Premium Snacks Nordic AB (OSTO:SNX) Effective Interest Rate on Debt % : 5.65% (As of Mar. 2025)

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What is Premium Snacks Nordic 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. Premium Snacks Nordic AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was kr2.3 Mil. Premium Snacks Nordic AB's average total debt for the quarter that ended in Mar. 2025 was kr39.9 Mil. Therefore, Premium Snacks Nordic AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.65%.

Premium Snacks Nordic AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Premium Snacks Nordic 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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Premium Snacks Nordic AB Effective Interest Rate on Debt % Chart

Premium Snacks Nordic AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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6.62

6.41

4.37

6.20

5.47

Premium Snacks Nordic AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.24	5.82	5.73	4.55	5.65

Competitive Comparison of Premium Snacks Nordic AB's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Premium Snacks Nordic 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.

Premium Snacks Nordic AB's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Snacks Nordic AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Premium Snacks Nordic AB Effective Interest Rate on Debt % Calculation

Premium Snacks Nordic AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -2.554	/	( (54.724	+	38.638)	/ 2 )
=	-1 * -2.554	/	46.681
=	5.47 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.751	+	35.973
=	54.724

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.661	+	25.977
=	38.638

Premium Snacks Nordic AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -2.256	/	( (38.638	+	41.202)	/ 2 )
=	-1 * -2.256	/	39.92
=	5.65 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.661	+	25.977
=	38.638

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.497	+	29.705
=	41.202

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Premium Snacks Nordic AB (OSTO:SNX) Effective Interest Rate on Debt % Explanation

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

Premium Snacks Nordic AB Effective Interest Rate on Debt % Related Terms

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Premium Snacks Nordic AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premium Snacks Nordic AB (OSTO:SNX) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N3K:Germany

Address

Kullsgardsvagen 18, Laholm, SWE, 312 34

Website

https://www.premiumsnacksnordic.com

Premium Snacks Nordic AB is a snack supplier in the Nordic region. The company offers wide range of high-quality snack products that contain everything from natural and spicy nuts, to chocolate dragees, licorice, Asian rice snacks and exotic dried fruits. It sells its products under two brands namely Exotic Snacks and Gardschips.