Business Warrior (Business Warrior) Effective Interest Rate on Debt % : 112.70% (As of Aug. 2023)

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What is Business Warrior 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. Business Warrior's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was $2.04 Mil. Business Warrior's average total debt for the quarter that ended in Aug. 2023 was $1.81 Mil. Therefore, Business Warrior's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 112.70%.

Business Warrior Effective Interest Rate on Debt % Historical Data

The historical data trend for Business Warrior'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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Business Warrior Effective Interest Rate on Debt % Chart

Business Warrior Annual Data

Trend

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

32.13

0.78

82.95

Business Warrior Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					1.51	60.65	19.77	23.36	112.70

Competitive Comparison of Business Warrior's Effective Interest Rate on Debt %

For the Software - Application subindustry, Business Warrior'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.

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

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

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

Business Warrior Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * -0.893	/	( (0.3	+	1.853)	/ 2 )
=	-1 * -0.893	/	1.0765
=	82.95 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.226	+	0.074
=	0.3

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.817	+	0.036
=	1.853

Business Warrior's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2023 )	+	Total Debt (Q: Aug. 2023 ))	/ count )
=	-1 * -2.036	/	( (1.76	+	1.853)	/ 2 )
=	-1 * -2.036	/	1.8065
=	112.70 %

where

	Total Debt (Q: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.74	+	0.02
=	1.76

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.817	+	0.036
=	1.853

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

Business Warrior (OTCPK:BZWR) Effective Interest Rate on Debt % Explanation

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

Business Warrior Effective Interest Rate on Debt % Related Terms

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Business Warrior (Business Warrior) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Business Warrior Corp (OTCPK:BZWR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

455 E Pebble Road, No 230912, Las Vegas, NV, USA, 89123-0912

Website

https://www.businesswarrior.com

Business Warrior Corp is a software development company. The firm's software improves businesses' ability to make decisions that help to get more customers, increase revenues, obtain access to growth capital, and build a professional legacy for themselves and their families. The company's flagship software product is PayPlan which offers an end-to-end consumer financing experience.