ASA Effective Interest Rate on Debt % Chart

Kongsberg Gruppen ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 4.07 4.45 6.90 7.30

Kongsberg Gruppen ASA Quarterly Data
Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.88 5.89 2.45 17.02 5.36

Competitive Comparison of Kongsberg Gruppen ASA's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Kongsberg Gruppen 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.


Kongsberg Gruppen ASA's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Gruppen ASA's Effective Interest Rate on Debt % distribution charts can be found below:

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



Kongsberg Gruppen ASA Effective Interest Rate on Debt % Calculation

Kongsberg Gruppen 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  *  -339/( (4398+4890)/ 2 )
=-1  *  -339/4644
=7.30 %

where

Kongsberg Gruppen 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  *  -268/( (4890+5106)/ 2 )
=-1  *  -268/4998
=5.36 %

where

* 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.

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.


Kongsberg Gruppen ASA  (OSL:KOG) Effective Interest Rate on Debt % Explanation

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


Kongsberg Gruppen ASA Effective Interest Rate on Debt % Related Terms

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Kongsberg Gruppen ASA (OSL:KOG) Business Description

Address
Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen ASA is an international technology company that supplies products and services to defense, maritime, oil, gas, and aerospace industries. The company is divided into two business segments: the maritime segment and defense and aerospace systems. Maritime, which earns most of the company revenue, creates navigation, automation, monitoring, and positioning products for commercial ships and offshore industries. The defense and aerospace segment provides defense and space-related products and systems. Outside of the two main segments, the firm operates Kongsberg Digital, which produces digital solutions for oil, gas, wind, and merchant marine markets. Products are delivered globally, with North America accounting for about a third of total revenue.

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