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

View and export this data going back to 2004. Start your Free Trial

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.

* Premium members only.

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

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															-	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

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

Thank you for viewing the detailed overview of Loqus Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Loqus Holdings (MAL:LQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Loqus Holdings PLC (MAL:LQS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

SUB008A, Industrial Estate, San Gwann, MLT, 3000

Website

https://www.loqusgroup.com

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.

Loqus Holdings (MAL:LQS) Headlines

No Headlines