Godsinlosen Nordic AB (FRA:83H) Effective Interest Rate on Debt % : 11.34% (As of Mar. 2024)

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What is Godsinlosen Nordic 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. Godsinlosen Nordic AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €0.04 Mil. Godsinlosen Nordic AB's average total debt for the quarter that ended in Mar. 2024 was €0.39 Mil. Therefore, Godsinlosen Nordic AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 11.34%.

Godsinlosen Nordic AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Godsinlosen Nordic 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.

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Godsinlosen Nordic AB Effective Interest Rate on Debt % Chart

Godsinlosen Nordic AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

0.27

5.87

10.14

10.13

17.11

Godsinlosen Nordic AB Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												5.19	-	-	6.62	11.34

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

For the Information Technology Services subindustry, Godsinlosen Nordic 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.

Godsinlosen Nordic AB's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Godsinlosen Nordic AB Effective Interest Rate on Debt % Calculation

Godsinlosen Nordic 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 * -0.039	/	( (0.154	+	0.302)	/ 2 )
=	-1 * -0.039	/	0.228
=	17.11 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.154	+	0
=	0.154

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.302	+	0
=	0.302

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.044	/	( (0.302	+	0.474)	/ 2 )
=	-1 * -0.044	/	0.388
=	11.34 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.302	+	0
=	0.302

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.474
=	0.474

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

Godsinlosen Nordic AB (FRA:83H) Effective Interest Rate on Debt % Explanation

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

Godsinlosen Nordic AB Effective Interest Rate on Debt % Related Terms

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Godsinlosen Nordic AB (FRA:83H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Godsinlosen Nordic AB (FRA:83H) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GIAB:Sweden

Address

Handelsvagen 18, Staffanstorp, SWE, 245 22

Website

https://www.giabnordic.se

Godsinlosen Nordic AB is an innovative growth company whose business concept is to optimize product flows according to circular economic principles. The company delivers a complete solution for handling returns and complaints to e-retailers, producers and distributors in a cost-effective and sustainable way, and offers a complete circular claims settlement process to the insurance industry.

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