Avery Dennison (STU:AV3) Effective Interest Rate on Debt % : 3.53% (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Avery Dennison 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. Avery Dennison's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €105 Mil. Avery Dennison's average total debt for the quarter that ended in Mar. 2024 was €2,978 Mil. Therefore, Avery Dennison's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.53%.

Avery Dennison Effective Interest Rate on Debt % Historical Data

The historical data trend for Avery Dennison'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.

* Premium members only.

Avery Dennison Effective Interest Rate on Debt % Chart

Avery Dennison Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.93

3.30

2.77

2.80

3.70

Avery Dennison 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															3.15	3.57	3.64	3.58	3.53

Competitive Comparison of Avery Dennison's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Avery Dennison'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.

Avery Dennison's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Effective Interest Rate on Debt % distribution charts can be found below:

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

Avery Dennison Effective Interest Rate on Debt % Calculation

Avery Dennison'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 * -109.123	/	( (2928.382	+	2975.023)	/ 2 )
=	-1 * -109.123	/	2951.7025
=	3.70 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2363.304	+	565.078
=	2928.382

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2404.466	+	570.557
=	2975.023

Avery Dennison'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 * -105.248	/	( (2975.023	+	2981.168)	/ 2 )
=	-1 * -105.248	/	2978.0955
=	3.53 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2404.466	+	570.557
=	2975.023

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1904.308	+	1076.86
=	2981.168

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.

Avery Dennison (STU:AV3) Effective Interest Rate on Debt % Explanation

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

Avery Dennison Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Avery Dennison's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Avery Dennison (STU:AV3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Avery Dennison Corp (STU:AV3) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AVY:USA AV3:Germany AVY:Argentina

Address

8080 Norton Parkway, Mentor, OH, USA, 44060

Website

https://www.averydennison.com

Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.

Avery Dennison (STU:AV3) Headlines

No Headlines