DocCheck AG (XTER:AJ91) Effective Interest Rate on Debt % : 3.03% (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is DocCheck 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. DocCheck AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €0.19 Mil. DocCheck AG's average total debt for the quarter that ended in Jun. 2023 was €6.41 Mil. Therefore, DocCheck AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 3.03%.

DocCheck AG Effective Interest Rate on Debt % Historical Data

The historical data trend for DocCheck 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.

* Premium members only.

DocCheck AG Effective Interest Rate on Debt % Chart

DocCheck AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

390.65

21.67

9.66

5.65

17.16

DocCheck AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.59	5.66	26.39	7.94	3.03

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

For the Health Information Services subindustry, DocCheck 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.

DocCheck AG's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DocCheck AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

DocCheck AG Effective Interest Rate on Debt % Calculation

DocCheck 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 * -1.21	/	( (7.032	+	7.074)	/ 2 )
=	-1 * -1.21	/	7.053
=	17.16 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.197	+	0.835
=	7.032

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.161	+	0.913
=	7.074

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -0.194	/	( (7.074	+	5.736)	/ 2 )
=	-1 * -0.194	/	6.405
=	3.03 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.161	+	0.913
=	7.074

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.736	+	0
=	5.736

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

DocCheck AG (XTER:AJ91) Effective Interest Rate on Debt % Explanation

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

DocCheck AG Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of DocCheck AG's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

DocCheck AG (XTER:AJ91) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » DocCheck AG (XTER:AJ91) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AJ91:Germany

Address

Doccheck AG, Vogelsanger Strac E 66, Koln, DEU, 50823

Website

http://www.doccheck.ag/investor

DocCheck AG is a Germany-based company engaged in the healthcare sector. It operates through subsidiaries: antwerpes AG develops integrated communication concepts for the healthcare sector, including social media and digital communication with focus on e-marketing concepts, search engine optimization (SEO), search engine advertising (SEA) and search engine marketing (SEM); DocCheck Medical Services GmbH operates an online platform for healthcare professionals, such as physicians and pharmacists; DocCheck Medizinbedarf und Logistik GmbH wholesales medical products from third parties and also produces own medical products, and DocCheck Guano AG is a venture capital company with focus on e-health companies and promotes healthcare startups.

Executives

Dr. Frank Antwerpes

Board of Directors

DocCheck AG (XTER:AJ91) Headlines

No Headlines