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Wolters Kluwer NV (XAMS:WKL) Effective Interest Rate on Debt % : 0.87% (As of Dec. 2023)


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What is Wolters Kluwer 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. Wolters Kluwer NV's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €32 Mil. Wolters Kluwer NV's average total debt for the quarter that ended in Dec. 2023 was €3,662 Mil. Therefore, Wolters Kluwer NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.87%.


Wolters Kluwer NV Effective Interest Rate on Debt % Historical Data

The historical data trend for Wolters Kluwer 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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Wolters Kluwer NV Effective Interest Rate on Debt % Chart

Wolters Kluwer NV 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 2.43 2.42 1.77 1.69 0.73

Wolters Kluwer NV 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 1.17 2.68 0.81 0.61 0.87

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

For the Specialty Business Services subindustry, Wolters Kluwer 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.


Wolters Kluwer NV's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wolters Kluwer NV's Effective Interest Rate on Debt % distribution charts can be found below:

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



Wolters Kluwer NV Effective Interest Rate on Debt % Calculation

Wolters Kluwer 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  *  -27/( (3613+3739)/ 2 )
=-1  *  -27/3676
=0.73 %

where

Wolters Kluwer NV'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  *  -32/( (3585+3739)/ 2 )
=-1  *  -32/3662
=0.87 %

where

* 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.


Wolters Kluwer NV  (XAMS:WKL) Effective Interest Rate on Debt % Explanation

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


Wolters Kluwer NV Effective Interest Rate on Debt % Related Terms

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Wolters Kluwer NV (XAMS:WKL) Business Description

Industry
Traded in Other Exchanges
Address
Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, NLD, 2400
Wolters Kluwer is a Europe-listed global information services company. It operates across four distinct business segments serving a wide array of clients: health (26% of 2020 sales), tax and accounting (31%), legal and regulatory (23%), and governance, risk, and compliance (20%). Within these divisions, Wolters aims to be the industry leader in a variety of niche, higher-value services.

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