Basf SE (XTER:BAS) Effective Interest Rate on Debt % : 4.14% (As of Mar. 2024)

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What is Basf SE 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. Basf SE's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €876 Mil. Basf SE's average total debt for the quarter that ended in Mar. 2024 was €21,183 Mil. Therefore, Basf SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.14%.

Basf SE Effective Interest Rate on Debt % Historical Data

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

Basf SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.04

3.26

2.96

3.60

4.59

Basf SE 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															3.45	4.15	4.31	6.12	4.14

Competitive Comparison of Basf SE's Effective Interest Rate on Debt %

For the Chemicals subindustry, Basf SE'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.

Basf SE's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

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

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

Basf SE Effective Interest Rate on Debt % Calculation

Basf SE'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 * -971	/	( (20949	+	21347)	/ 2 )
=	-1 * -971	/	21148
=	4.59 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16351	+	4598
=	20949

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18400	+	2947
=	21347

Basf SE'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 * -876	/	( (21347	+	21018)	/ 2 )
=	-1 * -876	/	21182.5
=	4.14 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18400	+	2947
=	21347

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18986	+	2032
=	21018

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.

Basf SE (XTER:BAS) Effective Interest Rate on Debt % Explanation

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

Basf SE Effective Interest Rate on Debt % Related Terms

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Basf SE (XTER:BAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Basf SE (XTER:BAS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BFFAF:USA BASFY:USA BAS N:Mexico BASF:Italy BASF:Hungary BASd:UK 0BFA:UK BAS:Austria

Address

Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056

Website

https://www.basf.com

Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.

Executives

Dr. Stephan Kothrade	Board of Directors
Dr. Melanie Maas-brunner	Board of Directors
Dr. Dirk Elvermann	Board of Directors
Dr. Kurt Bock	Supervisory Board
Prof. Dr. Stefan Asenkerschbaumer	Supervisory Board
Dame Alison Carnwath	Supervisory Board
Prof. Dr. Thomas Carell	Supervisory Board
Alessandra Genco	Supervisory Board
Liming Chen	Supervisory Board
Dr. Markus Kamieth	Board of Directors
Saori Dubourg	Board of Directors
Sinischa Horvat	Supervisory Board
Tatjana Diether	Supervisory Board
Waldemar Helber	Supervisory Board
Michael Heinz	Board of Directors

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