Suedzucker AG (WBO:SZU) Effective Interest Rate on Debt % : 0.00% (As of Nov. 2023)

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What is Suedzucker AG 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. Suedzucker AG's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was €0 Mil. Suedzucker AG's average total debt for the quarter that ended in Nov. 2023 was €2,481 Mil. Therefore, Suedzucker AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 0.00%.

Suedzucker AG Effective Interest Rate on Debt % Historical Data

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

Suedzucker AG Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

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2.39

2.23

1.73

1.82

2.63

Suedzucker AG Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	7.42	-

Competitive Comparison of Suedzucker AG's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Suedzucker AG'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.

Suedzucker AG's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Suedzucker AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Suedzucker AG Effective Interest Rate on Debt % Calculation

Suedzucker AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -54.7	/	( (1883.9	+	2282.8)	/ 2 )
=	-1 * -54.7	/	2083.35
=	2.63 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1321.7	+	562.2
=	1883.9

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1622.9	+	659.9
=	2282.8

Suedzucker AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2023 )	+	Total Debt (Q: Nov. 2023 ))	/ count )
=	-1 * 0	/	( (2481	+	0)	/ 1 )
=	-1 * 0	/	2481
=	0.00 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1571	+	910
=	2481

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Suedzucker AG (WBO:SZU) Effective Interest Rate on Debt % Explanation

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

Suedzucker AG Effective Interest Rate on Debt % Related Terms

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Suedzucker AG (WBO:SZU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suedzucker AG (WBO:SZU) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

SUEZY:USA 0G7B:UK SZU:Germany

Address

Maximilianstrasse 10, Mannheim, DEU, 68165

Website

https://www.suedzucker.de

Suedzucker AG has five major segments: Sugar, Special products, Crop energies, starch and Fruit. The Sugar segment produces Sugar, sugar specialty products, animal feed, and fertilizer. Special products produce frozen pizzas, baguettes, snacks, pasta, food ingredients, animal feed, starch, and pharmaceuticals. Crop energies produce bioethanol, protein-based food, and liquid carbon dioxide. The fruit segment makes juice concentrates, pure juice, wines, and beverage bases. Suedzucker sells its products to retailers and companies in the food, beverage, agriculture, paper, textile, chemicals, pharmaceuticals, cosmetics, animal feed, and petroleum industries. Germany is Suedzucker's biggest market, and the firm generates most of its revenue in European Union countries.

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