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Tranzact Financial Services Limited (ASX:TFS) Effective Interest Rate on Debt % : 6.72% (As of Jun. 2013)


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What is Tranzact Financial Services Limited 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. Tranzact Financial Services Limited's annualized positive value of Interest Expense for the quarter that ended in Jun. 2013 was A$0.11 Mil. Tranzact Financial Services Limited's average total debt for the quarter that ended in Jun. 2013 was A$1.61 Mil. Therefore, Tranzact Financial Services Limited's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 was 6.72%.


Tranzact Financial Services Limited Effective Interest Rate on Debt % Historical Data

The historical data trend for Tranzact Financial Services Limited'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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Tranzact Financial Services Limited Effective Interest Rate on Debt % Chart

Tranzact Financial Services Limited Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.40 5.01 10.39 10.96 6.05

Tranzact Financial Services Limited Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
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 7.21 11.00 6.69 6.61 6.72

Competitive Comparison of Tranzact Financial Services Limited's Effective Interest Rate on Debt %

For the Asset Management subindustry, Tranzact Financial Services Limited'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.


Tranzact Financial Services Limited's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tranzact Financial Services Limited's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tranzact Financial Services Limited's Effective Interest Rate on Debt % falls into.



Tranzact Financial Services Limited Effective Interest Rate on Debt % Calculation

Tranzact Financial Services Limited's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2012 )+Total Debt  (A: Jun. 2013 ))/ count )
=-1  *  -0.135/( (3.076+1.39)/ 2 )
=-1  *  -0.135/2.233
=6.05 %

where

Total Debt  (A: Jun. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.606 + 1.47
=3.076

Total Debt  (A: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.292 + 0.098
=1.39

Tranzact Financial Services Limited's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2012 )+Total Debt  (Q: Jun. 2013 ))/ count )
=-1  *  -0.108/( (1.826+1.39)/ 2 )
=-1  *  -0.108/1.608
=6.72 %

where

Total Debt  (Q: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.28 + 1.546
=1.826

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.292 + 0.098
=1.39

* 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 two times the semi-annual (Jun. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Tranzact Financial Services Limited  (ASX:TFS) Effective Interest Rate on Debt % Explanation

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


Tranzact Financial Services Limited Effective Interest Rate on Debt % Related Terms

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Tranzact Financial Services Limited (ASX:TFS) Business Description

Traded in Other Exchanges
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Address
Tranzact Financial Services Limited is incorporated in Australia. It acts as an investment advisory and consulting business across Australia and New Zealand. It provides administration services to various superannuation entities, investor directed portfolio services and custodial services; asset consulting and investment management services; and acts as a promoter of superannuation entities and an Australian financial services licensee.

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