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DF Deutsche Forfait AG (FRA:DFTK) Effective Interest Rate on Debt % : 5.03% (As of Dec. 2023)


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What is DF Deutsche Forfait 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. DF Deutsche Forfait AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.81 Mil. DF Deutsche Forfait AG's average total debt for the quarter that ended in Dec. 2023 was €16.12 Mil. Therefore, DF Deutsche Forfait AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.03%.


DF Deutsche Forfait AG Effective Interest Rate on Debt % Historical Data

The historical data trend for DF Deutsche Forfait 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.

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DF Deutsche Forfait AG Effective Interest Rate on Debt % Chart

DF Deutsche Forfait 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 Premium Member Only Premium Member Only 0.31 0.59 0.84 2.45 4.82

DF Deutsche Forfait AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.14 1.50 3.43 4.66 5.03

Competitive Comparison of DF Deutsche Forfait AG's Effective Interest Rate on Debt %

For the Capital Markets subindustry, DF Deutsche Forfait 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.


DF Deutsche Forfait AG's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DF Deutsche Forfait AG's Effective Interest Rate on Debt % distribution charts can be found below:

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



DF Deutsche Forfait AG Effective Interest Rate on Debt % Calculation

DF Deutsche Forfait 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  *  -0.782/( (16.278+16.171)/ 2 )
=-1  *  -0.782/16.2245
=4.82 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.133 + 0.145
=16.278

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.018 + 0.153
=16.171

DF Deutsche Forfait 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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.81/( (16.061+16.171)/ 2 )
=-1  *  -0.81/16.116
=5.03 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.061 + 0
=16.061

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.018 + 0.153
=16.171

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


DF Deutsche Forfait AG  (FRA:DFTK) Effective Interest Rate on Debt % Explanation

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


DF Deutsche Forfait AG Effective Interest Rate on Debt % Related Terms

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DF Deutsche Forfait AG (FRA:DFTK) Business Description

Traded in Other Exchanges
Address
Hirtenweg 14, Grunwald, DEU, 82031
DF Deutsche Forfait AG is engaged in the provision of financial services. Its products include financing solutions, foreign trade receivables, and trade finance funds. The company focuses on the purchase of receivables from imports and exports and provides the hedging of merchandise deliveries in emerging and developing countries. It supports exporters and importers by purchasing foreign trade receivables, providing liquidity and taking over the payment risks. For banks, it operates as a partner for financing solutions, such as structured, abstract payment obligations, and buys and sells assets. Its geographic focus is on the Near and Middle East.

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