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Affinity Education Group (FRA:A0J) Effective Interest Rate on Debt % : 9.17% (As of Jun. 2015)


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What is Affinity Education Group 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. Affinity Education Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was €1.8 Mil. Affinity Education Group's average total debt for the quarter that ended in Jun. 2015 was €19.4 Mil. Therefore, Affinity Education Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was 9.17%.


Affinity Education Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Affinity Education Group'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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Affinity Education Group Effective Interest Rate on Debt % Chart

Affinity Education Group Annual Data
Trend Dec14
Effective Interest Rate on Debt %
3.56

Affinity Education Group Semi-Annual Data
Jun14 Dec14 Jun15
Effective Interest Rate on Debt % 61.86 10.09 9.17

Competitive Comparison of Affinity Education Group's Effective Interest Rate on Debt %

For the Personal Services subindustry, Affinity Education Group'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.


Affinity Education Group's Effective Interest Rate on Debt % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Affinity Education Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Affinity Education Group's Effective Interest Rate on Debt % falls into.



Affinity Education Group Effective Interest Rate on Debt % Calculation

Affinity Education Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Affinity Education Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2014 )+Total Debt  (Q: Jun. 2015 ))/ count )
=-1  *  -1.78/( (15.215+23.594)/ 2 )
=-1  *  -1.78/19.4045
=9.17 %

where

Total Debt  (Q: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.759 + 0.456
=15.215

Total Debt  (Q: Jun. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.321 + 0.273
=23.594

* 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 (Jun. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Affinity Education Group  (FRA:A0J) Effective Interest Rate on Debt % Explanation

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


Affinity Education Group Effective Interest Rate on Debt % Related Terms

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Affinity Education Group (FRA:A0J) Business Description

Traded in Other Exchanges
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Address
Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

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