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Broedrene Hartmann A/S (STU:CQ5) Effective Interest Rate on Debt % : 6.11% (As of Sep. 2023)


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What is Broedrene Hartmann A/S 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. Broedrene Hartmann A/S's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was €7.3 Mil. Broedrene Hartmann A/S's average total debt for the quarter that ended in Sep. 2023 was €119.5 Mil. Therefore, Broedrene Hartmann A/S's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 6.11%.


Broedrene Hartmann A/S Effective Interest Rate on Debt % Historical Data

The historical data trend for Broedrene Hartmann A/S'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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Broedrene Hartmann A/S Effective Interest Rate on Debt % Chart

Broedrene Hartmann A/S Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 3.25 2.13 2.59 4.22

Broedrene Hartmann A/S Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 4.32 6.16 5.12 5.58 6.11

Competitive Comparison of Broedrene Hartmann A/S's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Broedrene Hartmann A/S'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.


Broedrene Hartmann A/S's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Broedrene Hartmann A/S's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Broedrene Hartmann A/S's Effective Interest Rate on Debt % falls into.



Broedrene Hartmann A/S Effective Interest Rate on Debt % Calculation

Broedrene Hartmann A/S's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -6.143/( (140.637+150.238)/ 2 )
=-1  *  -6.143/145.4375
=4.22 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.607 + 27.03
=140.637

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=122.817 + 27.421
=150.238

Broedrene Hartmann A/S's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -7.296/( (122.603+116.406)/ 2 )
=-1  *  -7.296/119.5045
=6.11 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.434 + 116.169
=122.603

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.007 + 110.399
=116.406

* 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 four times the quarterly (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Broedrene Hartmann A/S  (STU:CQ5) Effective Interest Rate on Debt % Explanation

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


Broedrene Hartmann A/S Effective Interest Rate on Debt % Related Terms

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Broedrene Hartmann A/S (STU:CQ5) Business Description

Traded in Other Exchanges
N/A
Address
Ornegardsvej 18, Gentofte, DNK, DK-2820
Broedrene Hartmann A/S is engaged in the manufacture of moulded-fiber egg packaging, and manufacturer of fruit packaging. The company has two operating segments; the Eurasia segment comprises the production and sales of moulded-fibre packaging. The products are manufactured at factories in Europe, including India and Israel, and are sold to egg and fruit producers, egg and fruit packing businesses, retail chains, and buyers of industrial packaging. It also comprises the production and sales of machinery and technology to manufacturers of moulded-fibre packaging in selected markets, and the Americas segment comprises production and sales of moulded-fibre packaging sold to egg and fruit producers, egg and fruit packing businesses, and retail chains.

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