What is TSR 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. TSR's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $0.00 Mil. TSR's average total debt for the quarter that ended in Feb. 2024 was $0.67 Mil. Therefore, TSR's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.00%.
TSR Effective Interest Rate on Debt % Historical Data
The historical data trend for TSR'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.
TSR Effective Interest Rate on Debt % Chart
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TSR Annual Data
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Trend |
May14 |
May15 |
May16 |
May17 |
May18 |
May19 |
May20 |
May21 |
May22 |
May23 |
| Effective Interest Rate on Debt % |
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- |
1.05 |
2.52 |
2.39 |
8.41 |
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TSR Quarterly Data
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May19 |
Aug19 |
Nov19 |
Feb20 |
May20 |
Aug20 |
Nov20 |
Feb21 |
May21 |
Aug21 |
Nov21 |
Feb22 |
May22 |
Aug22 |
Nov22 |
Feb23 |
May23 |
Aug23 |
Nov23 |
Feb24 |
| Effective Interest Rate on Debt % |
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6.43 |
6.21 |
2.56 |
- |
- |
Competitive Comparison of TSR's Effective Interest Rate on Debt %
For the Software - Application subindustry, TSR'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.
TSR's Effective Interest Rate on Debt % Distribution in the Software Industry
For the Software industry and Technology sector, TSR's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where TSR's Effective Interest Rate on Debt % falls into.
TSR Effective Interest Rate on Debt % Calculation
TSR's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2023 is calculated as
| Effective Interest Rate on Debt % |
| = | -1 * Interest Expense | / | ( (Total Debt (A: May. 2022 ) | + | Total Debt (A: May. 2023 )) | / count ) |
| = | -1 * -0.053 | / | ( (0.769 | + | 0.492) | / 2 ) |
| = | -1 * -0.053 | / | 0.6305 |
| = | 8.41 % |
where
TSR's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as
| Effective Interest Rate on Debt % |
| = | -1 * Interest Expense | / | ( (Total Debt (Q: Nov. 2023 ) | + | Total Debt (Q: Feb. 2024 )) | / count ) |
| = | -1 * 0 | / | ( (0.696 | + | 0.65) | / 2 ) |
| = | -1 * 0 | / | 0.673 |
| = | 0.00 % |
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 (Feb. 2024) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
TSR (TSRI) Business Description
Traded in Other Exchanges
N/A
Address
400 Oser Avenue, Suite 150, Hauppauge, NY, USA, 11788
TSR Inc is primarily engaged in the business of providing contract computer programming services to its customers. The company offers technical computer personnel to supplement its in-house information technology capabilities. It also gives staffing capabilities in the areas of mainframe and mid-range computer operations, personal computers and client-server support, internet and e-commerce operations, voice and data communications and helps desk support. Additionally, the company renders services on day-to-day operations, special projects, and on a short-term or long-term basis. It caters to various industries such as insurance, pharmaceutical and biotechnology, publishing and new media, financial services and project utilities.
Executives
| Howard Timothy Eriksen |
director |
567 WILDROSE CIRCLE, LYNDEN WA 98264 |
| Robert E Fitzgerald |
director |
2204 VAQUERO ESTATES BLVD, WESTLAKE TX 76262 |
| Bradley M Tirpak |
director |
50 ORCHARD ST., NEW YORK NY 10002 |
| Fintech Consulting, Llc |
10 percent owner |
120 S WOOD AVE, SUITE 300, ISELIN NJ 08830 |
| Thomas C Salerno |
officer: Chief Executive Officer |
600 WEST SADDLE RIVER ROAD, UPPER SADDLE RIVER NJ 07548 |
| Ira Cohen |
director |
|
| Zeff Capital, Lp |
10 percent owner |
400 S. MCCADDEN PL., LOS ANGELES CA 90020 |
| Joseph Pennacchio |
director |
|
| Kelly William J. Jr. |
director |
11 CARNEGIE AVENUE, COLD HARBOR NY 11724 |
| Joseph F Hughes |
director, 10 percent owner, officer: President and CEO |
C/O TSR INC, 400 OSER AVE #150, HAUPPAUGE NY 11788 |
| Winifred Hughes |
10 percent owner |
1278 RIDGE ROAD, LAUREL HOLLOW NY 11791 |
| Eric M Stein |
director |
15 HIGHLAND PLACE, BABYLON NY 11702 |
| Regina Dowd |
director |
275 FLINTLOCK ROAD, SOUTHPORT CT 06890 |
| Brian Mangan |
director |
45 DUNE COURT, NORTHPORT NY 11768 |
| Christopher J Hughes |
director |
C/O TSR INC, 400 OSER AVE #150, HAUPPAUGE NY 11788 |
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