Bergs Timber AB (OSTO:BRG B) Effective Interest Rate on Debt % : 13.24% (As of Sep. 2023)

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What is Bergs Timber 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. Bergs Timber AB's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was kr64 Mil. Bergs Timber AB's average total debt for the quarter that ended in Sep. 2023 was kr484 Mil. Therefore, Bergs Timber AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 13.24%.

Bergs Timber AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Bergs Timber 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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Bergs Timber AB Effective Interest Rate on Debt % Chart

Bergs Timber AB Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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2.34

3.50

5.37

3.40

3.96

Bergs Timber AB Quarterly Data
	Aug18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.03	8.22	8.46	7.21	13.24

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

For the Lumber & Wood Production subindustry, Bergs Timber 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.

Bergs Timber AB's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Bergs Timber AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Bergs Timber AB Effective Interest Rate on Debt % Calculation

Bergs Timber AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -11	/	( (317	+	239)	/ 2 )
=	-1 * -11	/	278
=	3.96 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12	+	305
=	317

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	210	+	29
=	239

Bergs Timber AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -64	/	( (543	+	424)	/ 2 )
=	-1 * -64	/	483.5
=	13.24 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	467	+	76
=	543

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	375	+	49
=	424

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bergs Timber AB (OSTO:BRG B) Effective Interest Rate on Debt % Explanation

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

Bergs Timber AB Effective Interest Rate on Debt % Related Terms

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Bergs Timber AB (OSTO:BRG B) Business Description

Industry

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Traded in Other Exchanges

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Address

Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53

Website

https://www.bergstimber.com

Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

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