Industrivarden AB (OSTO:INDU A) Effective Interest Rate on Debt % : 2.63% (As of Mar. 2024)

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What is Industrivarden AB 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. Industrivarden AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr216 Mil. Industrivarden AB's average total debt for the quarter that ended in Mar. 2024 was kr8,200 Mil. Therefore, Industrivarden AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.63%.

Industrivarden AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Industrivarden AB'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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Industrivarden AB Effective Interest Rate on Debt % Chart

Industrivarden AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.38

0.67

0.55

1.05

2.41

Industrivarden AB 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															2.10	-	-	4.15	2.63

Competitive Comparison of Industrivarden AB's Effective Interest Rate on Debt %

For the Asset Management subindustry, Industrivarden AB'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.

Industrivarden AB's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrivarden AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Industrivarden AB Effective Interest Rate on Debt % Calculation

Industrivarden AB'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 * -197	/	( (8182	+	8200)	/ 2 )
=	-1 * -197	/	8191
=	2.41 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8182	+	0
=	8182

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8200	+	0
=	8200

Industrivarden AB'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 * -216	/	( (8200	+	0)	/ 1 )
=	-1 * -216	/	8200
=	2.63 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8200	+	0
=	8200

	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.

Industrivarden AB (OSTO:INDU A) Effective Interest Rate on Debt % Explanation

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

Industrivarden AB Effective Interest Rate on Debt % Related Terms

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Industrivarden AB (OSTO:INDU A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Industrivarden AB (OSTO:INDU A) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

INDU C:Sweden INDUCs:UK INDUAs:UK 0MHU:UK 0H13:UK IDVA:Germany

Address

Storgatan 10, Stockholm, SWE, 114 51

Website

https://www.industrivarden.net

Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

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