Xeros Technology Group (FRA:2X40) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2024)

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What is Xeros Technology 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. Xeros Technology Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €0.00 Mil. Xeros Technology Group's average total debt for the quarter that ended in Dec. 2024 was €0.74 Mil. Therefore, Xeros Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.00%.

Xeros Technology Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Xeros Technology 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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Xeros Technology Group Effective Interest Rate on Debt % Chart

Xeros Technology Group Annual Data

Trend

Jul14

Jul15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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1.73

18.60

8.45

5.22

Xeros Technology Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.96	5.55	5.28	4.79	-

Competitive Comparison of Xeros Technology Group's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Xeros Technology 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.

Xeros Technology Group's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

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Xeros Technology Group Effective Interest Rate on Debt % Calculation

Xeros Technology Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * 0	/	( (0.94	+	0.674)	/ 2 )
=	-1 * 0	/	0.807
=	0.00 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.844	+	0.096
=	0.94

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.674	+	0
=	0.674

Xeros Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * 0	/	( (0.813	+	0.674)	/ 2 )
=	-1 * 0	/	0.7435
=	0.00 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.807	+	0.006
=	0.813

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.674	+	0
=	0.674

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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Xeros Technology Group (FRA:2X40) Effective Interest Rate on Debt % Explanation

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

Xeros Technology Group Effective Interest Rate on Debt % Related Terms

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Xeros Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xeros Technology Group PLC (FRA:2X40) » Definitions » Effective Interest Rate on Debt %

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XSG:UK

Address

Unit 2, Evolution, Advanced Manufacturing Park, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL

Website

https://www.xerostech.com

Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

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