BAVARIA Industries Group AG (XTER:B8A) Effective Interest Rate on Debt % : 6.43% (As of Jun. 2023)

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What is BAVARIA Industries Group 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. BAVARIA Industries Group AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €0.8 Mil. BAVARIA Industries Group AG's average total debt for the quarter that ended in Jun. 2023 was €12.8 Mil. Therefore, BAVARIA Industries Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 6.43%.

BAVARIA Industries Group AG Effective Interest Rate on Debt % Historical Data

The historical data trend for BAVARIA Industries Group 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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BAVARIA Industries Group AG Effective Interest Rate on Debt % Chart

BAVARIA Industries Group AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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6.92

11.49

12.77

6.49

4.93

BAVARIA Industries Group AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.10	8.25	4.90	4.61	6.43

Competitive Comparison of BAVARIA Industries Group AG's Effective Interest Rate on Debt %

For the Asset Management subindustry, BAVARIA Industries Group 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.

BAVARIA Industries Group AG's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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

BAVARIA Industries Group AG Effective Interest Rate on Debt % Calculation

BAVARIA Industries Group 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 * -0.684	/	( (14.355	+	13.393)	/ 2 )
=	-1 * -0.684	/	13.874
=	4.93 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.955	+	4.4
=	14.355

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.802	+	6.591
=	13.393

BAVARIA Industries Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -0.824	/	( (13.393	+	12.255)	/ 2 )
=	-1 * -0.824	/	12.824
=	6.43 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.802	+	6.591
=	13.393

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.255	+	0
=	12.255

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

BAVARIA Industries Group AG (XTER:B8A) Effective Interest Rate on Debt % Explanation

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

BAVARIA Industries Group AG Effective Interest Rate on Debt % Related Terms

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BAVARIA Industries Group AG (XTER:B8A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BAVARIA Industries Group AG (XTER:B8A) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

B8A:Germany B8A:Germany

Address

Bavariaring 24, Munich, DEU, 80336

Website

http://www.baikap.de

BAVARIA Industries Group AG is a Germany-based holding company that acquires underperforming companies and boosts their performance through active management. The company's portfolio comprises companies from the areas of serial production and automotive, plant engineering and construction, and business services. It pursues three objectives, cutting costs, developing new sources of turnover and protecting jobs wherever possible. It relies on the initiative of the investee company's workforce to boost innovation and avoid all forms of waste, such as reject rates or unnecessary downtime during production.

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