Simble Solutions (ASX:SIS) Effective Interest Rate on Debt % : 31.50% (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Simble 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. Simble Solutions's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$0.07 Mil. Simble Solutions's average total debt for the quarter that ended in Dec. 2024 was A$0.21 Mil. Therefore, Simble Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 31.50%.

Simble Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Simble 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.

* Premium members only.

Simble Solutions Effective Interest Rate on Debt % Chart

Simble Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

10.66

3.60

9.14

17.86

24.40

Simble Solutions Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										-8.68	25.62	14.81	38.10	31.50

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

For the Software - Application subindustry, Simble 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.

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

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

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

Save Embed

;

Save Embed

;

Simble Solutions Effective Interest Rate on Debt % Calculation

Simble Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.051	/	( (0.094	+	0.324)	/ 2 )
=	-1 * -0.051	/	0.209
=	24.40 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.094
=	0.094

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.2	+	0.124
=	0.324

Simble Solutions'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 * -0.066	/	( (0.095	+	0.324)	/ 2 )
=	-1 * -0.066	/	0.2095
=	31.50 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.095
=	0.095

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.2	+	0.124
=	0.324

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.

Simble Solutions (ASX:SIS) Effective Interest Rate on Debt % Explanation

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

Simble Solutions Effective Interest Rate on Debt % Related Terms

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

Simble Solutions Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

383 George Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.simblegroup.com

Simble Solutions Ltd provides and develops Software as a Service (SaaS) for businesses and organizations seeking energy intelligence, carbon reporting, and business productivity solutions. The company offers several cloud-based SaaS products which are accessible via a web browser. The company provides customers access to an online portal for the subscription period as specified in contracts. The company operates in Australia and the United Kingdom. It derives maximum revenue from Energy intelligence, followed by Carbon reporting and Mobility.

Simble Solutions Headlines

No Headlines