GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Iveda Solutions Inc (NAS:IVDA) » Definitions » Effective Interest Rate on Debt %

Iveda Solutions (Iveda Solutions) Effective Interest Rate on Debt % : 2.66% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Iveda Solutions 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. Iveda Solutions's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.02 Mil. Iveda Solutions's average total debt for the quarter that ended in Mar. 2024 was $0.60 Mil. Therefore, Iveda Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.66%.


Iveda Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Iveda Solutions'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.

Iveda Solutions Effective Interest Rate on Debt % Chart

Iveda Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.30 48.84 39.85 9.11 1.39

Iveda Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.76 3.46 3.43 1.52 2.66

Competitive Comparison of Iveda Solutions's Effective Interest Rate on Debt %

For the Security & Protection Services subindustry, Iveda Solutions'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.


Iveda Solutions's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Iveda Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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



Iveda Solutions Effective Interest Rate on Debt % Calculation

Iveda Solutions'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  *  -0.007/( (0.655+0.349)/ 2 )
=-1  *  -0.007/0.502
=1.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.191 + 0.464
=0.655

Iveda Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.016/( (0.349+0.856)/ 2 )
=-1  *  -0.016/0.6025
=2.66 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.48 + 0.376
=0.856

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


Iveda Solutions  (NAS:IVDA) Effective Interest Rate on Debt % Explanation

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


Iveda Solutions Effective Interest Rate on Debt % Related Terms

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


Iveda Solutions (Iveda Solutions) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).
Executives
Joe Farnsworth director 460 SOUTH GREENFIELD ROAD, MESA AZ 85206
Chi-kuang Sid Sung officer: President 7098 PHYLLIS AVENUE, SAN JOSE CA 95129
Squirrel-away Llc director 7500 E PINNACLE PEAK ROAD, SUITE A-106, SCOTTSDALE AZ 85255
Robert J Brilon officer: CFO/Exec. V.P. 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Brian Lee Duling officer: CFO/Treasurer 1201 S. ALMA ROAD, SUITE 8500, MESA AZ 85210
Luz Berg officer: Chief Operating Officer & CMO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Robert Gillen director 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Alejandro Franco director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Richard Casper Gibson officer: SVP of Global Sales & Support 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Lynne Phillis officer: Controller 1201 S ALMA SCHOOL RD, SUITE 4450, MESA AZ 85210
David Ly director, 10 percent owner, officer: President and CEO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Alex Kuo officer: See remarks 210-2101 W 38TH AVENUE, VANCOUVER A1 V6M 1R9
William M Walsh 10 percent owner 117 NORTH 2ND AVENUE, STERLING CO 80751
Steven G Wollach officer: Chief Financial Officer C/O INTERACTIVE OBJECTS INC, 214 PINE STREET SUITE 800, SEATTLE WA 98101
James D Staudohar director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210