Rockwool AS (OCSE:ROCK A) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is Rockwool AS 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. Rockwool AS's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr0 Mil. Rockwool AS's average total debt for the quarter that ended in Mar. 2024 was kr857 Mil. Therefore, Rockwool AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Rockwool AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Rockwool AS'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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Rockwool AS Effective Interest Rate on Debt % Chart

Rockwool AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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24.33

11.47

8.47

6.81

12.66

Rockwool AS 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															-	-	-	59.13	-

Competitive Comparison of Rockwool AS's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Rockwool AS'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.

Rockwool AS's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rockwool AS's Effective Interest Rate on Debt % distribution charts can be found below:

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

Rockwool AS Effective Interest Rate on Debt % Calculation

Rockwool AS'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 * -163.976	/	( (1733.406	+	857.145)	/ 2 )
=	-1 * -163.976	/	1295.2755
=	12.66 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	743.951	+	989.455
=	1733.406

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	536.647	+	320.498
=	857.145

Rockwool AS'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 * 0	/	( (857.145	+	0)	/ 1 )
=	-1 * 0	/	857.145
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	536.647	+	320.498
=	857.145

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

Rockwool AS (OCSE:ROCK A) Effective Interest Rate on Debt % Explanation

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

Rockwool AS Effective Interest Rate on Debt % Related Terms

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Rockwool AS (OCSE:ROCK A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rockwool AS (OCSE:ROCK A) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

ROCKBc:UK 0M0A:UK ROCK B:Denmark R90:Germany

Address

Hovedgaden 584, Hedehusene, DNK, 2640

Website

https://www.rockwool.com

Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

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