GIT (Going International Holding Co) Effective Interest Rate on Debt %: 1.07% (As of Mar. 2025)


What is Going International Holding Co Effective Interest Rate on Debt %?

Going International Holding Co GIT Effective Interest Rate on Debt % is 1.07% as of Mar. 2025.

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. Going International Holding Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $0.03 Mil. Going International Holding Co's average total debt for the quarter that ended in Mar. 2025 was $3.00 Mil. Therefore, Going International Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 1.07%.

Going International Holding Co  (NAS:GIT) Effective Interest Rate on Debt % Explanation

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

Going International Holding Co Effective Interest Rate on Debt % Related Terms

Going International Holding Co Effective Interest Rate on Debt % Historical Data

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The historical data trend for Going International Holding Co'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.

Going International Holding Co Effective Interest Rate on Debt % Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
3.69 0.65 3.31

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial 2.00 4.05 0.00 11.13 1.07

GIT vs : Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Going International Holding Co'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.

Going International Holding Co Effective Interest Rate on Debt % vs Software Industry

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

* The bar in red indicates where Going International Holding Co's Effective Interest Rate on Debt % falls into.


Going International Holding Co Effective Interest Rate on Debt % Calculation

Going International Holding Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -0.068/( (1.398+2.716)/ 2 )
=-1  *  -0.068/2.057
=3.31 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.01 + 0.388
=1.398

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.668 + 1.048
=2.716

Going International Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -0.032/( (3.147+2.849)/ 2 )
=-1  *  -0.032/2.998
=1.07 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.416 + 1.731
=3.147

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.954 + 0.895
=2.849

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

What does a Effective Interest Rate on Debt % of 1.07% mean?
Going International Holding Co (GIT) has a Effective Interest Rate on Debt % of 1.07% as of Mar. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Going International Holding Co and its competitors.
Is Going International Holding Co's Effective Interest Rate on Debt % too high?
Going International Holding Co's current Effective Interest Rate on Debt % is 1.07%.
How does Going International Holding Co's Effective Interest Rate on Debt % compare to ?
Going International Holding Co's Effective Interest Rate on Debt % of 1.07% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Software company?
A good Effective Interest Rate on Debt % depends on the Software industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Going International Holding Co and its competitors. Going International Holding Co's current Effective Interest Rate on Debt % is 1.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Going International Holding Co stock overvalued right now?
Going International Holding Co (GIT) has a current Effective Interest Rate on Debt % of 1.07%. The current Effective Interest Rate on Debt % is 1.07%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Going International Holding Co (GIT), the current Effective Interest Rate on Debt % is 1.07% as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Going International Holding Co Business Description

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Address No. 3099 Keyuan South Road, Yuehai Street, 46F, China Energy Storage Building, High-tech Zone Community, Nanshan District, Shenzhen, CHN
Going International Holding Co Ltd is a back-testing solution engaged in quantitative trading strategies development and related services. It offers back-testing SaaS platform, enterprise management SaaS solutions and software system development services. Back-testing SaaS platform integrates data, strategies, and distributed task scheduling for computing power resources to provide customers with high-performance back-testing tools and computing power services to test the effectiveness of investment strategies. Enterprise management SaaS products offer innovative and comprehensive functionalities including omni-channel marketing, customer relationship management, and business reporting.