Siemens AG (XTER:SIE) Effective Interest Rate on Debt % : 3.51% (As of Dec. 2023)

View and export this data going back to 1897. Start your Free Trial

What is Siemens AG 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. Siemens AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €1,684 Mil. Siemens AG's average total debt for the quarter that ended in Dec. 2023 was €47,959 Mil. Therefore, Siemens AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.51%.

Siemens AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Siemens AG'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.

Siemens AG Effective Interest Rate on Debt % Chart

Siemens AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.81

2.01

1.38

1.39

2.82

Siemens AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.21	2.80	3.07	3.10	3.51

Competitive Comparison of Siemens AG's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Siemens AG'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.

Siemens AG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Siemens AG Effective Interest Rate on Debt % Calculation

Siemens AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -1373	/	( (50636	+	46596)	/ 2 )
=	-1 * -1373	/	48616
=	2.82 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43978	+	6658
=	50636

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39113	+	7483
=	46596

Siemens AG'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1684	/	( (46596	+	49321)	/ 2 )
=	-1 * -1684	/	47958.5
=	3.51 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39113	+	7483
=	46596

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39610	+	9711
=	49321

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Siemens AG (XTER:SIE) Effective Interest Rate on Debt % Explanation

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

Siemens AG Effective Interest Rate on Debt % Related Terms

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

Siemens AG (XTER:SIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens AG (XTER:SIE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SMAWF:USA SIEGY:USA SIE:Mexico SIE:Italy SIEMENS:Hungary SIEd:UK 0P6M:UK SIE:Austria

Address

Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333

Website

https://www.siemens.com

Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

Executives

Martina Merz	Supervisory Board
Bettina Haller	Supervisory Board
Christian Pfeiffer	Supervisory Board
Matthias Rebellius	Board of Directors
Judith Wiese	Board of Directors
Dr. Nathalie Von Siemens	Supervisory Board

Siemens AG (XTER:SIE) Headlines

No Headlines