EUROKAI GmbH KGaA (FRA:EUK3) Effective Interest Rate on Debt % : 113.29% (As of Dec. 2023)

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What is EUROKAI GmbH KGaA 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. EUROKAI GmbH KGaA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €14.2 Mil. EUROKAI GmbH KGaA's average total debt for the quarter that ended in Dec. 2023 was €12.5 Mil. Therefore, EUROKAI GmbH KGaA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 113.29%.

EUROKAI GmbH KGaA Effective Interest Rate on Debt % Historical Data

The historical data trend for EUROKAI GmbH KGaA'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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EUROKAI GmbH KGaA Effective Interest Rate on Debt % Chart

EUROKAI GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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12.19

3.85

7.62

92.60

EUROKAI GmbH KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.92	3.89	58.62	78.03	113.29

Competitive Comparison of EUROKAI GmbH KGaA's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, EUROKAI GmbH KGaA'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.

EUROKAI GmbH KGaA's Effective Interest Rate on Debt % Distribution in the Transportation Industry

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

* The bar in red indicates where EUROKAI GmbH KGaA's Effective Interest Rate on Debt % falls into.

EUROKAI GmbH KGaA Effective Interest Rate on Debt % Calculation

EUROKAI GmbH KGaA'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 * -14.03	/	( (17.776	+	12.525)	/ 2 )
=	-1 * -14.03	/	15.1505
=	92.60 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.058	+	4.718
=	17.776

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.874	+	3.651
=	12.525

EUROKAI GmbH KGaA'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -14.19	/	( (0	+	12.525)	/ 1 )
=	-1 * -14.19	/	12.525
=	113.29 %

where

	Total Debt (Q: Jun. 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
=	8.874	+	3.651
=	12.525

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

EUROKAI GmbH KGaA (FRA:EUK3) Effective Interest Rate on Debt % Explanation

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

EUROKAI GmbH KGaA Effective Interest Rate on Debt % Related Terms

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EUROKAI GmbH KGaA (FRA:EUK3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EUROKAI GmbH & Co KGaA (FRA:EUK3) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

EUK3:Germany EUK3:Germany EUK2:Germany

Address

Kurt-Eckelmann-Strasse 1, Hamburg, DEU, 21129

Website

https://www.eurokai.de

EUROKAI GmbH & Co KGaA is a container handling company, which focuses on the European market. It offers container handling services, such as loading and discharging of container vessels, ship clearance, safety, and customer services; container-depot and repair services, including containers management and handling, intermediate storage, repair, servicing, box cleaning, and 24-hour refrigeration, as well as buys and sells new and used containers. The company operates in three segments: Eurokai, Contship, and Eurogate. It operates container terminals at the seaports of La Spezia, Ravenna and Salerno in Italy; Bremerhaven and Wilhelmshaven in Germany; Tangier in Morocco; Limassol in Cyprus; Lisbon in Portugal; and Ust-Luga in Russia.

Executives

Christian Kleinfeldt

Supervisory Board

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