Afry AB (OSTO:AFRY) Effective Interest Rate on Debt % : 8.55% (As of Mar. 2024)

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What is Afry AB 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. Afry AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr672 Mil. Afry AB's average total debt for the quarter that ended in Mar. 2024 was kr7,858 Mil. Therefore, Afry AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.55%.

Afry AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Afry AB'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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Afry AB Effective Interest Rate on Debt % Chart

Afry AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.08

2.22

1.69

2.36

4.75

Afry AB 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															11.44	-	-	5.50	8.55

Competitive Comparison of Afry AB's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Afry AB'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.

Afry AB's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Afry AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Afry AB Effective Interest Rate on Debt % Calculation

Afry AB'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 * -372	/	( (7796	+	7858)	/ 2 )
=	-1 * -372	/	7827
=	4.75 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5997	+	1799
=	7796

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6059	+	1799
=	7858

Afry AB'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 * -672	/	( (7858	+	0)	/ 1 )
=	-1 * -672	/	7858
=	8.55 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6059	+	1799
=	7858

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

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.

Afry AB (OSTO:AFRY) Effective Interest Rate on Debt % Explanation

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

Afry AB Effective Interest Rate on Debt % Related Terms

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Afry AB (OSTO:AFRY) Business Description

Industry

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Traded in Other Exchanges

0QUU:UK B3Y1:Germany

Address

Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99

Website

https://www.afry.com

Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. It develops solutions for public and private clients and has the capabilities to serve all regions of the world. The business divisions are Industrial & Digital Solutions, infrastructure, Process Industries, Energy, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals. Infrastructure projects provide sustainable and technological solutions for railways, roads, and other transportation networks. Sales are concentrated in Europe, and the company strengthens customer relationships by providing customized services.

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