The Naga Group AG (XTER:N4G) Effective Interest Rate on Debt % : 90.57% (As of Jun. 2023)

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What is The Naga 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. The Naga Group AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €1.04 Mil. The Naga Group AG's average total debt for the quarter that ended in Jun. 2023 was €1.15 Mil. Therefore, The Naga Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 90.57%.

The Naga Group AG Effective Interest Rate on Debt % Historical Data

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

The Naga Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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3,220.00

2.80

9.12

59.92

37.30

The Naga Group AG Semi-Annual Data
	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										16.29	85.52	1,383.78	-22.77	90.57

Competitive Comparison of The Naga Group AG's Effective Interest Rate on Debt %

For the Capital Markets subindustry, The Naga 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.

The Naga Group AG's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Naga Group AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

The Naga Group AG Effective Interest Rate on Debt % Calculation

The Naga 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 * -0.39	/	( (0.048	+	2.043)	/ 2 )
=	-1 * -0.39	/	1.0455
=	37.30 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.048
=	0.048

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.043
=	2.043

The Naga 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 * -1.042	/	( (2.043	+	0.258)	/ 2 )
=	-1 * -1.042	/	1.1505
=	90.57 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.043
=	2.043

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.258
=	0.258

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.

The Naga Group AG (XTER:N4G) Effective Interest Rate on Debt % Explanation

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

The Naga Group AG Effective Interest Rate on Debt % Related Terms

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The Naga Group AG (XTER:N4G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Naga Group AG (XTER:N4G) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N4G:Germany N4G:Germany N4G:Germany

Address

Hohe Bleichen 12, Hamburg, DEU, 20354

Website

https://www.naga.com

The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.

Executives

Qiang Liu	Supervisory Board
Harald Patt	Supervisory Board
Benjamin Jakub Bilski	Board of Directors
Michalis Mylonas	Board of Directors
Andreas Luecke	Board of Directors
Hans-jochen Lorenzen	Supervisory Board

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