Thruvision Group (LSE:THRU) Effective Interest Rate on Debt % : 12.32% (As of Sep. 2024)

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What is Thruvision Group 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. Thruvision Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was £0.08 Mil. Thruvision Group's average total debt for the quarter that ended in Sep. 2024 was £0.62 Mil. Therefore, Thruvision Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 12.32%.

Thruvision Group Effective Interest Rate on Debt % Historical Data

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

Thruvision Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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5.69

5.37

4.09

2.18

7.31

Thruvision Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.90	-0.28	10.47	3.90	12.32

Competitive Comparison of Thruvision Group's Effective Interest Rate on Debt %

For the Security & Protection Services subindustry, Thruvision Group'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.

Thruvision Group's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thruvision Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Thruvision Group Effective Interest Rate on Debt % Calculation

Thruvision Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -0.05	/	( (0.725	+	0.643)	/ 2 )
=	-1 * -0.05	/	0.684
=	7.31 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.604	+	0.121
=	0.725

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.492	+	0.151
=	0.643

Thruvision Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.076	/	( (0.643	+	0.591)	/ 2 )
=	-1 * -0.076	/	0.617
=	12.32 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.492	+	0.151
=	0.643

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.351	+	0.24
=	0.591

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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Thruvision Group (LSE:THRU) Effective Interest Rate on Debt % Explanation

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

Thruvision Group Effective Interest Rate on Debt % Related Terms

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Thruvision Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thruvision Group PLC (LSE:THRU) » Definitions » Effective Interest Rate on Debt %

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DIGTF:USA

Address

121 Olympic Avenue, Milton Park, Abingdon, Oxon, GBR, OX14 4SA

Website

https://www.thruvision.com

Thruvision Group PLC is engaged in developing and selling people-screening technology to the security market. Geographically, it derives a majority of its revenue from the Americas and also has a presence in the UK and Europe, the Middle East and Africa; and Asia Pacific. Its products include TS4-C, TS4-SC, TAC, and others. The company serves various markets such as Mass Transit Security, Customs and Border Control, Profit Protection, Visitor-friendly Security, and Entrance Security.

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