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Pferdewetten de AG (XTER:EMH1) Effective Interest Rate on Debt % : 14.24% (As of Sep. 2023)


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What is Pferdewetten de 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. Pferdewetten de AG's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was €1.28 Mil. Pferdewetten de AG's average total debt for the quarter that ended in Sep. 2023 was €9.01 Mil. Therefore, Pferdewetten de AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 14.24%.


Pferdewetten de AG Effective Interest Rate on Debt % Historical Data

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

Pferdewetten de 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 - 1.78 1.79 2.07 2.40

Pferdewetten de AG Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 1.13 3.87 - - 14.24

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

For the Gambling subindustry, Pferdewetten de 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.


Pferdewetten de AG's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's Effective Interest Rate on Debt % distribution charts can be found below:

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



Pferdewetten de AG Effective Interest Rate on Debt % Calculation

Pferdewetten de 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  *  -0.028/( (1.198+1.138)/ 2 )
=-1  *  -0.028/1.168
=2.40 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.879 + 0.319
=1.198

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.761 + 0.377
=1.138

Pferdewetten de 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  *  -1.284/( (9.063+8.965)/ 2 )
=-1  *  -1.284/9.014
=14.24 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.868 + 0.195
=9.063

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.868 + 0.097
=8.965

* 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.


Pferdewetten de AG  (XTER:EMH1) Effective Interest Rate on Debt % Explanation

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


Pferdewetten de AG Effective Interest Rate on Debt % Related Terms

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Pferdewetten de AG (XTER:EMH1) Business Description

Traded in Other Exchanges
Address
Schlossstrasse 38, Hamburg, DEU
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.

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