4iG Nyrt (BUD:4IG) Effective Interest Rate on Debt % : 12.70% (As of Mar. 2024)

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What is 4iG Nyrt 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. 4iG Nyrt's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was Ft115,720 Mil. 4iG Nyrt's average total debt for the quarter that ended in Mar. 2024 was Ft911,189 Mil. Therefore, 4iG Nyrt's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.70%.

4iG Nyrt Effective Interest Rate on Debt % Historical Data

The historical data trend for 4iG Nyrt'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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4iG Nyrt Effective Interest Rate on Debt % Chart

4iG Nyrt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.74

1.41

1.08

6.69

8.68

4iG Nyrt 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															11.29	3.52	16.13	-1.24	12.70

Competitive Comparison of 4iG Nyrt's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, 4iG Nyrt'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.

4iG Nyrt's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, 4iG Nyrt's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 4iG Nyrt's Effective Interest Rate on Debt % falls into.

4iG Nyrt Effective Interest Rate on Debt % Calculation

4iG Nyrt'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 * -59852	/	( (475610	+	903713)	/ 2 )
=	-1 * -59852	/	689661.5
=	8.68 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	458842	+	16768
=	475610

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	866532	+	37181
=	903713

4iG Nyrt'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 * -115720	/	( (903713	+	918665)	/ 2 )
=	-1 * -115720	/	911189
=	12.70 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	866532	+	37181
=	903713

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	874902	+	43763
=	918665

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.

4iG Nyrt (BUD:4IG) Effective Interest Rate on Debt % Explanation

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

4iG Nyrt Effective Interest Rate on Debt % Related Terms

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4iG Nyrt (BUD:4IG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 4iG Nyrt (BUD:4IG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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Address

Montevideo Street 8, Budapest, HUN, 1037

Website

https://www.4ig.hu

4iG Nyrt operates in the software application industry in Hungary. The company is engaged in project management and professional quality assurance, operation of database and application servers, oracle ERP and CMS development, implementation and operate ECM solutions, and account management consultancy. It operates through the following segments: IT services and trade; Telecommunications and Other activities. The company generates maximum revenue from the Telecommunications segment.

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