IBEX (IBEX) Effective Interest Rate on Debt % : 0.67% (As of Mar. 2024)

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What is IBEX 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. IBEX's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.5 Mil. IBEX's average total debt for the quarter that ended in Mar. 2024 was $73.6 Mil. Therefore, IBEX's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.67%.

IBEX Effective Interest Rate on Debt % Historical Data

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

IBEX Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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8.00

7.95

8.09

7.83

0.16

IBEX Quarterly Data
	Jun19	Sep19	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															0.48	-	0.54	0.58	0.67

Competitive Comparison of IBEX's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, IBEX'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.

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

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

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

IBEX Effective Interest Rate on Debt % Calculation

IBEX'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 * -0.152	/	( (105.542	+	78.903)	/ 2 )
=	-1 * -0.152	/	92.2225
=	0.16 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	76.655	+	28.887
=	105.542

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	65.454	+	13.449
=	78.903

IBEX'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 * -0.496	/	( (77.015	+	70.138)	/ 2 )
=	-1 * -0.496	/	73.5765
=	0.67 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	62.966	+	14.049
=	77.015

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56.48	+	13.658
=	70.138

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.

IBEX (NAS:IBEX) Effective Interest Rate on Debt % Explanation

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

IBEX Effective Interest Rate on Debt % Related Terms

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IBEX (IBEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IBEX Ltd (NAS:IBEX) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

IB7:Germany

Address

Crawford House, 50 Cedar Avenue, Hamilton, BMU, HM 11

Website

https://www.ibex.co

IBEX Ltd is an end-to-end provider of technology-enabled customer lifecycle experience (CLX) solutions to optimize customer acquisition, engagement, expansion, and experience for its clients. IBEX operates through the Business process outsourcing segment. Its services cover three areas: Digital and omni-channel Customer Experience (ibex Connect), Digital Marketing and E-Commerce (ibex Digital) and Digital CX surveys and analytics (ibex CX). It caters to a broad range of industries, such as telecommunications, cable, financial services, and healthcare.

Executives

Taylor C Greenwald	officer: Chief Financial Officer	C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BOULEVARD, 3RD FLOOR, BRIDGEWATER NJ 08807
Michael Joseph Darwal	officer: Interim CFO and EVP, IR	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Resource Group International Ltd	director, 10 percent owner	CRAWFORD HOUSE,, 50 CEDAR AVENUE, HAMILTON D0 HM 11
Pinebridge Global Emerging Markets Partners Ii, L.p.	director, 10 percent owner	65 EAST 55TH STREET, NEW YORK NY 10022
Robert Thomas Dechant	director, officer: Chief Executive Officer	350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Kevin Clowe	10 percent owner	C/O PINEBRIDGE GEM II G.P., L.P., 65 EAST 55TH STREET, NEW YORK NY 10022
Pierre Mellinger	10 percent owner	C/O PINEBRIDGE GEM II G.P., L.P., 65 EAST 55TH STREET, NEW YORK NY 10022
Mohammedulla Khaishgi	director	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
John Leone	director, 10 percent owner	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
James Dominic Ferrato	officer: Chief Information Officer	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Paul Joseph Inson	officer: Chief People Officer	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
David Martin Afdahl	officer: Chief Operating Officer	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Julie K Casteel	officer: Chief Sales/Marketing Officer	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Jeffrey Hays Cox	officer: President of IBEX Digital	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Bruce Neil Dawson	officer: Chief Sales and CS Officer	1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006