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SNDVF (Scandinavian Tobacco Group AS) Effective Interest Rate on Debt % : 5.83% (As of Sep. 2024)


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What is Scandinavian Tobacco Group AS 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. Scandinavian Tobacco Group AS's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $47 Mil. Scandinavian Tobacco Group AS's average total debt for the quarter that ended in Sep. 2024 was $800 Mil. Therefore, Scandinavian Tobacco Group AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.83%.


Scandinavian Tobacco Group AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Scandinavian Tobacco Group AS'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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Scandinavian Tobacco Group AS Effective Interest Rate on Debt % Chart

Scandinavian Tobacco Group AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 3.20 3.13 3.40 4.45

Scandinavian Tobacco Group AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.04 -9.47 6.62 5.67 5.83

Competitive Comparison of Scandinavian Tobacco Group AS's Effective Interest Rate on Debt %

For the Tobacco subindustry, Scandinavian Tobacco Group AS'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.


Scandinavian Tobacco Group AS's Effective Interest Rate on Debt % Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group AS's Effective Interest Rate on Debt % falls into.



Scandinavian Tobacco Group AS Effective Interest Rate on Debt % Calculation

Scandinavian Tobacco Group AS'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  *  -23.746/( (488.759+579.622)/ 2 )
=-1  *  -23.746/534.1905
=4.45 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=480.742 + 8.017
=488.759

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=570.975 + 8.647
=579.622

Scandinavian Tobacco Group AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -46.68/( (757.557+843.138)/ 2 )
=-1  *  -46.68/800.3475
=5.83 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=737.539 + 20.018
=757.557

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=647.886 + 195.252
=843.138

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


Scandinavian Tobacco Group AS  (OTCPK:SNDVF) Effective Interest Rate on Debt % Explanation

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


Scandinavian Tobacco Group AS Effective Interest Rate on Debt % Related Terms

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Scandinavian Tobacco Group AS Business Description

Traded in Other Exchanges
Address
Sandtoften 9, Gentofte, DNK, 2820
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.