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AUSI (Aura Systems) Effective Interest Rate on Debt % : 19.52% (As of Feb. 2025)


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What is Aura Systems 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. Aura Systems's annualized positive value of Interest Expense for the quarter that ended in Feb. 2025 was $3.07 Mil. Aura Systems's average total debt for the quarter that ended in Feb. 2025 was $15.72 Mil. Therefore, Aura Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 was 19.52%.


Aura Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for Aura Systems'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.

Aura Systems Effective Interest Rate on Debt % Chart

Aura Systems Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 6.88 4.02 8.46 10.99

Aura Systems Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.78 6.65 7.36 12.19 19.52

Competitive Comparison of Aura Systems's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Aura Systems'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.


Aura Systems's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aura Systems's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Aura Systems Effective Interest Rate on Debt % Calculation

Aura Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2024 )+Total Debt  (A: Feb. 2025 ))/ count )
=-1  *  -1.81/( (17.314+15.639)/ 2 )
=-1  *  -1.81/16.4765
=10.99 %

where

Total Debt  (A: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.797 + 9.517
=17.314

Total Debt  (A: Feb. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.623 + 15.016
=15.639

Aura Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2024 )+Total Debt  (Q: Feb. 2025 ))/ count )
=-1  *  -3.068/( (15.793+15.639)/ 2 )
=-1  *  -3.068/15.716
=19.52 %

where

Total Debt  (Q: Nov. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.69 + 7.103
=15.793

Total Debt  (Q: Feb. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.623 + 15.016
=15.639

* 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 four times the quarterly (Feb. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Aura Systems  (OTCPK:AUSI) Effective Interest Rate on Debt % Explanation

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


Aura Systems Effective Interest Rate on Debt % Related Terms

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Aura Systems Business Description

Traded in Other Exchanges
N/A
Address
20431 North Sea Circle, Lake Forest, CA, USA, 92630
Aura Systems Inc is engaged in the development, commercialization, and sales of products, systems, and components. It uses patented and proprietary electromagnetic technology. The company develops and sells AuraGen axial flux mobile induction power systems to the industrial, commercial, and defense mobile power generation markets. It has also developed High Force Electromagnetic Linear Actuators.
Executives
Warren Breslow 10 percent owner 721 N REXFORD DR, BEVERLY HILLS CA 90210
Cipora Lavut director, officer: President 12100 WILSHIRE BOULEVARD, LOS ANGELES CA 90025
Robert T Lempert director, officer: Secretary C/O AURA SYSTEMS, INC,, 10541 ASHDALE STREET, STANTON CA 90680
David Mann director, officer: Chief Financial Officer C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Zvi Kurtzman 10 percent owner C/O AURA SYSTEMS INC, 2335 ALASKA AVENUE, EL SEGUNDO CA 90245
Elimelech Lowy 10 percent owner 380 B BETH HALEVY RUE, BOISBRIAND A8 J7E 4H4
Ronald Buschur director 1801 E ST ANDREW PLACE, SAN ANA CA 92705
Siryong Yu director 10541 ASHDALE STREET, STANTON CA 90680
Timothy John O'toole officer: Interim CFO C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Jeffrey D. Cowan director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
John M. Cochran director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Michael Sawruk director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Roland J. Bopp director 120 HANCOCK LANE, WESTAMPTON NJ 08060
Michael Paritee director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Gary M. Wells director 8960 BAY COLONY DRIVE #404, NAPLES FL 34108

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