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Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS (IST:OBASE) Effective Interest Rate on Debt % : 29.60% (As of Sep. 2024)


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What is Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS 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. Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₺18.8 Mil. Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's average total debt for the quarter that ended in Sep. 2024 was ₺63.6 Mil. Therefore, Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 29.60%.


Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS'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.

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Effective Interest Rate on Debt % Chart

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
36.71 13.25 9.39 18.70 18.70

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 31.12 18.54 48.09 26.90 29.60

Competitive Comparison of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's Effective Interest Rate on Debt %

For the Software - Application subindustry, Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS'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.


Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's Effective Interest Rate on Debt % falls into.



Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Effective Interest Rate on Debt % Calculation

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS'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  *  -5.752/( (46.314+15.206)/ 2 )
=-1  *  -5.752/30.76
=18.70 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.787 + 41.527
=46.314

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.905 + 14.301
=15.206

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -18.836/( (40.098+87.185)/ 2 )
=-1  *  -18.836/63.6415
=29.60 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 40.098
=40.098

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 87.185
=87.185

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


Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS  (IST:OBASE) Effective Interest Rate on Debt % Explanation

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


Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Effective Interest Rate on Debt % Related Terms

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Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Saray Mah. Site Yolu caddesi, Enkay Plaza, A Blok No:18 K:3, Umraniye, Istanbul, TUR, 34768
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret AS is a software and consulting company. The company offers analytical solutions to manage inventory and supply chain processes, to get real-time insights, and data-driven management support services. It serves Retail, Telecom, Transportation & Logistics, Finance, Manufacturing, Government, and Pharmaceutical industries.

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