GURUFOCUS.COM » STOCK LIST » Technology » Software » DecisionPoint Systems Inc (OTCPK:DPSIP.PFD) » Definitions » Effective Interest Rate on Debt %

DecisionPoint Systems (DecisionPoint Systems) Effective Interest Rate on Debt % : 10.99% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is DecisionPoint Systems 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. DecisionPoint Systems's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.99 Mil. DecisionPoint Systems's average total debt for the quarter that ended in Mar. 2024 was $9.03 Mil. Therefore, DecisionPoint Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 10.99%.


DecisionPoint Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for DecisionPoint Systems'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.

DecisionPoint Systems Effective Interest Rate on Debt % Chart

DecisionPoint Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.40 8.61 4.32 2.89 17.40

DecisionPoint Systems Quarterly Data
Sep15 Dec17 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 0.56 6.10 5.60 29.67 10.99

Competitive Comparison of DecisionPoint Systems's Effective Interest Rate on Debt %

For the Software - Application subindustry, DecisionPoint Systems'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.


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

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

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



DecisionPoint Systems Effective Interest Rate on Debt % Calculation

DecisionPoint Systems'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  *  -1.156/( (3.381+9.909)/ 2 )
=-1  *  -1.156/6.645
=17.40 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.849 + 0.532
=3.381

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.032 + 1.877
=9.909

DecisionPoint Systems'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  *  -0.992/( (9.909+8.141)/ 2 )
=-1  *  -0.992/9.025
=10.99 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.032 + 1.877
=9.909

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.25 + 1.891
=8.141

* 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.


DecisionPoint Systems  (OTCPK:DPSIP.PFD) Effective Interest Rate on Debt % Explanation

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


DecisionPoint Systems Effective Interest Rate on Debt % Related Terms

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


DecisionPoint Systems (DecisionPoint Systems) Business Description

Traded in Other Exchanges
Address
1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
DecisionPoint Systems Inc is an enterprise mobility systems integrator. It sells and installs mobile computing and wireless systems used both within a company's facilities with wireless networks and in the field using carrier-based wireless networks. The system includes mobile computers, mobile application software, and related data capture equipment including barcode scanners and radio frequency identification readers. It also offers professional services, proprietary and third-party software, and software customization as an integral part of its customized solutions for its customers. Its software's utilized in industries including retail, transportation logistics, management consulting, warehousing, and field service management.