Axway Software (XPAR:AXW) Effective Interest Rate on Debt % : 4.89% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Axway Software 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. Axway Software's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €5.3 Mil. Axway Software's average total debt for the quarter that ended in Dec. 2023 was €108.9 Mil. Therefore, Axway Software's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.89%.

Axway Software Effective Interest Rate on Debt % Historical Data

The historical data trend for Axway Software'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.

Axway Software Effective Interest Rate on Debt % Chart

Axway Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.95

1.93

1.57

1.98

4.11

Axway Software Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.57	1.48	2.47	3.90	4.89

Competitive Comparison of Axway Software's Effective Interest Rate on Debt %

For the Software - Application subindustry, Axway Software'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.

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

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

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

Axway Software Effective Interest Rate on Debt % Calculation

Axway Software'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 * -4.794	/	( (117.254	+	116.203)	/ 2 )
=	-1 * -4.794	/	116.7285
=	4.11 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	108.267	+	8.987
=	117.254

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	107.889	+	8.314
=	116.203

Axway Software's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -5.326	/	( (101.537	+	116.203)	/ 2 )
=	-1 * -5.326	/	108.87
=	4.89 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	91.678	+	9.859
=	101.537

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	107.889	+	8.314
=	116.203

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Axway Software (XPAR:AXW) Effective Interest Rate on Debt % Explanation

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

Axway Software Effective Interest Rate on Debt % Related Terms

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

Axway Software (XPAR:AXW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Axway Software (XPAR:AXW) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

1XV:Germany

Address

16220 N Scottsdale Road, Suite 500, Scottsdale, AZ, USA, 85254

Website

https://www.axway.com

Axway Software is a France-based company involved in the Software Application division. The business activity of the group includes publishing, sale, distribution, installation and maintenance of software packages; design and development of software programme, the sale of IT systems and hardware, and provides related services, training, consultancy, and hosting. The company's core product, named AMPLIFY, is a cloud-enabled data integration and engagement platform, which enables businesses to manage the customer experience networks. Geographically, the business presence of the firm is seen across the region of Rest of Europe, Americas, France, and Asia Pacific region.

Axway Software (XPAR:AXW) Headlines

No Headlines