Solstad Maritime ASA (OSL:SOMA) Effective Interest Rate on Debt %: 9.50% (As of Jun. 2026)

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OSL:SOMA Solstad Maritime ASA OSL:SOMA
15 GF Score
Price kr28.80
! 7 Warning Signs
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What is Solstad Maritime ASA Effective Interest Rate on Debt %?

Solstad Maritime ASA OSL:SOMA 15 Effective Interest Rate on Debt % is 9.50% as of Jun. 2026. GuruFocus rates OSL:SOMA with a GF Score™ of 15/100. The stock has 7 warning signs investors should review.

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. Solstad Maritime ASA's annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was kr594 Mil. Solstad Maritime ASA's average total debt for the quarter that ended in Jun. 2026 was kr6,259 Mil. Therefore, Solstad Maritime ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 9.50%.


Solstad Maritime ASA  (OSL:SOMA) Effective Interest Rate on Debt % Explanation

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


Solstad Maritime ASA Effective Interest Rate on Debt % Related Terms


Solstad Maritime ASA Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Solstad Maritime 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.

Solstad Maritime ASA Effective Interest Rate on Debt % Chart

Solstad Maritime ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 3.45 3.94 8.57 10.56 9.16

Solstad Maritime ASA Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 9.38 11.41 9.26 9.39 9.50

Solstad Maritime ASA Effective Interest Rate on Debt % Competitor Comparison

For the Marine Shipping subindustry, Solstad Maritime 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.


Solstad Maritime ASA Effective Interest Rate on Debt % vs Transportation Industry

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

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


OSL:SOMA
15GF Score
Solstad Maritime ASA OSL:SOMA
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solstad Maritime ASA Effective Interest Rate on Debt % Calculation

Solstad Maritime ASA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -681.053/( (8724.557+6144.389)/ 2 )
=-1  *  -681.053/7434.473
=9.16 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7149.168 + 1575.389
=8724.557

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5144.786 + 999.603
=6144.389

Solstad Maritime ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -594.338/( (6144.389+6373.607)/ 2 )
=-1  *  -594.338/6258.998
=9.50 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5144.786 + 999.603
=6144.389

Total Debt  (Q: Jun. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5419.841 + 953.766
=6373.607

* 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 two times the semi-annual (Jun. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 9.50% mean?
Solstad Maritime ASA (OSL:SOMA) has a Effective Interest Rate on Debt % of 9.50% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Solstad Maritime ASA and its competitors.
Is Solstad Maritime ASA's Effective Interest Rate on Debt % too high?
Solstad Maritime ASA's current Effective Interest Rate on Debt % is 9.50%. Overall, Solstad Maritime ASA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's Effective Interest Rate on Debt % compare to competitors?
Solstad Maritime ASA's Effective Interest Rate on Debt % of 9.50% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Transportation company?
A good Effective Interest Rate on Debt % depends on the Transportation industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Solstad Maritime ASA and its competitors. Solstad Maritime ASA's current Effective Interest Rate on Debt % is 9.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Maritime ASA stock overvalued right now?
Solstad Maritime ASA (OSL:SOMA) has a current Effective Interest Rate on Debt % of 9.50%. The current Effective Interest Rate on Debt % is 9.50%. Solstad Maritime ASA's overall GF Score™ is 15/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Solstad Maritime ASA (OSL:SOMA), the current Effective Interest Rate on Debt % is 9.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Solstad Maritime ASA Business Description

Other Exchanges SOMAo:UKO6O:Germany
Address Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Maritime ASA operates offshore service and construction vessels, offering ships, additional services (ROVs, etc.), and maritime personnel across all geographical regions. Its operating business segments include AHTS, CSV, Services, and Others. The AHTS segment includes anchor handling tug supply vessels; the CSV segment represents operations of construction vessels performing subsea construction contracts; and the Services segment includes additional services provided across vessel spreads, i.e., ROVs, tooling, project personnel, and engineering support. All of the company's income is classified as Oil and Gas, which generates the majority of revenue, or Renewable. Geographically, it generates maximum revenue from the North Sea region.
15GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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