PolyPeptide Group AG (XSWX:PPGN) Effective Interest Rate on Debt % : 1.73% (As of Dec. 2023)

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What is PolyPeptide 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. PolyPeptide Group AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was CHF1.6 Mil. PolyPeptide Group AG's average total debt for the quarter that ended in Dec. 2023 was CHF91.6 Mil. Therefore, PolyPeptide Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.73%.

PolyPeptide Group AG Effective Interest Rate on Debt % Historical Data

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

PolyPeptide Group AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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8.10

9.06

9.93

10.40

8.28

PolyPeptide Group AG Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					10.58	27.73	-5.29	19.24	1.73

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

For the Drug Manufacturers - Specialty & Generic subindustry, PolyPeptide 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.

PolyPeptide Group AG's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, PolyPeptide Group AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

PolyPeptide Group AG Effective Interest Rate on Debt % Calculation

PolyPeptide 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 * -5.303	/	( (20.939	+	107.192)	/ 2 )
=	-1 * -5.303	/	64.0655
=	8.28 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.42	+	3.519
=	20.939

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	64.088	+	43.104
=	107.192

PolyPeptide Group AG'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 * -1.582	/	( (76.093	+	107.192)	/ 2 )
=	-1 * -1.582	/	91.6425
=	1.73 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.027	+	57.066
=	76.093

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	64.088	+	43.104
=	107.192

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.

PolyPeptide Group AG (XSWX:PPGN) Effective Interest Rate on Debt % Explanation

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

PolyPeptide Group AG Effective Interest Rate on Debt % Related Terms

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PolyPeptide Group AG (XSWX:PPGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » PolyPeptide Group AG (XSWX:PPGN) » Definitions » Effective Interest Rate on Debt %

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PPGNz:UK

Address

Neuhofstrasse 24, Baar, Zug, CHE, 6340

Website

https://www.polypeptide.com

PolyPeptide Group AG is an independent contract development and manufacturing organization (CDMO) focused on peptides and oligonucleotides employed as an active pharmaceutical ingredients (APIs) and used as intermediates in therapeutic products. The company derives a majority of its revenue from Europe and Asia.

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