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Spacetalk (STU:EZY) Effective Interest Rate on Debt % : 12.60% (As of Jun. 2024)


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What is Spacetalk 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. Spacetalk's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €0.41 Mil. Spacetalk's average total debt for the quarter that ended in Jun. 2024 was €3.22 Mil. Therefore, Spacetalk's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 12.60%.


Spacetalk Effective Interest Rate on Debt % Historical Data

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

Spacetalk Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.33 17.51 27.26 10.21 10.90

Spacetalk Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 28.19 13.54 8.56 9.31 12.60

Competitive Comparison of Spacetalk's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Spacetalk'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.


Spacetalk's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spacetalk's Effective Interest Rate on Debt % distribution charts can be found below:

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



Spacetalk Effective Interest Rate on Debt % Calculation

Spacetalk's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -0.355/( (3.3+3.213)/ 2 )
=-1  *  -0.355/3.2565
=10.90 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.239 + 0.061
=3.3

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.049 + 3.164
=3.213

Spacetalk'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: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -0.406/( (3.234+3.213)/ 2 )
=-1  *  -0.406/3.2235
=12.60 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.158 + 0.076
=3.234

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.049 + 3.164
=3.213

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


Spacetalk  (STU:EZY) Effective Interest Rate on Debt % Explanation

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


Spacetalk Effective Interest Rate on Debt % Related Terms

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Spacetalk Business Description

Traded in Other Exchanges
Address
104 Frome Street, Level 2, Adelaide, SA, AUS, 5000
Spacetalk Ltd is a technology company designing, developing, and commercialising smartphone and watch wearables devices for children, and software for school communication and student absence management. Its business segments include Device sales, Schools subscriptions, App subscriptions, Corporate and MVNO subscriptions.

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