GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Predict SpA (MIL:PRE) » Definitions » Effective Interest Rate on Debt %

Predict SpA (MIL:PRE) Effective Interest Rate on Debt % : 9.19% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Predict SpA 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. Predict SpA's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €0.05 Mil. Predict SpA's average total debt for the quarter that ended in Jun. 2024 was €0.59 Mil. Therefore, Predict SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 9.19%.

Predict SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Predict SpA'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.

Predict SpA Effective Interest Rate on Debt % Chart

Predict SpA Annual Data
Trend Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
2.11 8.19 11.03

Predict SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24
Effective Interest Rate on Debt % - - 9.19 3.97

Competitive Comparison of Predict SpA's Effective Interest Rate on Debt %

For the Medical Devices subindustry, Predict SpA'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.

Predict SpA's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Predict SpA's Effective Interest Rate on Debt % distribution charts can be found below:

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


;
;

Predict SpA Effective Interest Rate on Debt % Calculation

Predict SpA'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  *  -0.041/( (0.665+0.336)/ 2 )
=-1  *  -0.041/0.5005
=8.19 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.214 + 0.451
=0.665

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.017 + 0.319
=0.336

Predict SpA'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: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -0.054/( (0.336+0.839)/ 2 )
=-1  *  -0.054/0.5875
=9.19 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.017 + 0.319
=0.336

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.839 + 0
=0.839

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

Predict SpA  (MIL:PRE) Effective Interest Rate on Debt % Explanation

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

Predict SpA Effective Interest Rate on Debt % Related Terms

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

Predict SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Predict SpA (MIL:PRE) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
MIL:IMD ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA STE ZBH PODD XSWX:SOON SHSE:688271 TSE:7733 PEN TSE:6869 LSE:SN. ASX:COH
Traded in Other Exchanges
N/A
Address
c/o Fiera del Levante Pad. 105, Viale Adriatico, Bari, ITA, 70132
Website
https://www.predictcare.it
Predict SpA develops innovative healthcare technologies, such as Optip and Mistral, and sells medical diagnostic imaging systems. Its products include Versana Active GE, Optic probe, Versana Balance GE, Voluson S-series, and Vivid T8.