Heliad AG (XTER:A7A) Effective Interest Rate on Debt % : 17.92% (As of Dec. 2023)

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What is Heliad 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. Heliad AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €1.42 Mil. Heliad AG's average total debt for the quarter that ended in Dec. 2023 was €7.93 Mil. Therefore, Heliad AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 17.92%.

Heliad AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Heliad 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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Heliad AG Effective Interest Rate on Debt % Chart

Heliad AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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10.80

2.65

4.89

Heliad AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	4.07	17.92

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

For the Asset Management subindustry, Heliad 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.

Heliad AG's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Heliad AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Heliad AG Effective Interest Rate on Debt % Calculation

Heliad 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 * -0.73	/	( (0	+	14.936)	/ 1 )
=	-1 * -0.73	/	14.936
=	4.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.936	+	0
=	14.936

Heliad AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1.422	/	( (0.933	+	14.936)	/ 2 )
=	-1 * -1.422	/	7.9345
=	17.92 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.933
=	0.933

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.936	+	0
=	14.936

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Heliad AG (XTER:A7A) Effective Interest Rate on Debt % Explanation

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

Heliad AG Effective Interest Rate on Debt % Related Terms

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Heliad AG (XTER:A7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Heliad AG (XTER:A7A) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

A7A:Germany A7A:Germany A7A:Germany

Address

Ulmenstraße 37-39, Frankfurt am Main, DEU, 60325

Website

https://www.heliad.com

Heliad AG is engaged in building and investing in the financial service technologies (fintech) sector. It focuses on developing German fintech start-ups, as well as providing venture capital in the form of long-term participation and ongoing support of the investment. Besides, it also offers venture capital deals, such as seed and follow-on rounds for fintech companies both in Germany and internationally.

Executives

Juan Rodriguez	Board of Directors
Stefan Schütze	Board of Directors

Heliad AG (XTER:A7A) Headlines

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