Rubicon Technologies (MEX:RBT) Effective Interest Rate on Debt % : 25.44% (As of Jun. 2024)

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What is Rubicon Technologies 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. Rubicon Technologies's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was MXN656 Mil. Rubicon Technologies's average total debt for the quarter that ended in Jun. 2024 was MXN2,579 Mil. Therefore, Rubicon Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 25.44%.

Rubicon Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Rubicon Technologies'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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Rubicon Technologies Effective Interest Rate on Debt % Chart

Rubicon Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

7.36

11.57

12.09

13.27

22.14

Rubicon Technologies Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										23.80	25.50	24.71	25.93	25.44

Competitive Comparison of Rubicon Technologies's Effective Interest Rate on Debt %

For the Software - Application subindustry, Rubicon Technologies'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.

Rubicon Technologies's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Rubicon Technologies Effective Interest Rate on Debt % Calculation

Rubicon Technologies'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 * -618.66	/	( (2716.865	+	2871.177)	/ 2 )
=	-1 * -618.66	/	2794.021
=	22.14 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1596.352	+	1120.513
=	2716.865

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1651.645	+	1219.532
=	2871.177

Rubicon Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -656.08	/	( (2901.374	+	2256.89)	/ 2 )
=	-1 * -656.08	/	2579.132
=	25.44 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1700.203	+	1201.171
=	2901.374

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	364.057	+	1892.833
=	2256.89

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

Rubicon Technologies (MEX:RBT) Effective Interest Rate on Debt % Explanation

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

Rubicon Technologies Effective Interest Rate on Debt % Related Terms

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Rubicon Technologies Business Description

Industry

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Traded in Other Exchanges

RBTC:USA

Address

100 West Main Street, Suite 610, Lexington, KY, USA, 40507

Website

https://www.rubicon.com

Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

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