GK Software SE (XTER:GKS) Effective Interest Rate on Debt % : 8.59% (As of Jun. 2023)

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What is GK Software SE 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. GK Software SE's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €2.0 Mil. GK Software SE's average total debt for the quarter that ended in Jun. 2023 was €23.7 Mil. Therefore, GK Software SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 8.59%.

GK Software SE Effective Interest Rate on Debt % Historical Data

The historical data trend for GK Software SE'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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GK Software SE Effective Interest Rate on Debt % Chart

GK Software SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.85

4.31

0.49

1.15

4.69

GK Software SE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-9.34	2.66	3.34	8.59	-

Competitive Comparison of GK Software SE's Effective Interest Rate on Debt %

For the Software - Application subindustry, GK Software SE'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.

GK Software SE's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, GK Software SE's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where GK Software SE's Effective Interest Rate on Debt % falls into.

GK Software SE Effective Interest Rate on Debt % Calculation

GK Software SE'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 * -1.051	/	( (24.749	+	20.116)	/ 2 )
=	-1 * -1.051	/	22.4325
=	4.69 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.117	+	5.632
=	24.749

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.761	+	5.355
=	20.116

GK Software SE'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: Mar. 2023 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -2.036	/	( (24.641	+	22.756)	/ 2 )
=	-1 * -2.036	/	23.6985
=	8.59 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.898	+	5.743
=	24.641

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.063	+	5.693
=	22.756

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

GK Software SE (XTER:GKS) Effective Interest Rate on Debt % Explanation

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

GK Software SE Effective Interest Rate on Debt % Related Terms

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GK Software SE (XTER:GKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GK Software SE (XTER:GKS) » Definitions » Effective Interest Rate on Debt %

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GKS:Germany

Address

Waldstrasse 7, Schoneck, SN, DEU, D-08261

Website

https://www.gk-software.com

GK Software SE provides standard software for the retail sector. Its products include SAP Store Solutions by GK, GK-in-the-Cloud, Mobile Customer Experience, and many more. Its geographical segments include EMEA; Americas and Other business activities. The company generates maximum revenue from the EMEA segment.

Executives

André Hergert	Board of Directors
Rainer Gläß	Board of Directors
Herbert Zinn	Supervisory Board

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