123Fahrschule SE (XTER:123F) Effective Interest Rate on Debt % : 3.36% (As of Dec. 2023)

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What is 123Fahrschule 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. 123Fahrschule SE's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.09 Mil. 123Fahrschule SE's average total debt for the quarter that ended in Dec. 2023 was €2.56 Mil. Therefore, 123Fahrschule SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.36%.

123Fahrschule SE Effective Interest Rate on Debt % Historical Data

The historical data trend for 123Fahrschule 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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123Fahrschule SE Effective Interest Rate on Debt % Chart

123Fahrschule SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

15.15

2.60

2.00

123Fahrschule SE Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	2.15	2.59	0.25	3.36

Competitive Comparison of 123Fahrschule SE's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, 123Fahrschule 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.

123Fahrschule SE's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 123Fahrschule SE's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 123Fahrschule SE's Effective Interest Rate on Debt % falls into.

123Fahrschule SE Effective Interest Rate on Debt % Calculation

123Fahrschule 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 * -0.046	/	( (2.165	+	2.435)	/ 2 )
=	-1 * -0.046	/	2.3
=	2.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.165
=	2.165

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.324	+	0.111
=	2.435

123Fahrschule SE'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 * -0.086	/	( (2.685	+	2.435)	/ 2 )
=	-1 * -0.086	/	2.56
=	3.36 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.685
=	2.685

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.324	+	0.111
=	2.435

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.

123Fahrschule SE (XTER:123F) Effective Interest Rate on Debt % Explanation

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

123Fahrschule SE Effective Interest Rate on Debt % Related Terms

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123Fahrschule SE (XTER:123F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 123Fahrschule SE (XTER:123F) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

123F:Germany

Address

Klopstockstr. 1, Cologne, DEU, 50968

Website

https://www.123fahrschule.de

123Fahrschule SE is a digital driving school chain. It is specialized in the consolidation and digital expansion of the classic driving license training of the German driving school market. The company offers its learner drivers a digital, effective and intelligent application software for administration, e-learning and individual learning status control for driver's license training for all driver's license classes.

Executives

Herr Boris Polenske

Board of Directors

123Fahrschule SE (XTER:123F) Headlines

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