Sweco AB (OSTO:SWEC B) Effective Interest Rate on Debt % : 4.01% (As of Mar. 2024)

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What is Sweco 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. Sweco AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr272 Mil. Sweco AB's average total debt for the quarter that ended in Mar. 2024 was kr6,791 Mil. Therefore, Sweco AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.01%.

Sweco AB Effective Interest Rate on Debt % Historical Data

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

Sweco AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.89

1.43

1.26

1.76

4.41

Sweco 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															2.78	3.42	3.65	4.50	4.01

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

For the Engineering & Construction subindustry, Sweco 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.

Sweco AB's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sweco AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sweco AB Effective Interest Rate on Debt % Calculation

Sweco 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 * -244	/	( (4438	+	6639)	/ 2 )
=	-1 * -244	/	5538.5
=	4.41 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3150	+	1288
=	4438

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4398	+	2241
=	6639

Sweco 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 * -272	/	( (6639	+	6942)	/ 2 )
=	-1 * -272	/	6790.5
=	4.01 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4398	+	2241
=	6639

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4626	+	2316
=	6942

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.

Sweco AB (OSTO:SWEC B) Effective Interest Rate on Debt % Explanation

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

Sweco AB Effective Interest Rate on Debt % Related Terms

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Sweco AB (OSTO:SWEC B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sweco AB (OSTO:SWEC B) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SWEC A:Sweden 0H0G:UK 7W71:Germany

Address

Gjorwellsgatan 22, Box 34044, Stockholm, SWE, SE-100 26

Website

https://www.swecogroup.com

Sweco AB offers consulting, engineering services, technology, and architecture. It designs buildings, city districts, and transportation infrastructure to meet customers' needs. The company's planning and project management capabilities help to supply forecasts and site supervision. Part of the process focuses on providing the right conditions and climate for people to live and work in. Modern technical solutions help supply clean water, reliable energy supply, and resource-efficient industrial facilities to transform structures. The company's segments are sorted geographically: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, United Kingdom, and Germany and Central Europe. The largest portion of sales derives from Sweden, and the region is a focal point for profitability.

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