SLVYY (Solvay) Effective Interest Rate on Debt % : 4.78% (As of Dec. 2024)

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What is Solvay 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. Solvay's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $105 Mil. Solvay's average total debt for the quarter that ended in Dec. 2024 was $2,192 Mil. Therefore, Solvay's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.78%.

Solvay Effective Interest Rate on Debt % Historical Data

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

Solvay Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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4.94

3.08

1.68

8.25

10.74

Solvay Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.69	8.88	7.12	6.55	4.78

Competitive Comparison of Solvay's Effective Interest Rate on Debt %

For the Chemicals subindustry, Solvay'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.

Solvay's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

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

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

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Solvay Effective Interest Rate on Debt % Calculation

Solvay'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 * -128.796	/	( (429.662	+	1969.633)	/ 2 )
=	-1 * -128.796	/	1199.6475
=	10.74 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	264.995	+	164.667
=	429.662

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1809.424	+	160.209
=	1969.633

Solvay's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -104.712	/	( (2415.095	+	1969.633)	/ 2 )
=	-1 * -104.712	/	2192.364
=	4.78 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2211.987	+	203.108
=	2415.095

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1809.424	+	160.209
=	1969.633

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Solvay (OTCPK:SLVYY) Effective Interest Rate on Debt % Explanation

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

Solvay Effective Interest Rate on Debt % Related Terms

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Solvay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solvay SA (OTCPK:SLVYY) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

SVYSF:USA SOLBb:UK 0NZR:UK SOL0:Germany SOLB:Belgium SOLB:Austria

Address

Rue De Ransbeek, 310, Brussels, BEL, B-1120

Website

https://www.solvay.com

Solvay SA is a Belgium-based producer of chemicals, plastics, and composites. Their five major businesses include soda ash, peroxides, silica, rare earths, and fluorine. The company has a top-three market position for nearly all of its products. Key business segments include Basic Chemicals, Performance Chemicals, and Corporate. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.