Myriad Group AG (Myriad Group AG) Effective Interest Rate on Debt % : 0.24% (As of Dec. 2017)

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What is Myriad Group AG 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. Myriad Group AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2017 was $0.02 Mil. Myriad Group AG's average total debt for the quarter that ended in Dec. 2017 was $6.61 Mil. Therefore, Myriad Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 was 0.24%.

Myriad Group AG Effective Interest Rate on Debt % Historical Data

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

Myriad Group AG Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Effective Interest Rate on Debt %

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45.95

0.81

0.39

1.62

0.23

Myriad Group AG Semi-Annual Data
	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.53	0.53	2.68	0.22	0.24

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

For the Software - Application subindustry, Myriad Group AG'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.

Myriad Group AG's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Myriad Group AG Effective Interest Rate on Debt % Calculation

Myriad Group AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2016 )	+	Total Debt (A: Dec. 2017 ))	/ count )
=	-1 * -0.015	/	( (6.54	+	6.772)	/ 2 )
=	-1 * -0.015	/	6.656
=	0.23 %

where

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.684	+	0.856
=	6.54

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.481	+	0.291
=	6.772

Myriad Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2017 )	+	Total Debt (Q: Dec. 2017 ))	/ count )
=	-1 * -0.016	/	( (6.441	+	6.772)	/ 2 )
=	-1 * -0.016	/	6.6065
=	0.24 %

where

	Total Debt (Q: Jun. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.165	+	0.276
=	6.441

	Total Debt (Q: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.481	+	0.291
=	6.772

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

Myriad Group AG (OTCPK:MYDDY) Effective Interest Rate on Debt % Explanation

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

Myriad Group AG Effective Interest Rate on Debt % Related Terms

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Myriad Group AG (Myriad Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Myriad Group AG (OTCPK:MYDDY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Bahnhofstrasse 64, Zurich, CHE, CH â€“ 8001

Website

http://www.myriadgroup.com

Myriad Group AG is a company active in the technology sector of Switzerland while having its primary market in America. Its business involves the development of software solutions which address the needs of applications, messaging solutions, and embedded software. The group's activities are spread across several segments. The Device Solutions segment spans the activities of the embedded software platforms and middleware including browser, messaging and Jbed Java Virtual Machine clients and related services. It contributes the bulk of the revenue for the company through licensing of software. Myriad Connect Division provides mobile operators with network service platforms and software for mass-market phones. The Versy and Legacy Messaging segments render social messaging applications.

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