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SMS Alternatives (SMS Alternatives) Effective Interest Rate on Debt % : 9.70% (As of Jun. 2020)


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What is SMS Alternatives 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. SMS Alternatives's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $0.30 Mil. SMS Alternatives's average total debt for the quarter that ended in Jun. 2020 was $3.13 Mil. Therefore, SMS Alternatives's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 9.70%.


SMS Alternatives Effective Interest Rate on Debt % Historical Data

The historical data trend for SMS Alternatives'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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SMS Alternatives Effective Interest Rate on Debt % Chart

SMS Alternatives Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.63 9.27 9.69 10.16 7.67

SMS Alternatives Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 10.91 11.57 10.61 10.17 9.70

Competitive Comparison of SMS Alternatives's Effective Interest Rate on Debt %

For the Software - Application subindustry, SMS Alternatives'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.


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

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

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



SMS Alternatives Effective Interest Rate on Debt % Calculation

SMS Alternatives's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2018 )+Total Debt  (A: Dec. 2019 ))/ count )
=-1  *  -0.26/( (4.387+2.391)/ 2 )
=-1  *  -0.26/3.389
=7.67 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.976 + 0.411
=4.387

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.464 + 1.927
=2.391

SMS Alternatives's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2020 )+Total Debt  (Q: Jun. 2020 ))/ count )
=-1  *  -0.304/( (2.956+3.309)/ 2 )
=-1  *  -0.304/3.1325
=9.70 %

where

Total Debt  (Q: Jun. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.158 + 3.151
=3.309

* 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 (Jun. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


SMS Alternatives  (OTCPK:CICN) Effective Interest Rate on Debt % Explanation

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


SMS Alternatives Effective Interest Rate on Debt % Related Terms

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SMS Alternatives (SMS Alternatives) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8000 Regency Parkway, Suite 542, Cary, NC, USA, 27518
SMS Alternatives Inc formerly Cicero Inc provides desktop activity intelligence and improvement software that helps organizations isolate issues and automates employee tasks in the contact center and back office. It provides a combination of application and process integration, automation and desktop analytics capabilities, technical support, training and consulting services. Geographically, it operates in the United States, and Europe. The company generates revenue from three categories: software, maintenance, and services; out of which a vast majority is earned from Software within the United States.
Executives
Mark Landis director 251 CRANDON BLVD. KEY BISCAYNE FL 33149
John Steffens director, 10 percent owner C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487
Don Peppers director 1111 SUMMER STREET STAMFORD CT 06905
Privet Fund Lp 10 percent owner 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Privet Fund Management Llc 10 percent owner 3280 PEACHTREE ROAD NE, SUITE 2670, ATLANTA GA 30305
Ryan Levenson director, 10 percent owner 2396 DELLWOOD DRIVE, ATLANTA GA 30305
Thomas Aiken Avery director 465 LAUREL CHASE COURT, ATLANTA GA 30327
Bruce D Miller director 42 NONANTUM AVE NANTUCKETT MA 02584
Jonathan Gallen 10 percent owner 450 PARK AVENUE, 28TH FLOOR, NEW YORK NY 10022
John P Broderick director, officer: CEO/CFO 214 CARNERE CENTER SUITE 303 PRINCETON NJ 08540
Antony J Castagno director, officer: CTO 11775 MOUNTAIN PARK ROAD ROSWELL GA 30075
Jay Kingley director 20 THISTLE LANE WARREN NJ 07059
Charles B Porciello director 2635 BUCKINGHAM RD ELLICOTT CITY MD 21043
Bruce W Hasenyager director 1400 EARLSHIRE PLACE PLANO TX 75075
Atherton John W Jr director

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