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Synsam AB (OSTO:SYNSAM) Effective Interest Rate on Debt % : -26.75% (As of Dec. 2023)


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What is Synsam 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. Synsam AB's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was kr-888 Mil. Synsam AB's average total debt for the quarter that ended in Dec. 2023 was kr3,320 Mil. Therefore, Synsam AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -26.75%.


Synsam AB Effective Interest Rate on Debt % Historical Data

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

Synsam AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 7.54 7.34 8.88 3.13 5.62

Synsam AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -15.28 17.50 14.46 16.04 -26.75

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

For the Medical Instruments & Supplies subindustry, Synsam 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.


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

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

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



Synsam AB Effective Interest Rate on Debt % Calculation

Synsam 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  *  -187/( (3397+3255)/ 2 )
=-1  *  -187/3326
=5.62 %

where

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  888/( (3384+3255)/ 2 )
=-1  *  888/3319.5
=-26.75 %

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


Synsam AB  (OSTO:SYNSAM) Effective Interest Rate on Debt % Explanation

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


Synsam AB Effective Interest Rate on Debt % Related Terms

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Synsam AB (OSTO:SYNSAM) Business Description

Traded in Other Exchanges
Address
Sankt Eriksgatan 60, Stockholm, SWE, 112 34
Synsam AB is a lifestyle company in optics and eye health in the Nordic region. The company offers a wide and innovative range of products in physical and digital stores. It also offers several subscription services as well as the opportunity to virtually try out entire range of glasses on mobile.

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