Locate Technologies (ASX:LOC) Effective Interest Rate on Debt %: 15.08% (As of Jun. 2025)


What is Locate Technologies Effective Interest Rate on Debt %?

Locate Technologies ASX:LOC Effective Interest Rate on Debt % is 15.08% as of Jun. 2025. The stock has 3 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. Locate Technologies's annualized positive value of Interest Expense for the quarter that ended in Jun. 2025 was A$0.57 Mil. Locate Technologies's average total debt for the quarter that ended in Jun. 2025 was A$3.81 Mil. Therefore, Locate Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2025 was 15.08%.

Locate Technologies  (ASX:LOC) Effective Interest Rate on Debt % Explanation

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

Locate Technologies Effective Interest Rate on Debt % Related Terms

Locate Technologies Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Locate 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.

Locate Technologies Effective Interest Rate on Debt % Chart

Locate Technologies Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Effective Interest Rate on Debt %
129.63 20.77 30.30 15.23

Locate Technologies Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 15.85 45.71 14.42 14.66 15.08

ASX:LOC vs UBER, SHOP, CRM: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Locate 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.

Locate Technologies Effective Interest Rate on Debt % vs Software Industry

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

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


Locate Technologies Effective Interest Rate on Debt % Calculation

Locate Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2024 )+Total Debt  (A: Jun. 2025 ))/ count )
=-1  *  -0.562/( (3.635+3.743)/ 2 )
=-1  *  -0.562/3.689
=15.23 %

where

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.585 + 0.05
=3.635

Total Debt  (A: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.703 + 0.04
=3.743

Locate Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Jun. 2025 ))/ count )
=-1  *  -0.574/( (3.868+3.743)/ 2 )
=-1  *  -0.574/3.8055
=15.08 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.649 + 0.219
=3.868

Total Debt  (Q: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.703 + 0.04
=3.743

* 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 (Jun. 2025) 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 15.08% mean?
Locate Technologies (ASX:LOC) has a Effective Interest Rate on Debt % of 15.08% as of Jun. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Locate Technologies and its competitors.
Is Locate Technologies' Effective Interest Rate on Debt % too high?
Locate Technologies' current Effective Interest Rate on Debt % is 15.08%.
How does Locate Technologies' Effective Interest Rate on Debt % compare to UBER and SHOP?
Locate Technologies' Effective Interest Rate on Debt % of 15.08% 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 Locate Technologies and its competitors. Locate Technologies's current Effective Interest Rate on Debt % is 15.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Locate Technologies stock overvalued right now?
Locate Technologies (ASX:LOC) has a current Effective Interest Rate on Debt % of 15.08%. The stock's GF Value™ is A$0.08, compared to a current price of A$0.06 — trading 30% below its estimated fair value. The current Effective Interest Rate on Debt % is 15.08%. 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 Locate Technologies (ASX:LOC), the current Effective Interest Rate on Debt % is 15.08% as of Jun. 2025. 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.

Locate Technologies Business Description

Other Exchanges LOC:New Zealand
Address 55 Miller Street, Level 4, Suite 4.11, Pyrmont, Sydney, NSW, AUS, 2009
Locate Technologies Ltd is a provider of real-time tracking delivery solutions. The group's Locate2u is a Software-as-a-Service (SaaS) platform, designed to manage and optimise deliveries for couriers, retailers, and e-commerce businesses, and its Zoom2u Platform provides an Australia-wide marketplace connecting customers to a network of local drivers for fast deliveries. The group has two operating segments: Zoom2u and 2u Enterprises, and Locate2u. Maximum revenue is generated from the Zoom2u and 2u Enterprises segment, which provides delivery and tracking services to customers via an internally developed platform, allowing customers to arrange for the delivery of items. This segment also includes the Shred2u business, offering on-site and off-site document shredding services.