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Gigaset AG (FRA:GGSN) Effective Interest Rate on Debt % : 20.91% (As of Jun. 2023)


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What is Gigaset 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. Gigaset AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €3.57 Mil. Gigaset AG's average total debt for the quarter that ended in Jun. 2023 was €17.07 Mil. Therefore, Gigaset AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 20.91%.


Gigaset AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Gigaset 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.

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Gigaset AG Effective Interest Rate on Debt % Chart

Gigaset AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 35.51 33.87 77.90 104.39

Gigaset AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 102.46 60.89 301.99 29.11 20.91

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

For the Communication Equipment subindustry, Gigaset 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.


Gigaset AG's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gigaset AG's Effective Interest Rate on Debt % distribution charts can be found below:

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



Gigaset AG Effective Interest Rate on Debt % Calculation

Gigaset AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -2.805/( (3.102+2.272)/ 2 )
=-1  *  -2.805/2.687
=104.39 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.561 + 1.541
=3.102

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.971 + 1.301
=2.272

Gigaset AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -3.568/( (20.184+13.949)/ 2 )
=-1  *  -3.568/17.0665
=20.91 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.775 + 10.409
=20.184

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.43 + 8.519
=13.949

* 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 four times the quarterly (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Gigaset AG  (FRA:GGSN) Effective Interest Rate on Debt % Explanation

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


Gigaset AG Effective Interest Rate on Debt % Related Terms

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Gigaset AG (FRA:GGSN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gigaset AG (FRA:GGSN) » Definitions » Effective Interest Rate on Debt %
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Address
Frankenstrasse 2, Bochalt, DEU, 46395
Gigaset AG manufactures and sells telecommunication equipment. Its business segments include Phones, Professional, Smart homes, and Smartphones. Phones segment generates the majority of the revenue. Its geographic segments include Germany, the European Union, and the Rest of the world.

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