Bechtle AG (Bechtle AG) Effective Interest Rate on Debt % : 2.50% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Bechtle 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. Bechtle AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $20 Mil. Bechtle AG's average total debt for the quarter that ended in Dec. 2023 was $800 Mil. Therefore, Bechtle AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.50%.

Bechtle AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Bechtle 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.

Bechtle AG Effective Interest Rate on Debt % Chart

Bechtle AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.09

2.18

1.22

1.23

2.41

Bechtle 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															1.33	1.87	-	-	2.50

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

For the Information Technology Services subindustry, Bechtle 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.

Bechtle AG's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Bechtle AG Effective Interest Rate on Debt % Calculation

Bechtle AG'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 * -16.313	/	( (554.184	+	800.48)	/ 2 )
=	-1 * -16.313	/	677.332
=	2.41 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	381.722	+	172.462
=	554.184

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	720.231	+	80.249
=	800.48

Bechtle 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 * -20.012	/	( (0	+	800.48)	/ 1 )
=	-1 * -20.012	/	800.48
=	2.50 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	720.231	+	80.249
=	800.48

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.

Bechtle AG (OTCPK:BECTY) Effective Interest Rate on Debt % Explanation

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

Bechtle AG Effective Interest Rate on Debt % Related Terms

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

Bechtle AG (Bechtle AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bechtle AG (OTCPK:BECTY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BHTLF:USA 0DPM:UK BC8:Germany BC8:Austria

Address

Bechtle Platz 1, Neckarsulm, BW, DEU, 74172

Website

https://www.bechtle.com

Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.

Bechtle AG (Bechtle AG) Headlines

From GuruFocus

Invesco EQV European Equity Fund's 3rd-Quarter Commentary

By Sydnee Gatewood • 10-18-2022