Covisint (Covisint) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2017)

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What is Covisint 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. Covisint's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was $0.00 Mil. Covisint's average total debt for the quarter that ended in Mar. 2017 was $0.00 Mil. Therefore, Covisint's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was N/A%.

Covisint Effective Interest Rate on Debt % Historical Data

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

Covisint Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Effective Interest Rate on Debt %

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Covisint Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
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Competitive Comparison of Covisint's Effective Interest Rate on Debt %

For the Software - Application subindustry, Covisint'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.

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

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

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

Covisint Effective Interest Rate on Debt % Calculation

Covisint's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2016 )	+	Total Debt (A: Mar. 2017 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (A: Mar. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Mar. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Covisint's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2016 )	+	Total Debt (Q: Mar. 2017 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (Q: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Covisint (NAS:COVS) Effective Interest Rate on Debt % Explanation

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

Covisint Effective Interest Rate on Debt % Related Terms

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Covisint (Covisint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Covisint Corp (NAS:COVS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.covisint.com

Covisint Corp incorporated in April 2008 provides a cloud Platform for the development of identity-centric and IoT solutions. It packages and markets the Covisint Cloud Platform as three different offerings namely, The Covisint Identity Platform, The Covisint IoT Platform, and The Covisint Connected Vehicle Platform. The Covisint Platform offers a complete and tightly integrated set of technologies for one purpose- to enable trusted information sharing and secure interactions across people, systems and things. It offer these capabilities via the public cloud, and exposed via APIs, to enable developers to create custom solutions to transform their businesses.

Executives

William O Grabe	director	C/O COMPUWARE CORP, DETROIT MI 48226
John F. Smith	director	ONE DAUCH DR., DETROIT MI 48211
Dr. Homaira Akbari	director	13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224

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