Beijer Ref AB (OSTO:BEIJ B) Effective Interest Rate on Debt % : 5.50% (As of Mar. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Beijer Ref 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. Beijer Ref AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr564 Mil. Beijer Ref AB's average total debt for the quarter that ended in Mar. 2024 was kr10,250 Mil. Therefore, Beijer Ref AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.50%.

Beijer Ref AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Beijer Ref 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.

* Premium members only.

Beijer Ref AB Effective Interest Rate on Debt % Chart

Beijer Ref AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.83

1.71

1.66

2.59

5.72

Beijer Ref 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															9.61	-	-	5.07	5.50

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

For the Specialty Industrial Machinery subindustry, Beijer Ref 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.

Beijer Ref AB's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijer Ref AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Beijer Ref AB Effective Interest Rate on Debt % Calculation

Beijer Ref 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 * -539	/	( (8612	+	10250)	/ 2 )
=	-1 * -539	/	9431
=	5.72 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5568	+	3044
=	8612

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8004	+	2246
=	10250

Beijer Ref 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 * -564	/	( (10250	+	0)	/ 1 )
=	-1 * -564	/	10250
=	5.50 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8004	+	2246
=	10250

	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.

Beijer Ref AB (OSTO:BEIJ B) Effective Interest Rate on Debt % Explanation

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

Beijer Ref AB Effective Interest Rate on Debt % Related Terms

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

Beijer Ref AB (OSTO:BEIJ B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijer Ref AB (OSTO:BEIJ B) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

0A0H:UK BRZ0:Germany

Address

Stortorget 8, Malmo, SWE, SE-211 34

Website

https://www.beijerref.com

Beijer Ref AB is a Sweden-based company that trades, distributes, and services refrigeration systems, as well as components for refrigeration systems, air conditioning, and heat pumps. The company serves demands from commercial refrigeration (targeting food stores, shopping malls, hotels, and others), industrial refrigeration (targeting ice rinks, offices, computer rooms, and others), and comfort cooling (targeting private residences, stores, and others). Beijer Ref's sales are primarily made to refrigeration installation contractors, service vendors, building companies, and refrigerator makers. The company generates substantially all of its sales from the European market.

Beijer Ref AB (OSTO:BEIJ B) Headlines

No Headlines