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Heidelberger Druckmaschinen AG (Heidelberger Druckmaschinen AG) Effective Interest Rate on Debt % : 37.84% (As of Dec. 2023)


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What is Heidelberger Druckmaschinen 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. Heidelberger Druckmaschinen AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $44 Mil. Heidelberger Druckmaschinen AG's average total debt for the quarter that ended in Dec. 2023 was $115 Mil. Therefore, Heidelberger Druckmaschinen AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 37.84%.


Heidelberger Druckmaschinen AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Heidelberger Druckmaschinen 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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Heidelberger Druckmaschinen AG Effective Interest Rate on Debt % Chart

Heidelberger Druckmaschinen AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.07 10.91 11.88 14.05 23.72

Heidelberger Druckmaschinen 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 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 21.87 20.83 37.95 44.45 37.84

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

For the Specialty Industrial Machinery subindustry, Heidelberger Druckmaschinen 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.


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

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

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



Heidelberger Druckmaschinen AG Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -28.908/( (140.969+102.784)/ 2 )
=-1  *  -28.908/121.8765
=23.72 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=66.079 + 74.89
=140.969

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=46.039 + 56.745
=102.784

Heidelberger Druckmaschinen 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  *  -43.62/( (115.261+0)/ 1 )
=-1  *  -43.62/115.261
=37.84 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.286 + 78.975
=115.261

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


Heidelberger Druckmaschinen AG  (OTCPK:HBGRF) Effective Interest Rate on Debt % Explanation

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


Heidelberger Druckmaschinen AG Effective Interest Rate on Debt % Related Terms

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Heidelberger Druckmaschinen AG (Heidelberger Druckmaschinen AG) Business Description

Traded in Other Exchanges
Address
Kurfursten-Anlage 52-60, Heidelberg, BW, DEU, 69115
Heidelberger Druckmaschinen AG is a company which develops and manufactures offset printing presses, parts, and accessories for printing presses, printing software, dryer and ink systems and document handling machinery. It organizes its business into three segments namely Print Solutions, Packaging Solutions, and Technology Solutions. The company generates maximum revenue from the Print Solutions segment.