Adecco Group AG (Adecco Group AG) Effective Interest Rate on Debt % : 2.53% (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Adecco Group 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. Adecco Group AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $100 Mil. Adecco Group AG's average total debt for the quarter that ended in Dec. 2023 was $3,963 Mil. Therefore, Adecco Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.53%.

Adecco Group AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Adecco Group 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.

* Premium members only.

Adecco Group AG Effective Interest Rate on Debt % Chart

Adecco Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.74

1.39

1.08

1.32

2.12

Adecco Group AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.68	1.84	2.11	1.78	2.53

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

For the Staffing & Employment Services subindustry, Adecco Group 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.

Adecco Group AG's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Adecco Group AG Effective Interest Rate on Debt % Calculation

Adecco Group AG'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 * -83.969	/	( (3919.491	+	4003.272)	/ 2 )
=	-1 * -83.969	/	3961.3815
=	2.12 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3586.864	+	332.627
=	3919.491

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3214.831	+	788.441
=	4003.272

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -100.328	/	( (3923.159	+	4003.272)	/ 2 )
=	-1 * -100.328	/	3963.2155
=	2.53 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3633.938	+	289.221
=	3923.159

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3214.831	+	788.441
=	4003.272

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

Adecco Group AG (OTCPK:AHEXY) Effective Interest Rate on Debt % Explanation

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

Adecco Group AG Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Adecco Group AG's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Adecco Group AG (Adecco Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Adecco Group AG (OTCPK:AHEXY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

SLNG PED NGS EPSN SGU RSRV SND EPM RNGR SOI ADP PAYX XAMS:RAND RHI BZ TNET NSP MAN KFY TSE:2181

Traded in Other Exchanges

ADENz:UK ADIA:Germany ADEN:Switzerland

Address

Bellerivestrasse 30, Zurich, CHE, CH-8008

Website

https://www.adeccogroup.com

Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.