Medicover AB (FRA:5M0B) Effective Interest Rate on Debt % : 5.12% (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Medicover AB 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. Medicover AB's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €56 Mil. Medicover AB's average total debt for the quarter that ended in Jun. 2024 was €1,102 Mil. Therefore, Medicover AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 5.12%.

Medicover AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Medicover AB'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.

Medicover AB Effective Interest Rate on Debt % Chart

Medicover AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.87

4.42

3.55

4.05

5.29

Medicover AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.85	5.57	5.86	4.74	5.12

Competitive Comparison of Medicover AB's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Medicover AB'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.

Medicover AB's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medicover AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Medicover AB Effective Interest Rate on Debt % Calculation

Medicover AB'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 * -51.4	/	( (940	+	1003.7)	/ 2 )
=	-1 * -51.4	/	971.85
=	5.29 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	838.1	+	101.9
=	940

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	774.6	+	229.1
=	1003.7

Medicover AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -56.4	/	( (1073.8	+	1129.7)	/ 2 )
=	-1 * -56.4	/	1101.75
=	5.12 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	828.2	+	245.6
=	1073.8

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	888	+	241.7
=	1129.7

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

Medicover AB (FRA:5M0B) Effective Interest Rate on Debt % Explanation

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

Medicover AB Effective Interest Rate on Debt % Related Terms

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

Medicover AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicover AB (FRA:5M0B) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

MCVEF:USA MCOV B:Sweden MCOVBs:UK 0RPS:UK

Address

Riddargatan 12A, P.O. Box 5283, Stockholm, SWE, SE-102 46

Website

https://www.medicover.com

Medicover AB is an international healthcare and diagnostic services, provider. It offers a broad spectrum of healthcare services via an extensive network of ambulatory clinics, hospitals, specialty-care facilities, and laboratories. The company offers its services through two segments; Diagnostic Services offer a broad range of laboratory testing in all clinical pathology areas in Germany, Romania, Poland, and Ukraine, and Healthcare Services offer high-quality care based on an Integrated Healthcare Model and Fee-For-Service in Poland, India, and Romania. It generates maximum revenue from the Healthcare Services segment. Geographically, it derives a majority of its revenue from Poland and also has a presence in Romania; Germany; Ukraine; India, and Other Countries.

Medicover AB Headlines

No Headlines