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Marley Spoon SE (Marley Spoon SE) Effective Interest Rate on Debt % : 8.40% (As of Dec. 2023)


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What is Marley Spoon SE 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. Marley Spoon SE's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $9.7 Mil. Marley Spoon SE's average total debt for the quarter that ended in Dec. 2023 was $115.2 Mil. Therefore, Marley Spoon SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.40%.


Marley Spoon SE Effective Interest Rate on Debt % Historical Data

The historical data trend for Marley Spoon SE'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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Marley Spoon SE Effective Interest Rate on Debt % Chart

Marley Spoon SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 18.61 14.47 5.81 9.54 9.80

Marley Spoon SE Semi-Annual Data
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 7.00 8.91 9.14 11.73 8.40

Competitive Comparison of Marley Spoon SE's Effective Interest Rate on Debt %

For the Restaurants subindustry, Marley Spoon SE'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.


Marley Spoon SE's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Marley Spoon SE's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Marley Spoon SE's Effective Interest Rate on Debt % falls into.



Marley Spoon SE Effective Interest Rate on Debt % Calculation

Marley Spoon SE'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  *  -11.335/( (110.458+120.882)/ 2 )
=-1  *  -11.335/115.67
=9.80 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92.943 + 17.515
=110.458

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=104.985 + 15.897
=120.882

Marley Spoon SE'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  *  -9.676/( (109.601+120.882)/ 2 )
=-1  *  -9.676/115.2415
=8.40 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=90.194 + 19.407
=109.601

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=104.985 + 15.897
=120.882

* 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.


Marley Spoon SE  (OTCPK:MLYSF) Effective Interest Rate on Debt % Explanation

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


Marley Spoon SE Effective Interest Rate on Debt % Related Terms

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Marley Spoon SE (Marley Spoon SE) Business Description

Industry
Traded in Other Exchanges
Address
Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999
Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.

Marley Spoon SE (Marley Spoon SE) Headlines

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