Buddy Technologies (ASX:BUDOA) Effective Interest Rate on Debt %: 17.31% (As of Dec. 2021)

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What is Buddy Technologies Effective Interest Rate on Debt %?

Buddy Technologies ASX:BUDOA Effective Interest Rate on Debt % is 17.31% as of Dec. 2021. The stock has 7 warning signs investors should review.

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. Buddy Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was A$3.82 Mil. Buddy Technologies's average total debt for the quarter that ended in Dec. 2021 was A$22.07 Mil. Therefore, Buddy Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 17.31%.

Buddy Technologies  (ASX:BUDOA) Effective Interest Rate on Debt % Explanation

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

Buddy Technologies Effective Interest Rate on Debt % Related Terms

Buddy Technologies Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Buddy Technologies'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.

Buddy Technologies Effective Interest Rate on Debt % Chart

Buddy Technologies Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 7.56 40.96 29.77

Buddy Technologies Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 45.98 37.80 54.41 24.79 17.31

ASX:BUDOA vs CYRNQ, SEII, DCLT: Effective Interest Rate on Debt % Comparison

For the Software - Infrastructure subindustry, Buddy Technologies'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.

Buddy Technologies Effective Interest Rate on Debt % vs Software Industry

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

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


Buddy Technologies Effective Interest Rate on Debt % Calculation

Buddy Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2020 )+Total Debt  (A: Jun. 2021 ))/ count )
=-1  *  -6.301/( (14.805+27.53)/ 2 )
=-1  *  -6.301/21.1675
=29.77 %

where

Total Debt  (A: Jun. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.145 + 14.66
=14.805

Total Debt  (A: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.011 + 22.519
=27.53

Buddy Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Dec. 2021 ))/ count )
=-1  *  -3.82/( (27.53+16.601)/ 2 )
=-1  *  -3.82/22.0655
=17.31 %

where

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.011 + 22.519
=27.53

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 16.601
=16.601

* 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 two times the semi-annual (Dec. 2021) 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 17.31% mean?
Buddy Technologies (ASX:BUDOA) has a Effective Interest Rate on Debt % of 17.31% as of Dec. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Buddy Technologies and its competitors.
Is Buddy Technologies' Effective Interest Rate on Debt % too high?
Buddy Technologies' current Effective Interest Rate on Debt % is 17.31%.
How does Buddy Technologies' Effective Interest Rate on Debt % compare to CYRNQ and SEII?
Buddy Technologies' Effective Interest Rate on Debt % of 17.31% 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 Buddy Technologies and its competitors. Buddy Technologies's current Effective Interest Rate on Debt % is 17.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Buddy Technologies stock overvalued right now?
Buddy Technologies (ASX:BUDOA) has a current Effective Interest Rate on Debt % of 17.31%. The current Effective Interest Rate on Debt % is 17.31%. 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 Buddy Technologies (ASX:BUDOA), the current Effective Interest Rate on Debt % is 17.31% as of Dec. 2021. 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.

Buddy Technologies Business Description

Address 12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).