HGears AG (XTER:HGEA) Effective Interest Rate on Debt % : 11.06% (As of Dec. 2024)

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What is HGears 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. HGears AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €3.00 Mil. HGears AG's average total debt for the quarter that ended in Dec. 2024 was €27.11 Mil. Therefore, HGears AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 11.06%.

HGears AG Effective Interest Rate on Debt % Historical Data

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

HGears AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

4.56

7.00

3.93

7.14

9.88

HGears AG Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					3.73	6.35	7.70	8.83	11.06

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

For the Auto Parts subindustry, HGears 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.

HGears AG's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HGears AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

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HGears AG Effective Interest Rate on Debt % Calculation

HGears AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -2.773	/	( (29.824	+	26.322)	/ 2 )
=	-1 * -2.773	/	28.073
=	9.88 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.227	+	22.597
=	29.824

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.3	+	11.022
=	26.322

HGears AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -2.998	/	( (27.891	+	26.322)	/ 2 )
=	-1 * -2.998	/	27.1065
=	11.06 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.351	+	8.54
=	27.891

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.3	+	11.022
=	26.322

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

HGears AG (XTER:HGEA) Effective Interest Rate on Debt % Explanation

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

HGears AG Effective Interest Rate on Debt % Related Terms

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HGears AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HGears AG (XTER:HGEA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brambach 38, Schramberg, BW, DEU, 78713

Website

https://www.hgears.com

HGears AG is a manufacturer of high-precision gears and components. The company divides its business into three areas: the e-mobility focuses on products for e-bike drive systems and drive train units for electric and hybrid vehicles; the e-Tools focus on components utilized in the powering mechanism of battery-driven (e-drive), the Conventional automotive and industrial applications focus on gear units for various applications, such as rolling shutters and systems for heating, ventilation and air conditioning, motorbikes and non-combustion part precision components for premium and luxury vehicles. The company consists of one operating segment, the production of high-precision gears and components.

Executives

Sven Arend	Board of Directors
Volker Stauch	Supervisory Board
Daniel Basok	Board of Directors
Daniel Kartje	Supervisory Board
Christophe Hemmerle	Supervisory Board
Dr. Gabriele Fontane	Supervisory Board
Mathias Seidler	Supervisory Board
Pierluca Sartorello	Board of Directors

HGears AG Headlines

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