Lectra (XPAR:LSS) Effective Interest Rate on Debt % : 5.37% (As of Sep. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Lectra 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. Lectra's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €7.7 Mil. Lectra's average total debt for the quarter that ended in Sep. 2024 was €143.6 Mil. Therefore, Lectra's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.37%.

Lectra Effective Interest Rate on Debt % Historical Data

The historical data trend for Lectra'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.

Lectra Effective Interest Rate on Debt % Chart

Lectra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.96

0.86

1.17

1.36

3.44

Lectra Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.03	1.71	7.91	5.21	5.37

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

For the Software - Application subindustry, Lectra'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.

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

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

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

Lectra Effective Interest Rate on Debt % Calculation

Lectra'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 * -4.871	/	( (153.645	+	129.307)	/ 2 )
=	-1 * -4.871	/	141.476
=	3.44 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	122.813	+	30.832
=	153.645

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	98.758	+	30.549
=	129.307

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -7.716	/	( (149.907	+	137.372)	/ 2 )
=	-1 * -7.716	/	143.6395
=	5.37 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	116.359	+	33.548
=	149.907

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	114.251	+	23.121
=	137.372

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

Lectra (XPAR:LSS) Effective Interest Rate on Debt % Explanation

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

Lectra Effective Interest Rate on Debt % Related Terms

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

Lectra Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lectra (XPAR:LSS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

0IVJ:UK LET:Germany

Address

16-18, Rue Chalgrin, Paris, FRA, 75016

Website

https://www.lectra.com

Lectra is engaged in the design and development of software, CAD/CAM equipment, and associated services designed for industries using fabrics, leather, technical textiles, and composite materials to manufacture products. The company serves fashion and apparel, automotive, and furniture markets, as well as other industries, such as aeronautical, marine and wind power industries. It operates in Europe, the Americas, the Asia-Pacific, and internationally of which the majority of its revenue is derived from the Europe region.

Lectra Headlines

No Headlines