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Electrolux Professional AB (OSTO:EPRO B) Effective Interest Rate on Debt % : 4.24% (As of Jun. 2024)


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What is Electrolux Professional 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. Electrolux Professional AB's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was kr160 Mil. Electrolux Professional AB's average total debt for the quarter that ended in Jun. 2024 was kr3,776 Mil. Therefore, Electrolux Professional AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.24%.


Electrolux Professional AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Electrolux Professional 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.

Electrolux Professional AB Effective Interest Rate on Debt % Chart

Electrolux Professional AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.86 1.71 1.42 5.03 10.59

Electrolux Professional AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.52 5.17 8.42 4.44 4.24

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

For the Specialty Industrial Machinery subindustry, Electrolux Professional 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.


Electrolux Professional AB's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Electrolux Professional AB Effective Interest Rate on Debt % Calculation

Electrolux Professional 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  *  -284/( (3135+2227)/ 2 )
=-1  *  -284/2681
=10.59 %

where

Electrolux Professional AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -160/( (3720+3831)/ 2 )
=-1  *  -160/3775.5
=4.24 %

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Electrolux Professional AB  (OSTO:EPRO B) Effective Interest Rate on Debt % Explanation

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


Electrolux Professional AB Effective Interest Rate on Debt % Related Terms

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Electrolux Professional AB Business Description

Traded in Other Exchanges
Address
Franzengatan 6, Stockholm, SWE, SE-112 51
Electrolux Professional AB is a provider of food service, beverage, and laundry solutions, serving a wide range of customers globally, from restaurants and hotels to healthcare, educational, and other service facilities. The company's products include Combi ovens; Boiling & braising pans; Fry tops; Slicers & food processors; Planetary mixers; Vacuum packers & sealers; Refrigerated counters; Blast chillers, and others. The company's business segments include Food & Beverage which generates key revenue, and Laundry. Its geographical segments are Europe; the Asia Pacific, the Middle East, Africa; and the Americas, of which the majority of its revenue comes from Europe.

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