Treasure Global (Treasure Global) Effective Interest Rate on Debt % : 15.38% (As of Mar. 2024)

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What is Treasure Global 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. Treasure Global's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.01 Mil. Treasure Global's average total debt for the quarter that ended in Mar. 2024 was $0.08 Mil. Therefore, Treasure Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 15.38%.

Treasure Global Effective Interest Rate on Debt % Historical Data

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

Treasure Global Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

7.95

16.11

13.90

Treasure Global Quarterly Data
	Jun20	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										11.67	34.64	25.79	28.69	15.38

Competitive Comparison of Treasure Global's Effective Interest Rate on Debt %

For the Software - Application subindustry, Treasure Global'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.

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

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

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

Treasure Global Effective Interest Rate on Debt % Calculation

Treasure Global's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -1.385	/	( (14.893	+	5.028)	/ 2 )
=	-1 * -1.385	/	9.9605
=	13.90 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.079	+	14.814
=	14.893

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.03	+	4.998
=	5.028

Treasure Global'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 * -0.012	/	( (0.055	+	0.101)	/ 2 )
=	-1 * -0.012	/	0.078
=	15.38 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.016	+	0.039
=	0.055

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.013	+	0.088
=	0.101

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.

Treasure Global (NAS:TGL) Effective Interest Rate on Debt % Explanation

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

Treasure Global Effective Interest Rate on Debt % Related Terms

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Treasure Global (Treasure Global) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

276 5th Avenue, Suite 704 Number 739, New York, NY, USA, 10001

Website

https://www.treasureglobal.co

Treasure Global Inc has created an online-to-offline e-commerce platform business model offering consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. Its product is an internet application branded ZCITY app, that targets consumers by providing personalized deals based on consumers' purchase history, location and preferences.

Executives

Ai Lab Martech Sdn Bhd	10 percent owner	MENARA K1, UNIT 13A-15, LEVEL 13A, MENARA K1, NO. 1 LORONG 3/137C, KUALA LUMPUR N8 58200
Meng Chun Chan	officer: CHIEF FINANCIAL OFFICER	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Chong Chan Teo	director, officer: Chief Executive Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Yi Hui Ho	director	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Voon Him Hoo	director	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Su Chen Chuah	officer: Chief Operating Officer	NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Jeremy Roberts	director	276 5TH AVENUE, SUITE 704 #7439, NEW YORK NY 10001
Su Huay Chuah	officer: Chief Marketing Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Kok Pin Tan	officer: Former Chief Executive Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Chen Hoe Sam	officer: Chief Technology Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Jau Long Ooi	officer: Vice President	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Yee Fei Chan	officer: Chief Financial Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Marco Baccanello	director	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Tophill Holding Sdn. Bhd.	10 percent owner	NO 32A-2, JALAN TEKNOLOGI 3/6C TAMAN, SAINS 1 SEKSYEN 3 KOTA DAMANSARA, PETALING JAYA, SELANGOR N8 47810