TomTom NV (TomTom NV) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is TomTom NV 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. TomTom NV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.0 Mil. TomTom NV's average total debt for the quarter that ended in Mar. 2024 was $51.1 Mil. Therefore, TomTom NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

TomTom NV Effective Interest Rate on Debt % Historical Data

The historical data trend for TomTom NV'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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TomTom NV Effective Interest Rate on Debt % Chart

TomTom NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.19

5.22

4.27

3.23

4.68

TomTom NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Competitive Comparison of TomTom NV's Effective Interest Rate on Debt %

For the Software - Application subindustry, TomTom NV'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.

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

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

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

TomTom NV Effective Interest Rate on Debt % Calculation

TomTom NV'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 * -2.125	/	( (39.963	+	50.941)	/ 2 )
=	-1 * -2.125	/	45.452
=	4.68 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.235	+	11.728
=	39.963

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41.92	+	9.021
=	50.941

TomTom NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * 0	/	( (50.941	+	51.173)	/ 2 )
=	-1 * 0	/	51.057
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41.92	+	9.021
=	50.941

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.436	+	8.737
=	51.173

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

TomTom NV (OTCPK:TMOAY) Effective Interest Rate on Debt % Explanation

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

TomTom NV Effective Interest Rate on Debt % Related Terms

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TomTom NV (TomTom NV) Business Description

Industry

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Traded in Other Exchanges

TMOAF:USA TOM2:Netherlands TOM2a:UK 0MKS:UK OEMA:Germany

Address

De Ruijterkade 154, Amsterdam, NLD, 1011 AC

Website

https://www.tomtom.com

TomTom NV is a software company specializing in Developing and selling navigation and location-based products and services, including maps, traffic, navigation software, and portable navigation devices. The company operates in two reporting segments; Location Technology and Consumer. The Location Technology Segment is engaged in developing and selling location-based application components such as maps, services, and navigation software to customers in different market segments. The Consumer segment generates revenue mainly from the sale of portable navigation devices and mobile applications. The majority of revenue is derived from Location Technology Segment.

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