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Heartland Group Holdings (STU:73X) Effective Interest Rate on Debt % : 14.10% (As of Dec. 2023)


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What is Heartland Group Holdings 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. Heartland Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €206.3 Mil. Heartland Group Holdings's average total debt for the quarter that ended in Dec. 2023 was €1,463.4 Mil. Therefore, Heartland Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 14.10%.


Heartland Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Heartland Group Holdings'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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Heartland Group Holdings Effective Interest Rate on Debt % Chart

Heartland Group Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.72 11.00 6.57 4.39 9.34

Heartland Group Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.62 4.72 8.36 11.70 14.10

Competitive Comparison of Heartland Group Holdings's Effective Interest Rate on Debt %

For the Mortgage Finance subindustry, Heartland Group Holdings'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.


Heartland Group Holdings's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heartland Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Heartland Group Holdings Effective Interest Rate on Debt % Calculation

Heartland Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -139.141/( (1559.309+1421.682)/ 2 )
=-1  *  -139.141/1490.4955
=9.34 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=382.491 + 1176.818
=1559.309

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=273.659 + 1148.023
=1421.682

Heartland Group Holdings'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  *  -206.31/( (1421.682+1505.217)/ 2 )
=-1  *  -206.31/1463.4495
=14.10 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=273.659 + 1148.023
=1421.682

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1410.702 + 94.515
=1505.217

* 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.

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.


Heartland Group Holdings  (STU:73X) Effective Interest Rate on Debt % Explanation

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


Heartland Group Holdings Effective Interest Rate on Debt % Related Terms

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Heartland Group Holdings (STU:73X) Business Description

Traded in Other Exchanges
Address
35 Teed Street, Level 3, Heartland House, Newmarket, Auckland, NZL, 1023
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.

Heartland Group Holdings (STU:73X) Headlines

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