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OPmobility (OPmobility) Effective Interest Rate on Debt % : 0.63% (As of Dec. 2023)


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What is OPmobility 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. OPmobility's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $16 Mil. OPmobility's average total debt for the quarter that ended in Dec. 2023 was $2,473 Mil. Therefore, OPmobility's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.63%.


OPmobility Effective Interest Rate on Debt % Historical Data

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

OPmobility Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.53 0.46 0.44 0.59

OPmobility 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.41 0.50 0.56 0.63

Competitive Comparison of OPmobility's Effective Interest Rate on Debt %

For the Auto Parts subindustry, OPmobility'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.


OPmobility's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, OPmobility's Effective Interest Rate on Debt % distribution charts can be found below:

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



OPmobility Effective Interest Rate on Debt % Calculation

OPmobility'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  *  -14.771/( (2483.455+2498.026)/ 2 )
=-1  *  -14.771/2490.7405
=0.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1561.514 + 921.941
=2483.455

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1063.112 + 1434.914
=2498.026

OPmobility'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  *  -15.634/( (2447.661+2498.026)/ 2 )
=-1  *  -15.634/2472.8435
=0.63 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1585.896 + 861.765
=2447.661

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1063.112 + 1434.914
=2498.026

* 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.

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.


OPmobility  (OTCPK:PASTF) Effective Interest Rate on Debt % Explanation

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


OPmobility Effective Interest Rate on Debt % Related Terms

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OPmobility (OPmobility) Business Description

Industry
Traded in Other Exchanges
Address
1, Allee Pierre-Burelle, Levallois-Perret, Paris, FRA, 92300
Plastic Omnium is a producer and supplier of automotive body parts and fuel systems. The company operates two business segments: Plastic Omnium Industries and Plastic Omnium Modules. The Industries division manufactures and sells automotive body parts, such as bumpers and tailgates, and fuel systems, including clean energy systems, exclusively to carmakers. The Modules division includes front-end modules assembly and logistics. The company owns a controlling stake in HBPO, which develops and distributes complex automotive technological elements. The company operates in Europe, North America, Asia, South America, and Africa, with carmakers as its main clients. Plastic Omnium generates the majority of its revenue in Europe and North America.

OPmobility (OPmobility) Headlines

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