Deutz AG (WBO:DEZ) Effective Interest Rate on Debt % : 6.08% (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Deutz AG 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. Deutz AG's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €18 Mil. Deutz AG's average total debt for the quarter that ended in Sep. 2024 was €289 Mil. Therefore, Deutz AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.08%.

Deutz AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Deutz AG'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.

Deutz AG Effective Interest Rate on Debt % Chart

Deutz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.29

3.93

3.76

6.94

Deutz AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.67	8.53	7.48	8.77	6.08

Competitive Comparison of Deutz AG's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Deutz AG'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.

Deutz AG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Deutz AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Deutz AG Effective Interest Rate on Debt % Calculation

Deutz AG'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 * -16.4	/	( (219.1	+	253.5)	/ 2 )
=	-1 * -16.4	/	236.3
=	6.94 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	77.2	+	141.9
=	219.1

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	65.9	+	187.6
=	253.5

Deutz AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -17.6	/	( (236.2	+	342.6)	/ 2 )
=	-1 * -17.6	/	289.4
=	6.08 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	68.3	+	167.9
=	236.2

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	139.1	+	203.5
=	342.6

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

Deutz AG (WBO:DEZ) Effective Interest Rate on Debt % Explanation

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

Deutz AG Effective Interest Rate on Debt % Related Terms

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

Deutz AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Deutz AG (WBO:DEZ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DEUZF:USA 1DEZ:Italy 0E4K:UK DEZ:Germany

Address

Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149

Website

https://www.deutz.com

Deutz AG is engaged in the development, production, and sales of drive solutions for off-road applications. The current portfolio of the company ranges from diesel and gas to hybrid and electric to hydrogen-based drives. DEUTZ engines serve construction and agricultural machinery, material handling applications such as forklifts or lifting platforms, commercial and rail vehicles as well as boat applications for private and commercial use. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the EMEA.

Deutz AG Headlines

No Headlines