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Fraport AG (XTER:FRA) Effective Interest Rate on Debt % : 181.59% (As of Dec. 2023)


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What is Fraport 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. Fraport AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €341 Mil. Fraport AG's average total debt for the quarter that ended in Dec. 2023 was €188 Mil. Therefore, Fraport AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 181.59%.

Fraport AG Effective Interest Rate on Debt % Historical Data

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

Fraport 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 Premium Member Only Premium Member Only 121.91 67.03 104.03 123.82 145.59

Fraport AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 101.93 125.56 - - 181.59

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

For the Airports & Air Services subindustry, Fraport 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.

Fraport AG's Effective Interest Rate on Debt % Distribution in the Transportation Industry

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

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


Fraport AG Effective Interest Rate on Debt % Calculation

Fraport 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  *  -317.9/( (248.8+187.9)/ 2 )
=-1  *  -317.9/218.35
=145.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=164.5 + 84.3
=248.8

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=132.9 + 55
=187.9

Fraport 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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -341.2/( (0+187.9)/ 1 )
=-1  *  -341.2/187.9
=181.59 %

where

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

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=132.9 + 55
=187.9

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

Fraport AG  (XTER:FRA) Effective Interest Rate on Debt % Explanation

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

Fraport AG Effective Interest Rate on Debt % Related Terms

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Fraport AG (XTER:FRA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fraport AG (XTER:FRA) » Definitions » Effective Interest Rate on Debt %
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XTER:JST XTER:BDT XTER:ZIL2 XTER:ED4 XTER:PWO XTER:PGN XMAD:AENA BKK:AOT SHSE:600009 XPAR:ADP ASURB GAPB KUW:AGLTY HSTC:ACV NZSE:AIA BOM:532754 XSWX:FHZN OCSE:KBHL WBO:FLU JOBY
Traded in Other Exchanges
FPRUY:USA FPRUF:USA 1FRA:Italy FRAd:UK 0O1R:UK FRAS:Germany FRAS:Germany FRA:Germany FRA:Germany FRA:Germany FRA:Austria
Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Website
https://www.fraport.com
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.
Executives
Julia Kranenberg Board of Directors
Anke Giesen Board of Directors
Dr. Pierre Dominique Prümm Board of Directors