Creditshelf AG (FRA:CSQ) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)

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What is Creditshelf 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. Creditshelf AG's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was €0.00 Mil. Creditshelf AG's average total debt for the quarter that ended in Sep. 2023 was €0.00 Mil. Therefore, Creditshelf AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was N/A%.

Creditshelf AG Effective Interest Rate on Debt % Historical Data

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

Creditshelf AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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24.40

21.33

19.93

0.24

0.12

Creditshelf AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Credit Services subindustry, Creditshelf 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.

Creditshelf AG's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditshelf AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Creditshelf AG Effective Interest Rate on Debt % Calculation

Creditshelf 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 * -0.003	/	( (2.423	+	2.614)	/ 2 )
=	-1 * -0.003	/	2.5185
=	0.12 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.348	+	0.075
=	2.423

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.55	+	0.064
=	2.614

Creditshelf AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

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

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

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

Creditshelf AG (FRA:CSQ) Effective Interest Rate on Debt % Explanation

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

Creditshelf AG Effective Interest Rate on Debt % Related Terms

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Creditshelf AG (FRA:CSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Creditshelf AG (FRA:CSQ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CSQ:Germany

Address

Mainzer Landstrasse 33a, Frankfurt, DEU, 60329

Website

https://www.creditshelf.com

Creditshelf AG is the platform for digital SME finance in Germany. It arranges flexible financial solutions that are not tied to specific banks for small and medium-sized enterprises via its online platform, www.creditshelf.com. The company has successfully developed an online credit marketplace platform whose processes are supported by the proprietary, data-driven risk analysis software. The creditshelf platform models the entire credit process, from the loan application through credit analysis and risk management down to loan disbursement and loan servicing. The product offering, which is targeted at German SMEs and growth companies, comprises corporate loans. The business generates revenue from Borrower fees, Investor fees and Servicing and advisory fees.

Creditshelf AG (FRA:CSQ) Headlines

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