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BWLKF (Boardwalktech Software) Effective Interest Rate on Debt % : 11.81% (As of Dec. 2024)


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What is Boardwalktech Software 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. Boardwalktech Software's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.37 Mil. Boardwalktech Software's average total debt for the quarter that ended in Dec. 2024 was $3.15 Mil. Therefore, Boardwalktech Software's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 11.81%.


Boardwalktech Software Effective Interest Rate on Debt % Historical Data

The historical data trend for Boardwalktech Software'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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Boardwalktech Software Effective Interest Rate on Debt % Chart

Boardwalktech Software Annual Data
Trend Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 42.51 42.89 3.31 13.04 4.53

Boardwalktech Software Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.32 5.16 12.81 11.93 11.81

Competitive Comparison of Boardwalktech Software's Effective Interest Rate on Debt %

For the Software - Application subindustry, Boardwalktech Software'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.


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

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

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


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Boardwalktech Software Effective Interest Rate on Debt % Calculation

Boardwalktech Software's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -0.075/( (0.127+3.181)/ 2 )
=-1  *  -0.075/1.654
=4.53 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.872 + 0.309
=3.181

Boardwalktech Software'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: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.372/( (2.911+3.388)/ 2 )
=-1  *  -0.372/3.1495
=11.81 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.58 + 0.331
=2.911

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.047 + 0.341
=3.388

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


Boardwalktech Software  (OTCPK:BWLKF) Effective Interest Rate on Debt % Explanation

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


Boardwalktech Software Effective Interest Rate on Debt % Related Terms

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Boardwalktech Software Business Description

Traded in Other Exchanges
Address
10050 N. Wolfe Road, Suite No. SW1-276, Cupertino, CA, USA, 95014
Boardwalktech Software Corp designs and sells collaborative enterprise digital ledger data management technology offered as either a cloud-based platform service that runs industry, or customer-specific applications, Boardwalk Application Engine (BAE) or Boardwalk Enterprise Blockchain (BEB) platforms.