Alfa Financial Software Holdings (FRA:A9F) Effective Interest Rate on Debt % : 4.69% (As of Dec. 2023)

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What is Alfa Financial Software Holdings 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. Alfa Financial Software Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.5 Mil. Alfa Financial Software Holdings's average total debt for the quarter that ended in Dec. 2023 was €9.9 Mil. Therefore, Alfa Financial Software Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.69%.

Alfa Financial Software Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Alfa Financial Software Holdings'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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Alfa Financial Software Holdings Effective Interest Rate on Debt % Chart

Alfa Financial Software Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.48

4.23

4.77

4.48

5.74

Alfa Financial Software Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													4.75	4.78	3.11	6.68	4.69

Competitive Comparison of Alfa Financial Software Holdings's Effective Interest Rate on Debt %

For the Software - Application subindustry, Alfa Financial Software Holdings'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.

Alfa Financial Software Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Alfa Financial Software Holdings Effective Interest Rate on Debt % Calculation

Alfa Financial Software Holdings'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 * -0.58	/	( (10.694	+	9.518)	/ 2 )
=	-1 * -0.58	/	10.106
=	5.74 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.199	+	1.495
=	10.694

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.893	+	1.625
=	9.518

Alfa Financial Software Holdings'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.464	/	( (10.256	+	9.518)	/ 2 )
=	-1 * -0.464	/	9.887
=	4.69 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.624	+	1.632
=	10.256

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.893	+	1.625
=	9.518

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

Alfa Financial Software Holdings (FRA:A9F) Effective Interest Rate on Debt % Explanation

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

Alfa Financial Software Holdings Effective Interest Rate on Debt % Related Terms

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Alfa Financial Software Holdings (FRA:A9F) Business Description

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Address

1 Fore Street Avenue, Moor Place, London, GBR, EC2Y 9DT

Website

https://www.alfasystems.com

Alfa Financial Software Holdings PLC is a Developer of software systems and services designed for the global asset and automotive finance industry. The company's technology platform supports both retail and corporate business for auto, equipment, wholesale, and dealer finance on a multijurisdictional basis, including leases/loans, originations, and servicing, enabling finance companies to find compelling solutions.

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