DUG Technology (ASX:DUG) Effective Interest Rate on Debt % : 2.36% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is DUG Technology 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. DUG Technology's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.67 Mil. DUG Technology's average total debt for the quarter that ended in Dec. 2023 was A$28.47 Mil. Therefore, DUG Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.36%.

DUG Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for DUG Technology'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.

DUG Technology Effective Interest Rate on Debt % Chart

DUG Technology Annual Data

Trend

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

7.33

3.08

2.18

DUG Technology Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			2.52	3.65	2.20	1.94	2.36

Competitive Comparison of DUG Technology's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, DUG Technology'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.

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

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

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

DUG Technology Effective Interest Rate on Debt % Calculation

DUG Technology'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 * -0.514	/	( (24.006	+	23.119)	/ 2 )
=	-1 * -0.514	/	23.5625
=	2.18 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.923	+	5.083
=	24.006

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.314	+	6.805
=	23.119

DUG Technology'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 * -0.672	/	( (23.119	+	33.824)	/ 2 )
=	-1 * -0.672	/	28.4715
=	2.36 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.314	+	6.805
=	23.119

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.033	+	10.791
=	33.824

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.

DUG Technology (ASX:DUG) Effective Interest Rate on Debt % Explanation

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

DUG Technology Effective Interest Rate on Debt % Related Terms

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

DUG Technology (ASX:DUG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Kings Park Road, West Perth, Perth, WA, AUS, 6005

Website

https://www.dug.com

DUG Technology Ltd is a technology company providing high performance computing as a service (HPCaaS), scientific data analysis services, and software solutions for the technology and resource sectors. Also, the company offers data management, multi-tiered support for optimising third-party algorithms, and integrated scientific software and services. The company has Three reportable segments which includes HPCaaS, Services, and Software segments and the company generates majority of its revenue from services segment.