BlackBerry (TSX:BB) Effective Interest Rate on Debt % : 0.00% (As of Aug. 2024)

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What is BlackBerry 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. BlackBerry's annualized positive value of Interest Expense for the quarter that ended in Aug. 2024 was C$0.0 Mil. BlackBerry's average total debt for the quarter that ended in Aug. 2024 was C$339.5 Mil. Therefore, BlackBerry's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 was 0.00%.

BlackBerry Effective Interest Rate on Debt % Historical Data

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

BlackBerry Annual Data

Trend

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Effective Interest Rate on Debt %

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BlackBerry Quarterly Data
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Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	3.23	-

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

For the Software - Infrastructure subindustry, BlackBerry'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.

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

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

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

BlackBerry Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * 0	/	( (596.012	+	340.2)	/ 2 )
=	-1 * 0	/	468.106
=	0.00 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	69.961	+	526.051
=	596.012

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	313.2	+	27
=	340.2

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2024 )	+	Total Debt (Q: Aug. 2024 ))	/ count )
=	-1 * 0	/	( (337.575	+	341.376)	/ 2 )
=	-1 * 0	/	339.4755
=	0.00 %

where

	Total Debt (Q: May. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	310.241	+	27.334
=	337.575

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	318.162	+	23.214
=	341.376

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

BlackBerry (TSX:BB) Effective Interest Rate on Debt % Explanation

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

BlackBerry Effective Interest Rate on Debt % Related Terms

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BlackBerry Business Description

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Address

2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7

Website

https://www.blackberry.com

BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

Executives

Philip Simon Kurtz	Senior Officer
Philip Gordon Brace	Director
Mattias Eriksson	Senior Officer
John Joseph Giamatteo	Senior Officer
Steve Rai	Senior Officer
Marjorie Jill Dickman	Senior Officer
John Chen	Director, Senior Officer
Mark George Wilson	Senior Officer
Nita White-ivy	Senior Officer
Sai Yuen (billy) Ho	Senior Officer
Randall Cook	Senior Officer
Tom Eacobacci	Senior Officer
Wade Sebastian Burton	Director or Senior Officer of 10% Security Holder
Roger Lace	Director or Senior Officer of 10% Security Holder
Steven Capelli	Senior Officer