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Cube ITG (WAR:CTG) Effective Interest Rate on Debt % : 0.01% (As of Mar. 2019)


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What is Cube ITG 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. Cube ITG's annualized positive value of Interest Expense for the quarter that ended in Mar. 2019 was zł0.01 Mil. Cube ITG's average total debt for the quarter that ended in Mar. 2019 was zł117.67 Mil. Therefore, Cube ITG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2019 was 0.01%.


Cube ITG Effective Interest Rate on Debt % Historical Data

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

Cube ITG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.46 8.07 7.17 12.13 0.22

Cube ITG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.31 0.55 - 0.01 0.01

Competitive Comparison of Cube ITG's Effective Interest Rate on Debt %

For the Software - Application subindustry, Cube ITG'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.


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

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

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



Cube ITG Effective Interest Rate on Debt % Calculation

Cube ITG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -0.261/( (118.992+117.671)/ 2 )
=-1  *  -0.261/118.3315
=0.22 %

where

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.524 + 86.468
=118.992

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 117.671
=117.671

Cube ITG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2018 )+Total Debt  (Q: Mar. 2019 ))/ count )
=-1  *  -0.012/( (117.671+117.668)/ 2 )
=-1  *  -0.012/117.6695
=0.01 %

where

Total Debt  (Q: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 117.671
=117.671

Total Debt  (Q: Mar. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 117.668
=117.668

* 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 (Mar. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Cube ITG  (WAR:CTG) Effective Interest Rate on Debt % Explanation

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


Cube ITG Effective Interest Rate on Debt % Related Terms

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Cube ITG (WAR:CTG) Business Description

Industry
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Address
Ulica Wolowska 6, Wroclaw, POL, 51-116
Cube ITG SA offers products and services in the areas of automation, IT and professional electronics. The company also provides comprehensive automation of industrial & municipal heat & power generating plants, data transmission and computerized master control systems.