Verbund AG (Verbund AG) Effective Interest Rate on Debt % : 7.54% (As of Dec. 2023)

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What is Verbund 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. Verbund AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $105 Mil. Verbund AG's average total debt for the quarter that ended in Dec. 2023 was $1,393 Mil. Therefore, Verbund AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.54%.

Verbund AG Effective Interest Rate on Debt % Historical Data

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

Verbund AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.29

5.86

4.28

2.78

4.65

Verbund 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															6.63	7.76	120.38	113.43	7.54

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

For the Utilities - Renewable subindustry, Verbund 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.

Verbund AG's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Verbund AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Verbund AG Effective Interest Rate on Debt % Calculation

Verbund 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 * -156.161	/	( (4092.691	+	2626.826)	/ 2 )
=	-1 * -156.161	/	3359.7585
=	4.65 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2906.886	+	1185.805
=	4092.691

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1843.402	+	783.424
=	2626.826

Verbund 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 * -105.124	/	( (160.086	+	2626.826)	/ 2 )
=	-1 * -105.124	/	1393.456
=	7.54 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	147.599	+	12.487
=	160.086

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1843.402	+	783.424
=	2626.826

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.

Verbund AG (OTCPK:OEZVY) Effective Interest Rate on Debt % Explanation

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

Verbund AG Effective Interest Rate on Debt % Related Terms

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Verbund AG (Verbund AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (OTCPK:OEZVY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Czech Republic VER:Austria

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.