APTY (APT Systems) Effective Interest Rate on Debt %: 70.44% (As of Oct. 2018)


What is APT Systems Effective Interest Rate on Debt %?

APT Systems APTY Effective Interest Rate on Debt % is 70.44% as of Oct. 2018.

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. APT Systems's annualized positive value of Interest Expense for the quarter that ended in Oct. 2018 was $0.38 Mil. APT Systems's average total debt for the quarter that ended in Oct. 2018 was $0.54 Mil. Therefore, APT Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2018 was 70.44%.

APT Systems  (OTCPK:APTY) Effective Interest Rate on Debt % Explanation

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

APT Systems Effective Interest Rate on Debt % Related Terms

APT Systems Effective Interest Rate on Debt % Historical Data

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The historical data trend for APT Systems'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.

APT Systems Effective Interest Rate on Debt % Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.00 18.97 71.13 73.80 69.44

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 40.00 192.47 51.11 33.16 70.44

APTY vs CLIS, AVOI, ISGN: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, APT Systems'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.

APT Systems Effective Interest Rate on Debt % vs Software Industry

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

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


APT Systems Effective Interest Rate on Debt % Calculation

APT Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2017 )+Total Debt  (A: Jan. 2018 ))/ count )
=-1  *  -0.2/( (0.246+0.33)/ 2 )
=-1  *  -0.2/0.288
=69.44 %

where

Total Debt  (A: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.026 + 0.22
=0.246

Total Debt  (A: Jan. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.33
=0.33

APT Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2018 )+Total Debt  (Q: Oct. 2018 ))/ count )
=-1  *  -0.38/( (0.552+0.527)/ 2 )
=-1  *  -0.38/0.5395
=70.44 %

where

Total Debt  (Q: Jul. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.552
=0.552

Total Debt  (Q: Oct. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.527
=0.527

* 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 (Oct. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 70.44% mean?
APT Systems (APTY) has a Effective Interest Rate on Debt % of 70.44% as of Oct. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on APT Systems and its competitors.
Is APT Systems' Effective Interest Rate on Debt % too high?
APT Systems' current Effective Interest Rate on Debt % is 70.44%.
How does APT Systems' Effective Interest Rate on Debt % compare to CLIS and AVOI?
APT Systems' Effective Interest Rate on Debt % of 70.44% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Software company?
A good Effective Interest Rate on Debt % depends on the Software industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on APT Systems and its competitors. APT Systems's current Effective Interest Rate on Debt % is 70.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APT Systems stock overvalued right now?
APT Systems (APTY) has a current Effective Interest Rate on Debt % of 70.44%. The current Effective Interest Rate on Debt % is 70.44%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For APT Systems (APTY), the current Effective Interest Rate on Debt % is 70.44% as of Oct. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

APT Systems Business Description

Address 505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of financial platforms and financial apps, and imagines new visual solutions for charting the financial markets. It is focused on building a financial ecosystem around the Verifundr escrow system, which is a payment distribution platform that can include smart contracts and a subscription trading service that is backed by a true stablecoin named Spera (SPRA). The company is also developing credentials for verifying and reporting on an accredited investor's status.