OCI NV (XAMS:OCI) Effective Interest Rate on Debt % : 5.22% (As of Mar. 2024)

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What is OCI NV 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. OCI NV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €114 Mil. OCI NV's average total debt for the quarter that ended in Mar. 2024 was €2,180 Mil. Therefore, OCI NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.22%.

OCI NV Effective Interest Rate on Debt % Historical Data

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

OCI NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.49

5.06

6.65

0.65

3.14

OCI NV 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															1.31	10.01	5.71	4.32	5.22

Competitive Comparison of OCI NV's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, OCI NV'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.

OCI NV's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, OCI NV's Effective Interest Rate on Debt % distribution charts can be found below:

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

OCI NV Effective Interest Rate on Debt % Calculation

OCI NV'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 * -79.779	/	( (2975.299	+	2108.825)	/ 2 )
=	-1 * -79.779	/	2542.062
=	3.14 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2643.011	+	332.288
=	2975.299

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1923.316	+	185.509
=	2108.825

OCI NV'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 * -113.712	/	( (2108.825	+	2251.424)	/ 2 )
=	-1 * -113.712	/	2180.1245
=	5.22 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1923.316	+	185.509
=	2108.825

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2165.588	+	85.836
=	2251.424

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.

OCI NV (XAMS:OCI) Effective Interest Rate on Debt % Explanation

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

OCI NV Effective Interest Rate on Debt % Related Terms

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OCI NV (XAMS:OCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » OCI NV (XAMS:OCI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

OCINF:USA OCI:Mexico OCIa:UK 0QGH:UK OIC:Germany

Address

Honthorststraat 19, Amsterdam, NH, NLD, 1071

Website

https://oci-global.com

OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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