8Common (ASX:8CO) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2024)

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What is 8Common 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. 8Common's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$0.06 Mil. 8Common's average total debt for the quarter that ended in Dec. 2024 was A$0.00 Mil. Therefore, 8Common's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was N/A%.

8Common Effective Interest Rate on Debt % Historical Data

The historical data trend for 8Common'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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8Common Effective Interest Rate on Debt % Chart

8Common Annual Data

Trend

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Jun24

Effective Interest Rate on Debt %

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8Common Semi-Annual Data
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Competitive Comparison of 8Common's Effective Interest Rate on Debt %

For the Software - Application subindustry, 8Common'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.

8Common's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, 8Common's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 8Common's Effective Interest Rate on Debt % falls into.

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8Common Effective Interest Rate on Debt % Calculation

8Common's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -0.043	/	( (0	+	0)	/ 1 )
=	-1 * -0.043	/	0
=	N/A %

where

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

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

8Common's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.056	/	( (0	+	0)	/ 1 )
=	-1 * -0.056	/	0
=	N/A %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

8Common (ASX:8CO) Effective Interest Rate on Debt % Explanation

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

8Common Effective Interest Rate on Debt % Related Terms

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8Common Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 8Common Ltd (ASX:8CO) » Definitions » Effective Interest Rate on Debt %

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N/A

Address

15 Moore Street, Suite 5.08, Level 4, Canberra, ACT, AUS, 2601

Website

https://www.8common.com

8Common Ltd is engaged in the business of developing and distributing software. Its solutions deliver enterprise grade financial transaction processing for government entities and large enterprise businesses. The company distributes two software solutions; expense8, and CardHero. Expense8 is a Travel and Expense management software solution that manages and streamlines the end-to-end processing of employee-generated expenses. Its CardHero software solution is an integrated fund disbursement and spend management solution that integrates fund payment with spend management and targets not for profits, grant providers, charities, and government.

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