PSSR (PASSUR Aerospace) Effective Interest Rate on Debt %: 9.69% (As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
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What is PASSUR Aerospace Effective Interest Rate on Debt %?

PASSUR Aerospace PSSR 12 Effective Interest Rate on Debt % is 9.69% as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

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. PASSUR Aerospace's annualized positive value of Interest Expense for the quarter that ended in Jul. 2022 was $1.21 Mil. PASSUR Aerospace's average total debt for the quarter that ended in Jul. 2022 was $12.47 Mil. Therefore, PASSUR Aerospace's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2022 was 9.69%.


PASSUR Aerospace  (OTCPK:PSSR) Effective Interest Rate on Debt % Explanation

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


PASSUR Aerospace Effective Interest Rate on Debt % Related Terms


PASSUR Aerospace Effective Interest Rate on Debt % Historical Data

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The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Effective Interest Rate on Debt % Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.26 6.82 9.94 9.31 9.50

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 9.68 9.64 9.58 9.15 9.69

PSSR vs BANT, HWKE, RTX: Effective Interest Rate on Debt % Comparison

For the Aerospace & Defense subindustry, PASSUR Aerospace'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.


PASSUR Aerospace Effective Interest Rate on Debt % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, PASSUR Aerospace's Effective Interest Rate on Debt % distribution charts can be found below:

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


PSSR
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PASSUR Aerospace Inc PSSR
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace Effective Interest Rate on Debt % Calculation

PASSUR Aerospace's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2020 )+Total Debt  (A: Oct. 2021 ))/ count )
=-1  *  -1.057/( (11.133+11.109)/ 2 )
=-1  *  -1.057/11.121
=9.50 %

where

Total Debt  (A: Oct. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.964 + 0.169
=11.133

Total Debt  (A: Oct. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.023 + 0.086
=11.109

PASSUR Aerospace's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2022 )+Total Debt  (Q: Jul. 2022 ))/ count )
=-1  *  -1.208/( (12.077+12.853)/ 2 )
=-1  *  -1.208/12.465
=9.69 %

where

Total Debt  (Q: Apr. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.987 + 0.09
=12.077

Total Debt  (Q: Jul. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.763 + 0.09
=12.853

* 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 four times the quarterly (Jul. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 9.69% mean?
PASSUR Aerospace (PSSR) has a Effective Interest Rate on Debt % of 9.69% as of Jul. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Effective Interest Rate on Debt % too high?
PASSUR Aerospace's current Effective Interest Rate on Debt % is 9.69%. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Effective Interest Rate on Debt % compare to BANT and HWKE?
PASSUR Aerospace's Effective Interest Rate on Debt % of 9.69% can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Aerospace & Defense company?
A good Effective Interest Rate on Debt % depends on the Aerospace & Defense industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on PASSUR Aerospace and its competitors. PASSUR Aerospace's current Effective Interest Rate on Debt % is 9.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Effective Interest Rate on Debt % of 9.69%. The current Effective Interest Rate on Debt % is 9.69%. PASSUR Aerospace's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For PASSUR Aerospace (PSSR), the current Effective Interest Rate on Debt % is 9.69% as of Jul. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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