Railtown AI Technologies (XCNQ:RAIL) Effective Interest Rate on Debt % : 11.48% (As of Dec. 2024)

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What is Railtown AI Technologies 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. Railtown AI Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was C$0.01 Mil. Railtown AI Technologies's average total debt for the quarter that ended in Dec. 2024 was C$0.10 Mil. Therefore, Railtown AI Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 11.48%.

Railtown AI Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Railtown AI Technologies'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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Railtown AI Technologies Effective Interest Rate on Debt % Chart

Railtown AI Technologies Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Effective Interest Rate on Debt %

4.24

31.38

22.90

Railtown AI Technologies Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													4.97	33.10	55.46	-67.56	11.48

Competitive Comparison of Railtown AI Technologies's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, Railtown AI Technologies'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.

Railtown AI Technologies's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

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Railtown AI Technologies Effective Interest Rate on Debt % Calculation

Railtown AI Technologies'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 * -0.068	/	( (0.485	+	0.109)	/ 2 )
=	-1 * -0.068	/	0.297
=	22.90 %

where

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.455	+	0.03
=	0.485

	Total Debt (A: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.073	+	0.036
=	0.109

Railtown AI Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.012	/	( (0.109	+	0.1)	/ 2 )
=	-1 * -0.012	/	0.1045
=	11.48 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.073	+	0.036
=	0.109

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.063	+	0.037
=	0.1

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

Railtown AI Technologies (XCNQ:RAIL) Effective Interest Rate on Debt % Explanation

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

Railtown AI Technologies Effective Interest Rate on Debt % Related Terms

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Railtown AI Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Railtown AI Technologies Inc (XCNQ:RAIL) » Definitions » Effective Interest Rate on Debt %

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RLAIF:USA S39:Germany

Address

8337 Eastlake Drive, Unit 104, Burnaby, BC, CAN, V5A 4W2

Website

https://www.railtown.ai

Railtown AI Technologies Inc is engaged in the business of developing a software-as-a-service artificial intelligence solution that helps software development teams detect, analyze, and fix errors quickly in their development projects. Its Platform allows for real-time exception monitoring and alerting which permits developers, team managers, and executives to quickly locate, understand. and correct errors in their software development projects and their root causes, thereby preventing system and application downtimes.

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