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Acusensus (ASX:ACE) Effective Interest Rate on Debt % : 0.09% (As of Jun. 2023)


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What is Acusensus 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. Acusensus's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was A$0.00 Mil. Acusensus's average total debt for the quarter that ended in Jun. 2023 was A$2.26 Mil. Therefore, Acusensus's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.09%.

Acusensus Effective Interest Rate on Debt % Historical Data

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

Acusensus Annual Data
Trend Jun22 Jun23
Effective Interest Rate on Debt %
- 0.09

Acusensus Semi-Annual Data
Jun22 Jun23
Effective Interest Rate on Debt % - 0.09

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

For the Software - Infrastructure subindustry, Acusensus'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.

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

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

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


Acusensus Effective Interest Rate on Debt % Calculation

Acusensus'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  *  -0.002/( (2.33+2.188)/ 2 )
=-1  *  -0.002/2.259
=0.09 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.14 + 1.19
=2.33

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.7 + 1.488
=2.188

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.002/( (2.33+2.188)/ 2 )
=-1  *  -0.002/2.259
=0.09 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.14 + 1.19
=2.33

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.7 + 1.488
=2.188

* 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 one times the annual (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Acusensus  (ASX:ACE) Effective Interest Rate on Debt % Explanation

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

Acusensus Effective Interest Rate on Debt % Related Terms

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Acusensus (ASX:ACE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Acusensus Ltd (ASX:ACE) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
31 Queen Street, Level 6, Melbourne, VIC, AUS, 3000
Website
https://www.acusensus.com
Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.

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