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Altron (FRA:RY7A) Effective Interest Rate on Debt % : 11.57% (As of Feb. 2025)


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What is Altron 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. Altron's annualized positive value of Interest Expense for the quarter that ended in Feb. 2025 was €10.0 Mil. Altron's average total debt for the quarter that ended in Feb. 2025 was €86.2 Mil. Therefore, Altron's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 was 11.57%.


Altron Effective Interest Rate on Debt % Historical Data

The historical data trend for Altron'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.

Altron Effective Interest Rate on Debt % Chart

Altron 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 7.69 8.19 9.34 10.31 10.62

Altron Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 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 10.43 11.48 10.00 9.60 11.57

Competitive Comparison of Altron's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, Altron'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.


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

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

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


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Altron Effective Interest Rate on Debt % Calculation

Altron'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  *  -9.196/( (85.209+87.904)/ 2 )
=-1  *  -9.196/86.5565
=10.62 %

where

Total Debt  (A: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.302 + 28.907
=85.209

Total Debt  (A: Feb. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49.355 + 38.549
=87.904

Altron'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: Aug. 2024 )+Total Debt  (Q: Feb. 2025 ))/ count )
=-1  *  -9.974/( (84.489+87.904)/ 2 )
=-1  *  -9.974/86.1965
=11.57 %

where

Total Debt  (Q: Aug. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.927 + 36.562
=84.489

Total Debt  (Q: Feb. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49.355 + 38.549
=87.904

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


Altron  (FRA:RY7A) Effective Interest Rate on Debt % Explanation

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


Altron Effective Interest Rate on Debt % Related Terms

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Altron Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Altron Ltd (FRA:RY7A) » Definitions » Effective Interest Rate on Debt %
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Address
20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191
Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.

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