Schneider Electric SE (Schneider Electric SE) Effective Interest Rate on Debt % : 3.10% (As of Dec. 2023)

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What is Schneider Electric SE 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. Schneider Electric SE's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $504 Mil. Schneider Electric SE's average total debt for the quarter that ended in Dec. 2023 was $16,239 Mil. Therefore, Schneider Electric SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.10%.

Schneider Electric SE Effective Interest Rate on Debt % Historical Data

The historical data trend for Schneider Electric SE'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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Schneider Electric SE Effective Interest Rate on Debt % Chart

Schneider Electric SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.93

2.44

1.68

1.93

3.96

Schneider Electric SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.55	1.50	2.05	3.76	3.10

Competitive Comparison of Schneider Electric SE's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Schneider Electric SE'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.

Schneider Electric SE's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Schneider Electric SE's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Schneider Electric SE's Effective Interest Rate on Debt % falls into.

Schneider Electric SE Effective Interest Rate on Debt % Calculation

Schneider Electric SE'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 * -520.174	/	( (11083.687	+	15194.111)	/ 2 )
=	-1 * -520.174	/	13138.899
=	3.96 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7764.831	+	3318.856
=	11083.687

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12641.221	+	2552.89
=	15194.111

Schneider Electric SE'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -503.816	/	( (17283.857	+	15194.111)	/ 2 )
=	-1 * -503.816	/	16238.984
=	3.10 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12957.746	+	4326.111
=	17283.857

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12641.221	+	2552.89
=	15194.111

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Schneider Electric SE (OTCPK:SBGSY) Effective Interest Rate on Debt % Explanation

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

Schneider Electric SE Effective Interest Rate on Debt % Related Terms

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Schneider Electric SE (Schneider Electric SE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schneider Electric SE (OTCPK:SBGSY) » Definitions » Effective Interest Rate on Debt %

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Address

35, rue Joseph Monier - CS 30323, Rueil Malmaison, FRA, F-92506

Website

https://www.se.com

Schneider Electric is a leading global supplier of electrical and industrial automation equipment. The group has four end-markets Buildings, Data Centers, Infrastructure and Industry, each of which rely on Schneider's products and solutions to ensure their operations run safely and efficiently. Schneider sells its products via distributors (45% of revenue), direct to customers (40% of revenue) and the remainder through other channels such as panel builders of system integrators. The group's largest geographic markets are the U.S., China and India.