ReadSoft AB (LTS:0GQO) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2014)

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What is ReadSoft AB 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. ReadSoft AB's annualized positive value of Interest Expense for the quarter that ended in Jun. 2014 was kr2.8 Mil. ReadSoft AB's average total debt for the quarter that ended in Jun. 2014 was kr0.0 Mil. Therefore, ReadSoft AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2014 was N/A%.

ReadSoft AB Effective Interest Rate on Debt % Historical Data

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

ReadSoft AB Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Effective Interest Rate on Debt %

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9.79

8.45

8.32

7.35

ReadSoft AB Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	11.78	4.57	-

Competitive Comparison of ReadSoft AB's Effective Interest Rate on Debt %

For the Software - Application subindustry, ReadSoft AB'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.

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

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

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

ReadSoft AB Effective Interest Rate on Debt % Calculation

ReadSoft AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2012 )	+	Total Debt (A: Dec. 2013 ))	/ count )
=	-1 * -3.603	/	( (36.786	+	61.242)	/ 2 )
=	-1 * -3.603	/	49.014
=	7.35 %

where

	Total Debt (A: Dec. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.085	+	5.701
=	36.786

	Total Debt (A: Dec. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	27.861	+	33.381
=	61.242

ReadSoft AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2014 )	+	Total Debt (Q: Jun. 2014 ))	/ count )
=	-1 * -2.8	/	( (0	+	0)	/ 1 )
=	-1 * -2.8	/	0
=	N/A %

where

	Total Debt (Q: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Jun. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 (Jun. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

ReadSoft AB (LTS:0GQO) Effective Interest Rate on Debt % Explanation

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

ReadSoft AB Effective Interest Rate on Debt % Related Terms

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ReadSoft AB (LTS:0GQO) Business Description

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ReadSoft AB is a Sweden-based company that creates and markets software and services for document automation, processes such as data entry, information verification, document workflows, and e-voicing. The company operates in over 16 countries worldwide, with partnerships in an additional 70. The company offers solutions primarily for industries such as banking, manufacturing, service bureaus, market research, insurance, government, and medical. Major customers include IKEA, Audi, Porsche, Yves Rocher, Swedish Tax, DaimlerChrysler, HSBS Bank, Avon, Bosch, London Underground, New York Transit, Toyota, Volvo, Monoprix, Ericsson, and ING. The company is headquartered in Helsingborg, Sweden. The company offers ReadSoft DOCUMENTS, a complete software platform for document automation. The product incorporates five Automation Areas: Capture, capturing the information in any format and making it ready for electronic processing; Understand, enabling the computer to read, sort, interpret, extract, and index documents electronically; Manage, providing customers with control of electronic documents, including the verification and quality control with archiving and monitoring capabilities; Integrate, integration with the business software; and Interchange, Electronic Data Interchange. Capabilities within each Automation Area are customized to the needs of the customer, and solutions can be expanded to include any required extra capabilities. Also, this software can be integrated with systems such as SAP and Oracle E-Business Suite, Intentia, and IFS. ReadSoft business solutions for specific areas include: ReadSoft Documents for Mailrooms, Documents for EDI, Documents for Invoices, and Documents for Forms. Additionally, the company offers Professional Services such as project management and customization, Solution Optimization, Training, and Technical Support.

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