SolidX AB (FRA:6OK) Effective Interest Rate on Debt %: 11.90% (As of Apr. 2026)

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FRA:6OK SolidX AB FRA:6OK
85 GF Score
Price €0.17
GF Value €0.20
! 3 Warning Signs
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What is SolidX AB Effective Interest Rate on Debt %?

SolidX AB FRA:6OK 85 Effective Interest Rate on Debt % is 11.90% as of Apr. 2026. GuruFocus rates FRA:6OK with a GF Score™ of 85/100 and a GF Value™ of €0.20. The stock has 3 warning signs investors should review.

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. SolidX AB's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was €0.12 Mil. SolidX AB's average total debt for the quarter that ended in Apr. 2026 was €1.01 Mil. Therefore, SolidX AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 11.90%.


SolidX AB  (FRA:6OK) Effective Interest Rate on Debt % Explanation

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


SolidX AB Effective Interest Rate on Debt % Related Terms


SolidX AB Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for SolidX 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.

SolidX AB Effective Interest Rate on Debt % Chart

SolidX AB Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.30 3.57 6.27 20.69 9.51

SolidX AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 16.24 7.56 10.63 15.10 11.90

FRA:6OK vs IBM, ACN, FISV: Effective Interest Rate on Debt % Comparison

For the Information Technology Services subindustry, SolidX 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.


SolidX AB Effective Interest Rate on Debt % vs Software Industry

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

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


FRA:6OK
85GF Score
SolidX AB FRA:6OK
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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SolidX AB Effective Interest Rate on Debt % Calculation

SolidX AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2025 )+Total Debt  (A: Apr. 2026 ))/ count )
=-1  *  -0.099/( (1.235+0.846)/ 2 )
=-1  *  -0.099/1.0405
=9.51 %

where

Total Debt  (A: Apr. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.34 + 0.895
=1.235

Total Debt  (A: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.404 + 0.442
=0.846

SolidX AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2026 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -0.12/( (1.17+0.846)/ 2 )
=-1  *  -0.12/1.008
=11.90 %

where

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.497 + 0.673
=1.17

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.404 + 0.442
=0.846

* 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 (Apr. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 11.90% mean?
SolidX AB (FRA:6OK) has a Effective Interest Rate on Debt % of 11.90% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SolidX AB and its competitors.
Is SolidX AB's Effective Interest Rate on Debt % too high?
SolidX AB's current Effective Interest Rate on Debt % is 11.90%. Overall, SolidX AB has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does SolidX AB's Effective Interest Rate on Debt % compare to IBM and ACN?
SolidX AB's Effective Interest Rate on Debt % of 11.90% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Software company?
A good Effective Interest Rate on Debt % depends on the Software industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SolidX AB and its competitors. SolidX AB's current Effective Interest Rate on Debt % is 11.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolidX AB stock overvalued right now?
SolidX AB (FRA:6OK) has a current Effective Interest Rate on Debt % of 11.90%. The stock's GF Value™ is €0.20, compared to a current price of €0.17 — trading 13% below its estimated fair value. The current Effective Interest Rate on Debt % is 11.90%. SolidX AB's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For SolidX AB (FRA:6OK), the current Effective Interest Rate on Debt % is 11.90% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SolidX AB (FRA:6OK) Overvalued in 2026?

Based on GuruFocus' analysis, SolidX AB stock appears to be undervalued. The current stock price of €0.17 is trading 13% below its estimated GF Value™ of €0.20.

Key valuation signals for FRA:6OK:

  • Effective Interest Rate on Debt %: 11.90%
  • GF Value™: €0.20 vs. price of €0.17 (13% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the FRA:6OK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SolidX AB Business Description

Other Exchanges SOLIDX:Sweden
Address Sodergatan 13, Malmo, SWE, 211 34
SolidX AB is an IT consulting company that provides expertise and resources in IT and digitalization for both private and public sectors. The company specializes in strengthening customer organizations by offering consultants for projects and day-to-day operations. The company is also known for its focus on consultants, aiming to be an employer by offering flexible working conditions, competence development, and competitive compensation.
85GF Score

Get the complete analysis for FRA:6OK

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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