Randstad NV (Randstad NV) Effective Interest Rate on Debt % : 2.18% (As of Mar. 2024)

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What is Randstad NV 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. Randstad NV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $30 Mil. Randstad NV's average total debt for the quarter that ended in Mar. 2024 was $1,397 Mil. Therefore, Randstad NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.18%.

Randstad NV Effective Interest Rate on Debt % Historical Data

The historical data trend for Randstad NV'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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Randstad NV Effective Interest Rate on Debt % Chart

Randstad NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.64

3.28

2.62

3.04

7.15

Randstad NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.05	5.27	4.82	5.57	2.18

Competitive Comparison of Randstad NV's Effective Interest Rate on Debt %

For the Staffing & Employment Services subindustry, Randstad NV'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.

Randstad NV's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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

Randstad NV Effective Interest Rate on Debt % Calculation

Randstad NV'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 * -89.422	/	( (1211.864	+	1291.167)	/ 2 )
=	-1 * -89.422	/	1251.5155
=	7.15 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	941.737	+	270.127
=	1211.864

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	532.17	+	758.997
=	1291.167

Randstad NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -30.436	/	( (1291.167	+	1502.173)	/ 2 )
=	-1 * -30.436	/	1396.67
=	2.18 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	532.17	+	758.997
=	1291.167

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1114.13	+	388.043
=	1502.173

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

Randstad NV (OTCPK:RANJY) Effective Interest Rate on Debt % Explanation

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

Randstad NV Effective Interest Rate on Debt % Related Terms

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Randstad NV (Randstad NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Randstad NV (OTCPK:RANJY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

RANJF:USA RAND:Netherlands RANDa:UK 0NW2:UK RSH:Germany RAND:Austria

Address

Diemermere 25, Diemen, NH, NLD, 1112 TC

Website

https://www.randstad.com

Randstad NV is engaged in the HR services industry. The company is the largest HR services provider and is driven to become the most valued working life partner, supporting as many people as possible in realizing their true potential throughout their working lives. The company provides companies with high-quality, diverse, and agile workforces as per need while helping people get rewarding jobs and stay relevant in the ever-changing world of work.

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