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PaySign (PaySign) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is PaySign 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. PaySign's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. PaySign's average total debt for the quarter that ended in Mar. 2024 was $3.27 Mil. Therefore, PaySign's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


PaySign Effective Interest Rate on Debt % Historical Data

The historical data trend for PaySign'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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PaySign Effective Interest Rate on Debt % Chart

PaySign Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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PaySign Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of PaySign's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, PaySign'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.


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

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

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



PaySign Effective Interest Rate on Debt % Calculation

PaySign'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  *  0/( (3.673+3.312)/ 2 )
=-1  *  0/3.4925
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.312 + 0.361
=3.673

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.928 + 0.384
=3.312

PaySign'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/( (3.312+3.218)/ 2 )
=-1  *  0/3.265
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.928 + 0.384
=3.312

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.829 + 0.389
=3.218

* 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.


PaySign  (NAS:PAYS) Effective Interest Rate on Debt % Explanation

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


PaySign Effective Interest Rate on Debt % Related Terms

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PaySign (PaySign) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PaySign Inc (NAS:PAYS) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
N/A
Address
2615 St. Rose Parkway, Henderson, NV, USA, 89052
PaySign Inc is a provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services and integrated payment processing designed for businesses, consumers and government institutions. The Company creates customized, payment solutions for clients across industries, including pharmaceutical, healthcare, hospitality and retail. The company's revenues include fees generated from cardholder fees, interchange, card program management fees, transaction claims processing fees, and settlement income.
Executives
Robert Strobo officer: Secretary 1700 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89012
Bruce A Mina director 1700 W. HORIZON RIDGE PKWY, #200, HENDERSON NV 89012
Jeffery Bradford Baker officer: CFO 3101 HOWELL MILL RD., UNIT 223, ATLANTA GA 3
Matthew Louis Lanford officer: COO, President 11859 TAVEMA AVE,, LAS VEGAS NV 89138
Joan M Herman officer: Chief Operating Officer 1700 W. HORIZON RIDGE PARKWAY #200, HENDERSON NV 89012
Mark Newcomer director, 10 percent owner, officer: President & CEO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Daniel Spence director, 10 percent owner, officer: CIO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Jeffrey B Newman director C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Mark Kenneth Attinger officer: CFO 34522 N.SCOTTSDALE ROAD, SUITE 120-492, SCOTTSDALE AZ 85266
Quinn P Williams director 2375 E. CAMELBACK ROAD, STE. 700, PHOENIX AZ 85016
Daniel R Henry director 13160 BIRCH, OVERLAND PARK KS 66211
Dennis L Triplett director 1700 HORIZON RIDGE PARKWAY, #200, HENDERSON NV 89012
Brian Polan officer: Chief Financial Officer 1700 W. HORIZON RIDGE PARKWAY, SUITE 201, HENDERSON NV 89012
Anthony E Deprima director, officer: Secretary
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123