GURUFOCUS.COM » STOCK LIST » Technology » Software » Auddia Inc (NAS:AUUD) » Definitions » Effective Interest Rate on Debt %

Auddia (Auddia) Effective Interest Rate on Debt % : 19.92% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Auddia 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. Auddia's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.61 Mil. Auddia's average total debt for the quarter that ended in Mar. 2024 was $3.07 Mil. Therefore, Auddia's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 19.92%.


Auddia Effective Interest Rate on Debt % Historical Data

The historical data trend for Auddia'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.

Auddia Effective Interest Rate on Debt % Chart

Auddia Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 18.82 15.83 70.99 9.74 55.45

Auddia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 64.79 88.61 39.36 26.32 19.92

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

For the Software - Application subindustry, Auddia'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.


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

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

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



Auddia Effective Interest Rate on Debt % Calculation

Auddia'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  *  -1.331/( (1.776+3.025)/ 2 )
=-1  *  -1.331/2.4005
=55.45 %

where

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.612/( (3.025+3.119)/ 2 )
=-1  *  -0.612/3.072
=19.92 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.073 + 3.046
=3.119

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


Auddia  (NAS:AUUD) Effective Interest Rate on Debt % Explanation

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


Auddia Effective Interest Rate on Debt % Related Terms

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


Auddia (Auddia) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Auddia Inc (NAS:AUUD) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
N/A
Address
2100 Central Avenue, Suite 200, Boulder, CO, USA, 80301
Auddia Inc is a technology company that is engaged in radio broadcasts and streaming audio content digitally. Its products include Auddia App which is a subscription-based commercial-free AM/FM software application, and0 Vodacast is an interactive podcasting platform and application. The company generates revenue through subscription fees from customers accessing the company's cloud-based computing services and advertisement services.
Executives
Timothy Jerald Ackerman officer: Chief Financial Officer 2100 CENTRAL AVE, SUITE 200, BOULDER CO 80301
Jeffrey John Thramann director, 10 percent owner, officer: Executive Chairman 8580 STRAWBERRY LANE, NIWOT CO 80503
Brain Joseph Hoff officer: Chief Financial Officer 5755 CENTRAL AVE., SUITE C, BOULDER CO 80301
Thomas Carl Birch director 7120 TRENTON RIDGE CT., RALEIGH NC 27613
Stephen Deitsch director 1600 BROADWAY, SUITE 700, DENVER CO 80202
Richard W Liebman officer: Chief Financial Officer 5755 CENTRAL AVE, SUITE C, BOULDER CO 80301
Michael Thomas Lawless director, officer: Chief Executive Officer 4383 SCARSDALE PLACE, BOULDER CO 80301
Timothy J. Hanlon director 1040 BRECKENRIDGE AVE., LAKE FOREST IL 60045
Peter Shoebridge officer: Chief Technology Officer 5755 CENTRAL AVE, SUITE C, BOULDER CO 80301
Richard Michael Minicozzi 10 percent owner 6008 HOOD HOLLOW, AUSTIN TX 78731