KATEK SE (FRA:KTEK) Effective Interest Rate on Debt % : 15.80% (As of Dec. 2023)

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What is KATEK 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. KATEK SE's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €18.9 Mil. KATEK SE's average total debt for the quarter that ended in Dec. 2023 was €119.6 Mil. Therefore, KATEK SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 15.80%.

KATEK SE Effective Interest Rate on Debt % Historical Data

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

KATEK SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

3.00

2.71

5.51

10.23

KATEK SE Quarterly Data
	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										13.13	9.19	11.77	13.05	15.80

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

For the Electrical Equipment & Parts subindustry, KATEK 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.

KATEK SE's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

KATEK SE Effective Interest Rate on Debt % Calculation

KATEK 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 * -12.989	/	( (111.231	+	142.773)	/ 2 )
=	-1 * -12.989	/	127.002
=	10.23 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.37	+	74.861
=	111.231

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	109.18	+	33.593
=	142.773

KATEK SE'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 * -18.884	/	( (96.33	+	142.773)	/ 2 )
=	-1 * -18.884	/	119.5515
=	15.80 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	78.52	+	17.81
=	96.33

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	109.18	+	33.593
=	142.773

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.

KATEK SE (FRA:KTEK) Effective Interest Rate on Debt % Explanation

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

KATEK SE Effective Interest Rate on Debt % Related Terms

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KATEK SE (FRA:KTEK) Business Description

Industry

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Traded in Other Exchanges

KTEK:Germany

Address

Promenadeplatz 12, Munchen, BY, DEU, 80333

Website

https://www.katek-group.de

KATEK SE is a German electronics service provider. The key revenue streams are automotive, communication, consumer, industry, energy/solar, and medical technology. It has two segments, The Electronics segment comprises the activities of the Group in the development of hardware and software, prototyping, and the manufacture of high-quality electronics for industrial customers. The Systems & Products segment comprises the same value-added activities, but, in contrast to the Electronics segment, it possesses a number of additional features that together create particular value added (high-value electronics). The majority is from the Electronics segment. Geographically, the majority of revenue is from Germany.

Executives

Dr. Johannes Fues

Board of Directors

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