K3 Business Technology Group (LSE:KBT) Effective Interest Rate on Debt % : -7.50% (As of Nov. 2024)

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What is K3 Business Technology Group 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. K3 Business Technology Group's annualized positive value of Interest Expense for the quarter that ended in Nov. 2024 was £-0.10 Mil. K3 Business Technology Group's average total debt for the quarter that ended in Nov. 2024 was £1.39 Mil. Therefore, K3 Business Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 was -7.50%.

K3 Business Technology Group Effective Interest Rate on Debt % Historical Data

The historical data trend for K3 Business Technology Group'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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K3 Business Technology Group Effective Interest Rate on Debt % Chart

K3 Business Technology Group Annual Data

Trend

Jun14

Jun15

Jun16

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Effective Interest Rate on Debt %

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4.23

1.27

15.27

26.36

23.07

K3 Business Technology Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-0.40	30.39	-1.35	31.68	-7.50

Competitive Comparison of K3 Business Technology Group's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, K3 Business Technology Group'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.

K3 Business Technology Group's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, K3 Business Technology Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where K3 Business Technology Group's Effective Interest Rate on Debt % falls into.

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K3 Business Technology Group Effective Interest Rate on Debt % Calculation

K3 Business Technology Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2023 )	+	Total Debt (A: Nov. 2024 ))	/ count )
=	-1 * -0.193	/	( (0.996	+	0.677)	/ 2 )
=	-1 * -0.193	/	0.8365
=	23.07 %

where

	Total Debt (A: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.646	+	0.35
=	0.996

	Total Debt (A: Nov. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.497	+	0.18
=	0.677

K3 Business Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2024 )	+	Total Debt (Q: Nov. 2024 ))	/ count )
=	-1 * 0.104	/	( (2.097	+	0.677)	/ 2 )
=	-1 * 0.104	/	1.387
=	-7.50 %

where

	Total Debt (Q: May. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.045	+	2.052
=	2.097

	Total Debt (Q: Nov. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.497	+	0.18
=	0.677

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

K3 Business Technology Group (LSE:KBT) Effective Interest Rate on Debt % Explanation

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

K3 Business Technology Group Effective Interest Rate on Debt % Related Terms

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K3 Business Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » K3 Business Technology Group PLC (LSE:KBT) » Definitions » Effective Interest Rate on Debt %

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Address

50 Kansas Avenue, Baltimore House, Manchester, GBR, M50 2GL

Website

https://www.k3btg.com

K3 Business Technology Group PLC is a business technology group. The company provides integrated business solutions including enterprise resource planning software, customer relationship management software, business intelligence, e-commerce, hosting, and managed services to the supply chain industry. It serves retail, manufacturing, and distribution customers. The company's segments include K3 Own IP, Global Accounts, and Third party products. It has operations in the United Kingdom, Netherlands, Ireland, the Middle East, the Rest of Europe, the USA, and the Rest of the World.

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