Temenos AG (LTS:0QOA) Effective Interest Rate on Debt % : 2.38% (As of Sep. 2024)

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What is Temenos AG 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. Temenos AG's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was CHF17.2 Mil. Temenos AG's average total debt for the quarter that ended in Sep. 2024 was CHF725.8 Mil. Therefore, Temenos AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 2.38%.

Temenos AG Effective Interest Rate on Debt % Historical Data

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

Temenos AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.25

2.33

2.26

2.44

3.03

Temenos AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.29	4.81	1.60	3.41	2.38

Competitive Comparison of Temenos AG's Effective Interest Rate on Debt %

For the Software - Application subindustry, Temenos AG'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.

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

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

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

Temenos AG Effective Interest Rate on Debt % Calculation

Temenos AG'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 * -21.904	/	( (783.292	+	661.291)	/ 2 )
=	-1 * -21.904	/	722.2915
=	3.03 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	593.118	+	190.174
=	783.292

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	492.664	+	168.627
=	661.291

Temenos AG'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 * -17.248	/	( (684.426	+	767.207)	/ 2 )
=	-1 * -17.248	/	725.8165
=	2.38 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	666.568	+	17.858
=	684.426

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	746.952	+	20.255
=	767.207

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.

Temenos AG (LTS:0QOA) Effective Interest Rate on Debt % Explanation

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

Temenos AG Effective Interest Rate on Debt % Related Terms

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Temenos AG Business Description

Industry

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TMSNY:USA TEMNz:UK TEMN:Switzerland

Address

2 Rue de L’Ecole-de-Chimie, Geneva, CHE, 1205

Website

https://www.temenos.com

Temenos AG is a Switzerland-based provider of software systems for banking and other financial services. Its digital banking offerings include corporate banking, investor servicing, retail banking, Islamic banking, Internet and mobile banking, and micro-banking capabilities. Its other offerings include financial crime analysis, payment processing, risk and compliance, portfolio and fund accounting, customer relationship management, data warehousing, and reporting. The firm has operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific.

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