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SSH Communications Security Oyj (STU:XXH) Effective Interest Rate on Debt % : 39.78% (As of Jun. 2023)


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What is SSH Communications Security Oyj 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. SSH Communications Security Oyj's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €0.80 Mil. SSH Communications Security Oyj's average total debt for the quarter that ended in Jun. 2023 was €2.01 Mil. Therefore, SSH Communications Security Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 39.78%.


SSH Communications Security Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for SSH Communications Security Oyj'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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SSH Communications Security Oyj Effective Interest Rate on Debt % Chart

SSH Communications Security Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.45 11.25 4.33 5.53 20.97

SSH Communications Security Oyj Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 61.02 39.78 -

Competitive Comparison of SSH Communications Security Oyj's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.


SSH Communications Security Oyj's Effective Interest Rate on Debt % Distribution in the Software Industry

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

* The bar in red indicates where SSH Communications Security Oyj's Effective Interest Rate on Debt % falls into.



SSH Communications Security Oyj Effective Interest Rate on Debt % Calculation

SSH Communications Security Oyj's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -0.53/( (2.622+2.433)/ 2 )
=-1  *  -0.53/2.5275
=20.97 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.742 + 0.88
=2.622

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.465 + 0.968
=2.433

SSH Communications Security Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.8/( (2.622+1.4)/ 2 )
=-1  *  -0.8/2.011
=39.78 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.742 + 0.88
=2.622

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


SSH Communications Security Oyj  (STU:XXH) Effective Interest Rate on Debt % Explanation

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


SSH Communications Security Oyj Effective Interest Rate on Debt % Related Terms

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SSH Communications Security Oyj (STU:XXH) Business Description

Traded in Other Exchanges
Address
Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company provides software, professional services, and recurring services. Its recurring service generates maximum revenue for the company. The company products consist of the crypto auditor, tectia ssh, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and others. Its EMEA region generates maximum revenue for the company.

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