Animalcare Group (STU:WQ7) Effective Interest Rate on Debt % : 41.64% (As of Jun. 2024)

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What is Animalcare Group 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. Animalcare Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €2.48 Mil. Animalcare Group's average total debt for the quarter that ended in Jun. 2024 was €5.97 Mil. Therefore, Animalcare Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 41.64%.

Animalcare Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Animalcare Group'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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Animalcare Group Effective Interest Rate on Debt % Chart

Animalcare Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.30

2.32

3.12

5.01

8.72

Animalcare Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.32	-2.08	11.51	2.37	41.64

Competitive Comparison of Animalcare Group's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Animalcare Group'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.

Animalcare Group's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Animalcare Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Animalcare Group Effective Interest Rate on Debt % Calculation

Animalcare Group'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 * -0.871	/	( (13.151	+	6.821)	/ 2 )
=	-1 * -0.871	/	9.986
=	8.72 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.171	+	0.98
=	13.151

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.76	+	1.061
=	6.821

Animalcare Group'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 * -2.484	/	( (6.821	+	5.11)	/ 2 )
=	-1 * -2.484	/	5.9655
=	41.64 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.76	+	1.061
=	6.821

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.065	+	1.045
=	5.11

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.

Animalcare Group (STU:WQ7) Effective Interest Rate on Debt % Explanation

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

Animalcare Group Effective Interest Rate on Debt % Related Terms

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Animalcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Animalcare Group PLC (STU:WQ7) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

ANCR.GB:UK ANCR:UK

Address

Monks Cross Drive, Moorside, York, GBR, YO32 9LB

Website

https://www.animalcaregroup.com

Animalcare Group PLC is active in the healthcare division in the United Kingdom. It is a generic veterinary medicines company. The company mainly caters to veterinary professionals in the treatment of companion animals through a product line comprised of licensed veterinary medicines and companion animal identification products and services. Its only reportable segment is Pharmaceutical which includes the development and marketing of innovative pharmaceutical products. The company has a presence in Belgium, The Netherlands, Germany, Italy, Portugal, the European Union - Other, Asia, Middle East Africa, Spain, the United Kingdom, and Other Countries of which Spain derives the majority of the revenue to the company.

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