Nosa Plugs (OSTO:NOSA) Effective Interest Rate on Debt % : 5.47% (As of Mar. 2024)

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What is Nosa Plugs 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. Nosa Plugs's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr0.10 Mil. Nosa Plugs's average total debt for the quarter that ended in Mar. 2024 was kr1.76 Mil. Therefore, Nosa Plugs's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.47%.

Nosa Plugs Effective Interest Rate on Debt % Historical Data

The historical data trend for Nosa Plugs'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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Nosa Plugs Effective Interest Rate on Debt % Chart

Nosa Plugs Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.56

4.40

5.63

5.12

Nosa Plugs 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															5.39	2.53	-	-	5.47

Competitive Comparison of Nosa Plugs's Effective Interest Rate on Debt %

For the Medical Devices subindustry, Nosa Plugs'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.

Nosa Plugs's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nosa Plugs's Effective Interest Rate on Debt % distribution charts can be found below:

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

Nosa Plugs Effective Interest Rate on Debt % Calculation

Nosa Plugs'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 * -0.092	/	( (1.719	+	1.877)	/ 2 )
=	-1 * -0.092	/	1.798
=	5.12 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.069	+	0.65
=	1.719

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.015	+	0.862
=	1.877

Nosa Plugs'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 * -0.096	/	( (1.877	+	1.634)	/ 2 )
=	-1 * -0.096	/	1.7555
=	5.47 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.015	+	0.862
=	1.877

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.838	+	0.796
=	1.634

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.

Nosa Plugs (OSTO:NOSA) Effective Interest Rate on Debt % Explanation

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

Nosa Plugs Effective Interest Rate on Debt % Related Terms

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Nosa Plugs (OSTO:NOSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nosa Plugs (OSTO:NOSA) » Definitions » Effective Interest Rate on Debt %

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Address

Observatoriegatan 5, Stockholm, SWE, 113 29

Website

https://www.nosaplugs.com

Nosa Plugs is a Swedish medical technology company. It is a world-leading supplier of nasal protection and nasal filters. With the vision to improve the breathing experience for everyone, NOSA offers a product portfolio consisting of odor protection, nasal filters against allergens and nasal protection that reduces viruses and bacteria.

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