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Lyondellbasell Advanced Polymers (Lyondellbasell Advanced Polymers) Effective Interest Rate on Debt % : 6.12% (As of May. 2018)


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What is Lyondellbasell Advanced Polymers 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. Lyondellbasell Advanced Polymers's annualized positive value of Interest Expense for the quarter that ended in May. 2018 was $57.14 Mil. Lyondellbasell Advanced Polymers's average total debt for the quarter that ended in May. 2018 was $934.29 Mil. Therefore, Lyondellbasell Advanced Polymers's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2018 was 6.12%.


Lyondellbasell Advanced Polymers Effective Interest Rate on Debt % Historical Data

The historical data trend for Lyondellbasell Advanced Polymers'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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Lyondellbasell Advanced Polymers Effective Interest Rate on Debt % Chart

Lyondellbasell Advanced Polymers Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 2.90 3.15 5.43 5.71

Lyondellbasell Advanced Polymers Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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 5.60 5.95 5.94 5.83 6.12

Competitive Comparison of Lyondellbasell Advanced Polymers's Effective Interest Rate on Debt %

For the Chemicals subindustry, Lyondellbasell Advanced Polymers'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.


Lyondellbasell Advanced Polymers's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lyondellbasell Advanced Polymers's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lyondellbasell Advanced Polymers's Effective Interest Rate on Debt % falls into.



Lyondellbasell Advanced Polymers Effective Interest Rate on Debt % Calculation

Lyondellbasell Advanced Polymers's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2016 )+Total Debt  (A: Aug. 2017 ))/ count )
=-1  *  -53.195/( (944.796+917.191)/ 2 )
=-1  *  -53.195/930.9935
=5.71 %

where

Total Debt  (A: Aug. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=919.349 + 25.447
=944.796

Total Debt  (A: Aug. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=885.178 + 32.013
=917.191

Lyondellbasell Advanced Polymers's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2018 )+Total Debt  (Q: May. 2018 ))/ count )
=-1  *  -57.14/( (950.124+918.448)/ 2 )
=-1  *  -57.14/934.286
=6.12 %

where

Total Debt  (Q: Feb. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=930.632 + 19.492
=950.124

Total Debt  (Q: May. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=897.243 + 21.205
=918.448

* 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 (May. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Lyondellbasell Advanced Polymers  (OTCPK:SLMNP.PFD) Effective Interest Rate on Debt % Explanation

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


Lyondellbasell Advanced Polymers Effective Interest Rate on Debt % Related Terms

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Lyondellbasell Advanced Polymers (Lyondellbasell Advanced Polymers) Business Description

Traded in Other Exchanges
N/A
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
Executives
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Kathleen M. Oswald director 3637 RIDGEWOOD RD, AKRON OH 44308
Gary D. Phillips officer: Chief Commercial Officer 3637 RIDGEWOOD RD., AKRON OH 44333
John W Richardson officer: EVP - Chief Financial Officer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Andreas K Gunther officer: EVP - Chief Human Resources 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Brent Middleton officer: SVP GM USCAN 1228 TITAN WAY, SUNNYVALE CA 94085
Frank Roederer officer: SVP & GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Rainer Schewe officer: EVP Global Supply Chain 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Andrean Horton officer: Senior Corp. Counsel 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Kevin T Andrews officer: SVP - GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN OH 44333
Kristopher R Westbrooks officer: VP - Controller and CAO 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Stacy R Walter officer: VP - Internal Audit 3550 WEST MARKET STREET, AKRON OH 44333
Timothy J Mcdannold officer: Treasurer - Dir.Risk Mngmnt. 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Heinrich Lingnau-schneider officer: VP & General Manager - Europe 3550 WEST MARKET STREET, AKRON OH 44333