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Loqus Holdings (MAL:LQS) Effective Interest Rate on Debt % : 6.40% (As of Dec. 2023)


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What is Loqus Holdings 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. Loqus Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.10 Mil. Loqus Holdings's average total debt for the quarter that ended in Dec. 2023 was €1.50 Mil. Therefore, Loqus Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.40%.


Loqus Holdings Effective Interest Rate on Debt % Historical Data

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

Loqus Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.39 19.31 16.74 0.32 4.66

Loqus Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.61 8.00 2.12 6.40

Competitive Comparison of Loqus Holdings's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Loqus Holdings'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.


Loqus Holdings's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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



Loqus Holdings Effective Interest Rate on Debt % Calculation

Loqus Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.076/( (1.62+1.64)/ 2 )
=-1  *  -0.076/1.63
=4.66 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.236 + 0.384
=1.62

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.094 + 1.546
=1.64

Loqus Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.096/( (1.64+1.361)/ 2 )
=-1  *  -0.096/1.5005
=6.40 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.094 + 1.546
=1.64

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.087 + 1.274
=1.361

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Loqus Holdings  (MAL:LQS) Effective Interest Rate on Debt % Explanation

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


Loqus Holdings Effective Interest Rate on Debt % Related Terms

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Loqus Holdings (MAL:LQS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
SUB008A, Industrial Estate, San Gwann, MLT, 3000
Loqus Holdings PLC is a Malta-based company engaged in the provision of fleet management, back-office processing and information and communication solutions. The group operates in Malta, Europe, the Middle East and South Africa, and Australia. The operating segments of the company are Fleet management; Original equipment manufacturers; Back office processing and Projects. The fleet management segment generates the majority of revenue and is engaged in Vehicle and Marine Tracking Systems and Move Logistics Solutions including tailor-made solutions as well as off-the-shelf packages.

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