Stroeer SE KGaA (Stroeer SE KGaA) Effective Interest Rate on Debt % : 2.46% (As of Mar. 2024)

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What is Stroeer SE KGaA 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. Stroeer SE KGaA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $34 Mil. Stroeer SE KGaA's average total debt for the quarter that ended in Mar. 2024 was $1,362 Mil. Therefore, Stroeer SE KGaA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.46%.

Stroeer SE KGaA Effective Interest Rate on Debt % Historical Data

The historical data trend for Stroeer SE KGaA'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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Stroeer SE KGaA Effective Interest Rate on Debt % Chart

Stroeer SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.94

1.74

1.68

1.84

4.15

Stroeer SE KGaA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															1.74	-	-	10.86	2.46

Competitive Comparison of Stroeer SE KGaA's Effective Interest Rate on Debt %

For the Advertising Agencies subindustry, Stroeer SE KGaA'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.

Stroeer SE KGaA's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stroeer SE KGaA's Effective Interest Rate on Debt % distribution charts can be found below:

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

Stroeer SE KGaA Effective Interest Rate on Debt % Calculation

Stroeer SE KGaA'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 * -72.779	/	( (1720.551	+	1786.387)	/ 2 )
=	-1 * -72.779	/	1753.469
=	4.15 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1537.557	+	182.994
=	1720.551

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1442.519	+	343.868
=	1786.387

Stroeer SE KGaA'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 * -33.512	/	( (1786.387	+	938.516)	/ 2 )
=	-1 * -33.512	/	1362.4515
=	2.46 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1442.519	+	343.868
=	1786.387

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	766.041	+	172.475
=	938.516

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.

Stroeer SE KGaA (GREY:SOTDY) Effective Interest Rate on Debt % Explanation

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

Stroeer SE KGaA Effective Interest Rate on Debt % Related Terms

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Stroeer SE KGaA (Stroeer SE KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stroeer SE & Co KGaA (GREY:SOTDY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

0MYZ:UK SAX:Germany

Address

Stroer-Allee 1, Cologne, NW, DEU, 50999

Website

https://www.stroeer.com

Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.