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Pfeiffer Vacuum Technology AG (WBO:PFV) Effective Interest Rate on Debt % : 6.69% (As of Sep. 2023)


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What is Pfeiffer Vacuum Technology 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. Pfeiffer Vacuum Technology AG's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was €8.2 Mil. Pfeiffer Vacuum Technology AG's average total debt for the quarter that ended in Sep. 2023 was €122.6 Mil. Therefore, Pfeiffer Vacuum Technology AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 6.69%.


Pfeiffer Vacuum Technology AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Pfeiffer Vacuum Technology 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.

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Pfeiffer Vacuum Technology AG Effective Interest Rate on Debt % Chart

Pfeiffer Vacuum Technology AG 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 1.21 1.27 1.23 1.85 1.81

Pfeiffer Vacuum Technology AG 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 2.07 2.63 3.33 3.89 6.69

Competitive Comparison of Pfeiffer Vacuum Technology AG's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology 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.


Pfeiffer Vacuum Technology AG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Pfeiffer Vacuum Technology AG Effective Interest Rate on Debt % Calculation

Pfeiffer Vacuum Technology AG'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  *  -0.854/( (18.155+76.033)/ 2 )
=-1  *  -0.854/47.094
=1.81 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.876 + 4.279
=18.155

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.858 + 68.175
=76.033

Pfeiffer Vacuum Technology AG'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  *  -8.204/( (113.485+131.721)/ 2 )
=-1  *  -8.204/122.603
=6.69 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.596 + 100.889
=113.485

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=126.812 + 4.909
=131.721

* 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.


Pfeiffer Vacuum Technology AG  (WBO:PFV) Effective Interest Rate on Debt % Explanation

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


Pfeiffer Vacuum Technology AG Effective Interest Rate on Debt % Related Terms

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Pfeiffer Vacuum Technology AG (WBO:PFV) Business Description

Traded in Other Exchanges
Address
Berliner Strasse 43, Asslar, HE, DEU, 35614
Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

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