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CreditRiskMonitor.com (CreditRiskMonitor.com) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is CreditRiskMonitor.com 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. CreditRiskMonitor.com's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. CreditRiskMonitor.com's average total debt for the quarter that ended in Dec. 2023 was $1.79 Mil. Therefore, CreditRiskMonitor.com's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


CreditRiskMonitor.com Effective Interest Rate on Debt % Historical Data

The historical data trend for CreditRiskMonitor.com'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.

CreditRiskMonitor.com Effective Interest Rate on Debt % Chart

CreditRiskMonitor.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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CreditRiskMonitor.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of CreditRiskMonitor.com's Effective Interest Rate on Debt %

For the Software - Application subindustry, CreditRiskMonitor.com'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.


CreditRiskMonitor.com's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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



CreditRiskMonitor.com Effective Interest Rate on Debt % Calculation

CreditRiskMonitor.com's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (1.96+1.766)/ 2 )
=-1  *  0/1.863
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.766 + 0.194
=1.96

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.555 + 0.211
=1.766

CreditRiskMonitor.com's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (1.817+1.766)/ 2 )
=-1  *  0/1.7915
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.61 + 0.207
=1.817

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.555 + 0.211
=1.766

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


CreditRiskMonitor.com  (OTCPK:CRMZ) Effective Interest Rate on Debt % Explanation

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


CreditRiskMonitor.com Effective Interest Rate on Debt % Related Terms

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


CreditRiskMonitor.com (CreditRiskMonitor.com) Business Description

Industry
Traded in Other Exchanges
N/A
Address
704 Executive Boulevard, Suite A, Valley Cottage, NY, USA, 10989
CreditRiskMonitor.com Inc is engaged in the provision of business-to-business Internet-based services for credit and supply chain and financial professionals. The services include financial risk analysis and news service. It provides its services to entities based in the United States. In addition, it is also involved in the re-distribution of international credit reports in the United States.
Executives
Lisa A. Reisman director 704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Brigitte W. Muehlmann director 704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Richard A Lippe director 9 NOME DRIVE, WOODBURY NY 11797
Michael Ilan Flum officer: SR. VICE PRESIDENT & COO 704 EXECUTIVE BLVD SUITE A, VALLEY COTTAGE NY 10989
William B Danner officer: Chief Operating Officer 704 EXECUTIVE BLVD., VALLEY COTTAGE NY 10989
Lawrence Fensterstock officer: Snr. VP, CFO and Secretary 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Joshua Matthew Flum director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Andrew Joseph Melnick director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Jeffrey S Geisenheimer director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Richard Joseph James director 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Leslie Charm director 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Jerome S Flum director, 10 percent owner, officer: COB, CEO & President 110 JERICHO TURNPIKE, SUITE 202, FLORAL PARK NY 11001
Partners Flum 10 percent owner 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989

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