Bravura Solutions (ASX:BVS) Effective Interest Rate on Debt % : 1.18% (As of Dec. 2023)

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What is Bravura Solutions 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. Bravura Solutions's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.3 Mil. Bravura Solutions's average total debt for the quarter that ended in Dec. 2023 was A$27.4 Mil. Therefore, Bravura Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.18%.

Bravura Solutions Effective Interest Rate on Debt % Historical Data

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

Bravura Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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1.55

1.94

4.38

3.16

4.05

Bravura Solutions Semi-Annual Data
	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										8.51	-2.83	6.50	0.58	1.18

Competitive Comparison of Bravura Solutions's Effective Interest Rate on Debt %

For the Software - Application subindustry, Bravura Solutions'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.

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

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

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

Bravura Solutions Effective Interest Rate on Debt % Calculation

Bravura Solutions'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 * -1.182	/	( (30.58	+	27.785)	/ 2 )
=	-1 * -1.182	/	29.1825
=	4.05 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.287	+	8.293
=	30.58

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.67	+	7.115
=	27.785

Bravura Solutions'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 * -0.324	/	( (27.785	+	26.935)	/ 2 )
=	-1 * -0.324	/	27.36
=	1.18 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.67	+	7.115
=	27.785

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.346	+	6.589
=	26.935

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.

Bravura Solutions (ASX:BVS) Effective Interest Rate on Debt % Explanation

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

Bravura Solutions Effective Interest Rate on Debt % Related Terms

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Bravura Solutions (ASX:BVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bravura Solutions Ltd (ASX:BVS) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

BRA:Germany

Address

345 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.bravurasolutions.com

Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.