Norsk Hydro ASA (STU:NOHA) Effective Interest Rate on Debt %: 5.92% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:NOHA Norsk Hydro ASA STU:NOHA
84 GF Score
Price €7.85
GF Value €6.22
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Norsk Hydro ASA Effective Interest Rate on Debt %?

Norsk Hydro ASA STU:NOHA +3.97% 84 Effective Interest Rate on Debt % is 5.92% as of Jun. 2026. GuruFocus rates STU:NOHA with a GF Score™ of 84/100 and a GF Value™ of €6.22 (Modestly Overvalued). The stock has 2 warning signs investors should review.

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. Norsk Hydro ASA's annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was €185 Mil. Norsk Hydro ASA's average total debt for the quarter that ended in Jun. 2026 was €3,129 Mil. Therefore, Norsk Hydro ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 5.92%.


Norsk Hydro ASA  (STU:NOHA) Effective Interest Rate on Debt % Explanation

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


Norsk Hydro ASA Effective Interest Rate on Debt % Related Terms


Norsk Hydro ASA Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Norsk Hydro ASA'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.

Norsk Hydro ASA Effective Interest Rate on Debt % Chart

Norsk Hydro ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.91 4.06 6.47 8.92 7.29

Norsk Hydro ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.85 6.37 6.74 5.51 5.92

STU:NOHA vs AA, CENX: Effective Interest Rate on Debt % Comparison

For the Aluminum subindustry, Norsk Hydro ASA'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.


Norsk Hydro ASA Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Effective Interest Rate on Debt % distribution charts can be found below:

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


STU:NOHA
84GF Score
Norsk Hydro ASA STU:NOHA
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norsk Hydro ASA Effective Interest Rate on Debt % Calculation

Norsk Hydro ASA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -220.452/( (2957.586+3090.384)/ 2 )
=-1  *  -220.452/3023.985
=7.29 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1970.107 + 987.479
=2957.586

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2401.82 + 688.564
=3090.384

Norsk Hydro ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2026 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -185.144/( (3022.923+3236.057)/ 2 )
=-1  *  -185.144/3129.49
=5.92 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2566.001 + 456.922
=3022.923

Total Debt  (Q: Jun. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2630.44 + 605.617
=3236.057

* 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 (Jun. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 5.92% mean?
Norsk Hydro ASA (STU:NOHA) has a Effective Interest Rate on Debt % of 5.92% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Norsk Hydro ASA and its competitors.
Is Norsk Hydro ASA's Effective Interest Rate on Debt % too high?
Norsk Hydro ASA's current Effective Interest Rate on Debt % is 5.92%. Overall, Norsk Hydro ASA has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's Effective Interest Rate on Debt % compare to AA and CENX?
Norsk Hydro ASA's Effective Interest Rate on Debt % of 5.92% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Norsk Hydro ASA and its competitors. Norsk Hydro ASA's current Effective Interest Rate on Debt % is 5.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (STU:NOHA) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.22, compared to a current price of €7.85 — trading 26.2% above its estimated fair value. The current Effective Interest Rate on Debt % is 5.92%. Norsk Hydro ASA's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Norsk Hydro ASA (STU:NOHA), the current Effective Interest Rate on Debt % is 5.92% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norsk Hydro ASA (STU:NOHA) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued. The current stock price of €7.85 is trading 26.2% above its estimated GF Value™ of €6.22. GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.

Key valuation signals for STU:NOHA:

  • Effective Interest Rate on Debt %: 5.92%
  • GF Value™: €6.22 vs. price of €7.85 (26.2% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the STU:NOHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norsk Hydro ASA Business Description

Address Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
84GF Score

Get the complete analysis for STU:NOHA

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.85
Price
€6.22
GF Value