Alphinat (Alphinat) Effective Interest Rate on Debt % : 22.05% (As of May. 2023)

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What is Alphinat 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. Alphinat's annualized positive value of Interest Expense for the quarter that ended in May. 2023 was $0.03 Mil. Alphinat's average total debt for the quarter that ended in May. 2023 was $0.13 Mil. Therefore, Alphinat's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2023 was 22.05%.

Alphinat Effective Interest Rate on Debt % Historical Data

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

Alphinat Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Effective Interest Rate on Debt %

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12.92

12.53

17.02

14.23

22.54

Alphinat Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															17.47	60.00	13.42	11.00	22.05

Competitive Comparison of Alphinat's Effective Interest Rate on Debt %

For the Software - Application subindustry, Alphinat'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.

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

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

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

Alphinat Effective Interest Rate on Debt % Calculation

Alphinat's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2021 )	+	Total Debt (A: Aug. 2022 ))	/ count )
=	-1 * -0.056	/	( (0.341	+	0.156)	/ 2 )
=	-1 * -0.056	/	0.2485
=	22.54 %

where

	Total Debt (A: Aug. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.15	+	0.191
=	0.341

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.091	+	0.065
=	0.156

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2023 )	+	Total Debt (Q: May. 2023 ))	/ count )
=	-1 * -0.028	/	( (0.149	+	0.105)	/ 2 )
=	-1 * -0.028	/	0.127
=	22.05 %

where

	Total Debt (Q: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.055	+	0.094
=	0.149

	Total Debt (Q: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.038	+	0.067
=	0.105

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

Alphinat (OTCPK:APHTF) Effective Interest Rate on Debt % Explanation

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

Alphinat Effective Interest Rate on Debt % Related Terms

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Alphinat (Alphinat) Business Description

Industry

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Address

2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5

Website

https://www.alphinat.com

Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.