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SSC Security Services (TSXV:SECU) Effective Interest Rate on Debt % : 9.20% (As of Mar. 2025)


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What is SSC Security Services 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. SSC Security Services's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was C$0.3 Mil. SSC Security Services's average total debt for the quarter that ended in Mar. 2025 was C$3.1 Mil. Therefore, SSC Security Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 9.20%.


SSC Security Services Effective Interest Rate on Debt % Historical Data

The historical data trend for SSC Security Services'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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SSC Security Services Effective Interest Rate on Debt % Chart

SSC Security Services Annual Data
Trend Mar15 Mar16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 4.49 2.40 9.72 12.01

SSC Security Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.18 11.20 11.59 8.99 9.20

Competitive Comparison of SSC Security Services's Effective Interest Rate on Debt %

For the Security & Protection Services subindustry, SSC Security Services'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.


SSC Security Services's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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


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SSC Security Services Effective Interest Rate on Debt % Calculation

SSC Security Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2023 )+Total Debt  (A: Sep. 2024 ))/ count )
=-1  *  -0.193/( (1.745+1.468)/ 2 )
=-1  *  -0.193/1.6065
=12.01 %

where

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.847 + 0.898
=1.745

Total Debt  (A: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.69 + 0.778
=1.468

SSC Security Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -0.284/( (3.07+3.104)/ 2 )
=-1  *  -0.284/3.087
=9.20 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.505 + 0.565
=3.07

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.423 + 0.681
=3.104

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


SSC Security Services  (TSXV:SECU) Effective Interest Rate on Debt % Explanation

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


SSC Security Services Effective Interest Rate on Debt % Related Terms

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SSC Security Services Business Description

Traded in Other Exchanges
Address
1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6
SSC Security Services Corp is a provider of physical and cyber security services to corporate and public sector clients across Canada. The company operates in three segments which include Security, Legacy Operations, and Corporate, and the majority of its revenue is generated from The security segment.
Executives
Bradley Douglas Farquhar Director
Gordon Nystuen Senior Officer
Doug Emsley Director, Director or Senior Officer of 10% Security Holder, Senior Officer
David Brown Director

SSC Security Services Headlines