Equity Story Group (ASX:EQS) Effective Interest Rate on Debt % : 3.43% (As of Dec. 2024)

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What is Equity Story Group 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. Equity Story Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$0.06 Mil. Equity Story Group's average total debt for the quarter that ended in Dec. 2024 was A$1.63 Mil. Therefore, Equity Story Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.43%.

Equity Story Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Equity Story Group'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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Equity Story Group Effective Interest Rate on Debt % Chart

Equity Story Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

2.93

2.85

12.79

Equity Story Group Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			4.26	2.71	15.05	13.60	3.43

Competitive Comparison of Equity Story Group's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Equity Story Group'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.

Equity Story Group's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Equity Story Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Equity Story Group's Effective Interest Rate on Debt % falls into.

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Equity Story Group Effective Interest Rate on Debt % Calculation

Equity Story Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -0.165	/	( (0.376	+	2.205)	/ 2 )
=	-1 * -0.165	/	1.2905
=	12.79 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.288	+	0.088
=	0.376

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.205	+	0
=	2.205

Equity Story Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.056	/	( (2.205	+	1.063)	/ 2 )
=	-1 * -0.056	/	1.634
=	3.43 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.205	+	0
=	2.205

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.063	+	0
=	1.063

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Equity Story Group (ASX:EQS) Effective Interest Rate on Debt % Explanation

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

Equity Story Group Effective Interest Rate on Debt % Related Terms

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Equity Story Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Equity Story Group Ltd (ASX:EQS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 North Fort Road, Barracks Precinct, Manly, NSW, AUS, 2095

Website

https://www.equitystory.com.au

Equity Story Group Ltd is engaged in the business of stock market trading advice, research, investor education, and funds management. It has two operating segments which were Equity Story Pty Ltd and Equity Story Securities Pty Limited and Others.