GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DATA Communications Management Corp (TSX:DCM) » Definitions » Effective Interest Rate on Debt %

DATA Communications Management (TSX:DCM) Effective Interest Rate on Debt % : 8.63% (As of Dec. 2023)


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

What is DATA Communications Management 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. DATA Communications Management's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$22.7 Mil. DATA Communications Management's average total debt for the quarter that ended in Dec. 2023 was C$262.8 Mil. Therefore, DATA Communications Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.63%.


DATA Communications Management Effective Interest Rate on Debt % Historical Data

The historical data trend for DATA Communications Management'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.

DATA Communications Management Effective Interest Rate on Debt % Chart

DATA Communications Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.46 5.06 6.80 6.98 9.46

DATA Communications Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.50 6.74 10.32 8.49 8.63

Competitive Comparison of DATA Communications Management's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, DATA Communications Management'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.


DATA Communications Management's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DATA Communications Management's Effective Interest Rate on Debt % distribution charts can be found below:

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



DATA Communications Management Effective Interest Rate on Debt % Calculation

DATA Communications Management'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  *  -15.321/( (66.849+257.13)/ 2 )
=-1  *  -15.321/161.9895
=9.46 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.391 + 18.458
=66.849

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=238.911 + 18.219
=257.13

DATA Communications Management'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -22.668/( (268.472+257.13)/ 2 )
=-1  *  -22.668/262.801
=8.63 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=244.624 + 23.848
=268.472

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=238.911 + 18.219
=257.13

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


DATA Communications Management  (TSX:DCM) Effective Interest Rate on Debt % Explanation

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


DATA Communications Management Effective Interest Rate on Debt % Related Terms

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


DATA Communications Management (TSX:DCM) Business Description

Traded in Other Exchanges
Address
9195 Torbram Road, Brampton, ON, CAN, L6S 6H2
DATA Communications Management Corp is a communication solutions partner that adds value for companies across North America by creating connections with their customers. The company serves many brands in the markets including financial services, retail, healthcare, energy, other regulated industries, and the public sector. It generates the majority of its revenue from its product sale. It purchases a product from third-party vendors and resells that to its customers.

DATA Communications Management (TSX:DCM) Headlines

No Headlines