Global Health (ASX:GLH) Effective Interest Rate on Debt % : 46.82% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Global Health 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. Global Health's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.11 Mil. Global Health's average total debt for the quarter that ended in Dec. 2023 was A$0.24 Mil. Therefore, Global Health's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 46.82%.

Global Health Effective Interest Rate on Debt % Historical Data

The historical data trend for Global Health'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.

* Premium members only.

Global Health Effective Interest Rate on Debt % Chart

Global Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

9.67

9.48

9.99

14.80

73.80

Global Health Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.79	15.91	112.15	34.19	46.82

Competitive Comparison of Global Health's Effective Interest Rate on Debt %

For the Health Information Services subindustry, Global Health'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.

Global Health's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Health's Effective Interest Rate on Debt % distribution charts can be found below:

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

Global Health Effective Interest Rate on Debt % Calculation

Global Health's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.069	/	( (0.142	+	0.045)	/ 2 )
=	-1 * -0.069	/	0.0935
=	73.80 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.142
=	0.142

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.045
=	0.045

Global Health's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.114	/	( (0.045	+	0.442)	/ 2 )
=	-1 * -0.114	/	0.2435
=	46.82 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.045
=	0.045

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.252	+	0.19
=	0.442

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

Global Health (ASX:GLH) Effective Interest Rate on Debt % Explanation

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

Global Health Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Global Health's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Health (ASX:GLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Health Ltd (ASX:GLH) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

696 Bourke Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.global-health.com

Global Health Ltd is engaged in developing, selling, and supporting application software for the healthcare sector in Australia. It operates in a single segment, being the computer technology, software, and services industry. It provides mental health software for psychologists and psychiatrists; integrated software solutions for various areas of community health and human services, including drug and alcohol, disability, dental, and community rehabilitation; and digital software for healthcare communities.

Global Health (ASX:GLH) Headlines

No Headlines