HanseYachts AG (FRA:H9Y) Effective Interest Rate on Debt % : 1,174.22% (As of Dec. 2023)

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What is HanseYachts 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. HanseYachts AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €268 Mil. HanseYachts AG's average total debt for the quarter that ended in Dec. 2023 was €23 Mil. Therefore, HanseYachts AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1,174.22%.

HanseYachts AG Effective Interest Rate on Debt % Historical Data

The historical data trend for HanseYachts 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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HanseYachts AG Effective Interest Rate on Debt % Chart

HanseYachts AG Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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4.98

5.74

4.43

2.75

3.73

HanseYachts 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															467.63	-	559.34	-	1,174.22

Competitive Comparison of HanseYachts AG's Effective Interest Rate on Debt %

For the Recreational Vehicles subindustry, HanseYachts 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.

HanseYachts AG's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HanseYachts AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

HanseYachts AG Effective Interest Rate on Debt % Calculation

HanseYachts AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -1.399	/	( (32.648	+	42.266)	/ 2 )
=	-1 * -1.399	/	37.457
=	3.73 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.753	+	24.895
=	32.648

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.373	+	23.893
=	42.266

HanseYachts 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 * -267.864	/	( (42.266	+	3.358)	/ 2 )
=	-1 * -267.864	/	22.812
=	1,174.22 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.373	+	23.893
=	42.266

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.621	+	0.737
=	3.358

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.

HanseYachts AG (FRA:H9Y) Effective Interest Rate on Debt % Explanation

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

HanseYachts AG Effective Interest Rate on Debt % Related Terms

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HanseYachts AG (FRA:H9Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HanseYachts AG (FRA:H9Y) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

H9Y:Germany

Address

Ladebower Chaussee 11, Greifswald, MV, DEU, 17493

Website

https://www.hanseyachtsag.com

HanseYachts AG is the manufacturer of seagoing sailing and motor yachts. The company's business segments include Sailing Yachts; Motor Yachts; Catamarans and others. The Sailing Yachts segment engages in the production and selling of sailing yachts. It offers cruising yachts under the HANSE brand, elegant deck salons or classically designed cruisers under the Moody brand, sporty cruiser racers under the delher brand, and the VA brand. The Motor Yachts segment manufactures motor yachts under brands such as Fjord and Sealine. It generates maximum revenue from the Sailing Yachts segment. Geographically, it operates in Germany, the United States, France, Turkey, the Netherlands, the United Kingdom, Other Europe and others.

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