Cerillion (LSE:CER) Effective Interest Rate on Debt % : 3.07% (As of Mar. 2024)

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What is Cerillion 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. Cerillion's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was £0.09 Mil. Cerillion's average total debt for the quarter that ended in Mar. 2024 was £2.94 Mil. Therefore, Cerillion's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.07%.

Cerillion Effective Interest Rate on Debt % Historical Data

The historical data trend for Cerillion'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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Cerillion Effective Interest Rate on Debt % Chart

Cerillion Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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3.51

5.38

2.98

3.30

3.31

Cerillion Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.16	3.46	3.41	3.20	3.07

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

For the Software - Application subindustry, Cerillion'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.

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

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

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

Cerillion Effective Interest Rate on Debt % Calculation

Cerillion'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 * -0.119	/	( (4.026	+	3.158)	/ 2 )
=	-1 * -0.119	/	3.592
=	3.31 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.05	+	0.976
=	4.026

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.178	+	0.98
=	3.158

Cerillion'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: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.09	/	( (3.158	+	2.713)	/ 2 )
=	-1 * -0.09	/	2.9355
=	3.07 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.178	+	0.98
=	3.158

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.92	+	0.793
=	2.713

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

Cerillion (LSE:CER) Effective Interest Rate on Debt % Explanation

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

Cerillion Effective Interest Rate on Debt % Related Terms

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Cerillion (LSE:CER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cerillion PLC (LSE:CER) » Definitions » Effective Interest Rate on Debt %

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Address

25 Bedford Street, London, GBR, WC2E 9ES

Website

https://www.cerillion.com

Cerillion PLC is a charging, billing, and customer relationship management software company. It has Four operating segments include Services revenue, Software, Software-as-a-Service revenue, and Third party. Cerillion generates maximum revenue from the services segment. The services segment relates to revenue from providing services to customers on new implementation projects and enhancements. The software segment relates to support and maintenance revenue derived from people using the software. The software-as-a-service segment relates to monthly subscriptions for a managed service. The geographical segments are Uk & Europe, MEA, Asia Pacific, and the Americas. The majority of revenue is derived from Americas & MEA.

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