Gatekeeper Systems (Gatekeeper Systems) Effective Interest Rate on Debt % : 24.96% (As of Feb. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Gatekeeper 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. Gatekeeper Systems's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $0.21 Mil. Gatekeeper Systems's average total debt for the quarter that ended in Feb. 2024 was $0.85 Mil. Therefore, Gatekeeper Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 24.96%.

Gatekeeper Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for Gatekeeper 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.

Gatekeeper Systems Effective Interest Rate on Debt % Chart

Gatekeeper Systems Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

14.25

11.14

8.97

8.29

8.37

Gatekeeper Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															15.25	12.54	8.16	16.89	24.96

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

For the Security & Protection Services subindustry, Gatekeeper 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.

Gatekeeper Systems's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gatekeeper Systems's Effective Interest Rate on Debt % distribution charts can be found below:

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

Gatekeeper Systems Effective Interest Rate on Debt % Calculation

Gatekeeper Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * -0.168	/	( (3.456	+	0.556)	/ 2 )
=	-1 * -0.168	/	2.006
=	8.37 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.571	+	2.885
=	3.456

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.417	+	0.139
=	0.556

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -0.212	/	( (0.865	+	0.834)	/ 2 )
=	-1 * -0.212	/	0.8495
=	24.96 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.663	+	0.202
=	0.865

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.624	+	0.21
=	0.834

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

Gatekeeper Systems (OTCPK:GKPRF) Effective Interest Rate on Debt % Explanation

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

Gatekeeper Systems Effective Interest Rate on Debt % Related Terms

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

Gatekeeper Systems (Gatekeeper Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gatekeeper Systems Inc (OTCPK:GKPRF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

1GK:Germany GSI:Canada

Address

31127 Wheel Avenue, Suite 301, Abbotsford, BC, CAN, V2T 6H1

Website

https://www.gatekeeper-systems.com

Gatekeeper Systems Inc is a provider of intelligent video solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The company uses AI(Artificial intelligence), video analytics, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems for Smart City initiatives. Some of its product categories include interior cameras, exterior cameras, dashboard cameras among others. Geographically, the company generates revenue from United States which is the key revenue generating market, and Canada.