Jasper Commerce (TSXV:JPIM) Effective Interest Rate on Debt % : 18.45% (As of Jan. 2024)

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What is Jasper Commerce 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. Jasper Commerce's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was C$0.20 Mil. Jasper Commerce's average total debt for the quarter that ended in Jan. 2024 was C$1.08 Mil. Therefore, Jasper Commerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 18.45%.

Jasper Commerce Effective Interest Rate on Debt % Historical Data

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

Jasper Commerce Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

17.40

19.68

29.49

14.64

Jasper Commerce Quarterly Data
	Jul20	Oct20	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									2.91	21.17	20.81	19.51	18.45

Competitive Comparison of Jasper Commerce's Effective Interest Rate on Debt %

For the Software - Application subindustry, Jasper Commerce'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.

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

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

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

Jasper Commerce Effective Interest Rate on Debt % Calculation

Jasper Commerce's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -0.08	/	( (0.313	+	0.78)	/ 2 )
=	-1 * -0.08	/	0.5465
=	14.64 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.18	+	0.133
=	0.313

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.628	+	0.152
=	0.78

Jasper Commerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -0.2	/	( (0.983	+	1.185)	/ 2 )
=	-1 * -0.2	/	1.084
=	18.45 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.656	+	0.327
=	0.983

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.101	+	0.084
=	1.185

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

Jasper Commerce (TSXV:JPIM) Effective Interest Rate on Debt % Explanation

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

Jasper Commerce Effective Interest Rate on Debt % Related Terms

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Jasper Commerce (TSXV:JPIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jasper Commerce Inc (TSXV:JPIM) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Wellesley Street West, Suite 214, Toronto, ON, CAN, M4Y 0G7

Website

https://www.jasperpim.com

Jasper Commerce Inc is a Software-as-a-service Product Information Management solution empowering eCommerce retailers, wholesalers or distributors to centralize, organize and richly merchandise products from a single central repository. The company has two main products SaaS PIM subscriptions and Professional services. The company generates majority of its revenue from SaaS PIM subscriptions. The company operates in United States, Canada and others geographically and the majority of its revenue generates from United States.

Executives

Kenneth Gutierrez

Senior Officer

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