GURUFOCUS.COM » STOCK LIST » Technology » Software » Text SA (OTCPK:LCHTF) » Definitions » Effective Interest Rate on Debt %

Text (LCHTF) Effective Interest Rate on Debt % : 81.95% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Text 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. Text's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.08 Mil. Text's average total debt for the quarter that ended in Dec. 2023 was $0.10 Mil. Therefore, Text's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 81.95%.


Text Effective Interest Rate on Debt % Historical Data

The historical data trend for Text'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.

Text Effective Interest Rate on Debt % Chart

Text Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.67 0.45 6.33 23.50

Text Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 41.45 60.61 - 106.87 81.95

Competitive Comparison of Text's Effective Interest Rate on Debt %

For the Software - Application subindustry, Text'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.


Text's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Text's Effective Interest Rate on Debt % distribution charts can be found below:

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



Text Effective Interest Rate on Debt % Calculation

Text's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -0.094/( (0.4+0)/ 1 )
=-1  *  -0.094/0.4
=23.50 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.197 + 0.203
=0.4

Text'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.084/( (0.131+0.074)/ 2 )
=-1  *  -0.084/0.1025
=81.95 %

where

* 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 four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Text  (OTCPK:LCHTF) Effective Interest Rate on Debt % Explanation

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


Text Effective Interest Rate on Debt % Related Terms

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


Text (LCHTF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Text SA (OTCPK:LCHTF) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
ul. Zwycieska 47, Wroclaw, POL, 53-033
Text SA is a Poland-based company offering services in the SaaS (Software as a Service) model supporting sales and customer service. The company provides better customer service at scale by analyzing, enriching, and automating text communication. It has developed LiveChat, a tool used for direct communication between the website visitor and its owner. For the end user, it has the form of a chat window placed on the website, ChatBot, an all-in-one platform to build and launch conversational chatbots without coding; HelpDesk that supports customers with tickets; KnowledgeBase and OpenWidget.

Text (LCHTF) Headlines

From GuruFocus

Text SA's Dividend Analysis

By GuruFocus Research 01-05-2024

LiveChat Software: A Rare Quality Story From Eastern Europe

By Steven Chen Steven Chen 05-24-2020