STSGF (STS Group AG) Effective Interest Rate on Debt % : 11.05% (As of Jun. 2024)

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What is STS 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. STS Group AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $7.1 Mil. STS Group AG's average total debt for the quarter that ended in Jun. 2024 was $64.3 Mil. Therefore, STS Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 11.05%.

STS Group AG Effective Interest Rate on Debt % Historical Data

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

STS Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.66

4.65

6.03

6.56

13.35

STS Group AG Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												6.78	5.63	12.07	18.56	11.05

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

For the Auto Parts subindustry, STS 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.

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

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

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

STS Group AG Effective Interest Rate on Debt % Calculation

STS Group 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 * -7.088	/	( (42.055	+	64.122)	/ 2 )
=	-1 * -7.088	/	53.0885
=	13.35 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.432	+	23.623
=	42.055

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.312	+	21.81
=	64.122

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -7.104	/	( (64.122	+	64.478)	/ 2 )
=	-1 * -7.104	/	64.3
=	11.05 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.312	+	21.81
=	64.122

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.842	+	21.636
=	64.478

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

STS Group AG (OTCPK:STSGF) Effective Interest Rate on Debt % Explanation

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

STS Group AG Effective Interest Rate on Debt % Related Terms

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STS Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » STS Group AG (OTCPK:STSGF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SF3:Germany

Address

Kabeler Strasse 4, Hagen, NW, DEU, 58099

Website

https://www.sts.group

STS Group AG is engaged in the manufacturing of auto parts. The company's reportable segments are the Plastics segment which includes the manufacturing of hard trim applications for STS Group customers. Materials segment which involves the production of semi-finished goods, namely sheet molding compound mats, bulk molding compound, and a molding compound, and the China segment which is involved in the production of plastic parts, mainly for commercial vehicles, on the regional market in China. It generates a majority of its revenue from the plastics segment.

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