Beam Communications Holdings (ASX:BCC) Effective Interest Rate on Debt % : 20.11% (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Beam Communications Holdings 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. Beam Communications Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.07 Mil. Beam Communications Holdings's average total debt for the quarter that ended in Dec. 2023 was A$0.36 Mil. Therefore, Beam Communications Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 20.11%.

Beam Communications Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Beam Communications Holdings'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.

Beam Communications Holdings Effective Interest Rate on Debt % Chart

Beam Communications Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.79

10.49

8.29

11.54

31.63

Beam Communications Holdings 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															17.00	6.91	15.84	55.72	20.11

Competitive Comparison of Beam Communications Holdings's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Beam Communications Holdings'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.

Beam Communications Holdings's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beam Communications Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Beam Communications Holdings Effective Interest Rate on Debt % Calculation

Beam Communications Holdings'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 * -0.149	/	( (0.812	+	0.13)	/ 2 )
=	-1 * -0.149	/	0.471
=	31.63 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.591	+	0.221
=	0.812

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.027	+	0.103
=	0.13

Beam Communications Holdings'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 * -0.072	/	( (0.13	+	0.586)	/ 2 )
=	-1 * -0.072	/	0.358
=	20.11 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.027	+	0.103
=	0.13

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.194	+	0.392
=	0.586

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.

Beam Communications Holdings (ASX:BCC) Effective Interest Rate on Debt % Explanation

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

Beam Communications Holdings Effective Interest Rate on Debt % Related Terms

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

Beam Communications Holdings (ASX:BCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beam Communications Holdings Ltd (ASX:BCC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 5/8 Anzed Court, Mulgrave, Melbourne, VIC, AUS, 3170

Website

https://www.beamcommunications.com

Beam Communications Holdings Ltd is a satellite telecommunications company. It designs, develops, manufactures, and distributes a range of satellite phone equipment and related services. The company offers satellite communication terminals, accessories, and data airtime services. Also, it provides handsets, accessories, SIM cards, and payment options on hardware, as well as pre-paid airtime services through SatPhoneShop.com, an online store. Its products are ZOLEO Global Satellite Com, Iridium GO and others. Geographically, the group generates revenue from Canada. Majority revenue is generated from Equipment sales.