Cape Range (ASX:CAG) Effective Interest Rate on Debt % : 16.33% (As of Dec. 2023)

View and export this data going back to 1981. Start your Free Trial

What is Cape Range 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. Cape Range's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.00 Mil. Cape Range's average total debt for the quarter that ended in Dec. 2023 was A$0.02 Mil. Therefore, Cape Range's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 16.33%.

Cape Range Effective Interest Rate on Debt % Historical Data

The historical data trend for Cape Range'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.

Cape Range Effective Interest Rate on Debt % Chart

Cape Range Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

11.15

8.94

10.05

8.51

10.67

Cape Range Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								11.24	8.82	10.08	12.24	16.33

Competitive Comparison of Cape Range's Effective Interest Rate on Debt %

For the Software - Application subindustry, Cape Range'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.

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

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

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

Cape Range Effective Interest Rate on Debt % Calculation

Cape Range's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.004	/	( (0.062	+	0.013)	/ 2 )
=	-1 * -0.004	/	0.0375
=	10.67 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.015	+	0.047
=	0.062

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.013
=	0.013

Cape Range'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 * -0.004	/	( (0.036	+	0.013)	/ 2 )
=	-1 * -0.004	/	0.0245
=	16.33 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.013	+	0.023
=	0.036

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.013
=	0.013

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.

Cape Range (ASX:CAG) Effective Interest Rate on Debt % Explanation

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

Cape Range Effective Interest Rate on Debt % Related Terms

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

Cape Range (ASX:CAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cape Range Ltd (ASX:CAG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Prestwick Drive, Twin Waters, Maroochydore, QLD, AUS, 4564

Website

https://www.caperange.com.au

Cape Range Ltd is engaged in providing accounting and business intelligence software solutions. Its software solutions cater mainly to small and medium enterprises. It derives revenue from Sales of packaged accounting and business management software, including the warehouse management system. Geographically solutions are offered in Australia and Malaysia.