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Ryvyl (RVYL) Effective Interest Rate on Debt % : 18.10% (As of Mar. 2024)


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What is Ryvyl 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. Ryvyl's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $3.74 Mil. Ryvyl's average total debt for the quarter that ended in Mar. 2024 was $20.69 Mil. Therefore, Ryvyl's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 18.10%.


Ryvyl Effective Interest Rate on Debt % Historical Data

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

Ryvyl Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.42 94.85 15.83 35.66 39.36

Ryvyl 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.97 25.36 24.83 32.90 18.10

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

For the Software - Infrastructure subindustry, Ryvyl'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.


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

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

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



Ryvyl Effective Interest Rate on Debt % Calculation

Ryvyl'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  *  -16.474/( (63.378+20.324)/ 2 )
=-1  *  -16.474/41.851
=39.36 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62.844 + 0.534
=63.378

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.632 + 0.692
=20.324

Ryvyl'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  *  -3.744/( (20.324+21.055)/ 2 )
=-1  *  -3.744/20.6895
=18.10 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.632 + 0.692
=20.324

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.338 + 0.717
=21.055

* 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.


Ryvyl  (NAS:RVYL) Effective Interest Rate on Debt % Explanation

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


Ryvyl Effective Interest Rate on Debt % Related Terms

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Ryvyl (RVYL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ryvyl Inc (NAS:RVYL) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
N/A
Address
3131 Camino Del Rio North, Suite 1400, San Diego, CA, USA, 92108
Ryvyl Inc is a technology company that develops, markets, and sells blockchain-based payment solutions, which offers improvements to the payment solutions marketplace. It offers blockchain security and USD-pegged stablecoin technology with near-real-time attestation, RYVYL is reinventing financial transactions using its coyni stablecoin platform as a transactional foundation.
Executives
George Oliva officer: Chief Financial Officer 5429 BLACKBIRD DRIVE, PLEASANTON CA 94566
David Montoya director PO BOX 537, WESTPORT CT 06881
Zechariah John Kirscher officer: VP Legal Affairs 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Ezra Laniado director 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Cuilty Sonia Concepcion officer: Senior Compliance Officer 3131 CAMINO DEL RIO N., SUITE 1400, SAN DIEGO CA 92108
Min Wei officer: Chief Operating Officer 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Fredi Nisan director, 10 percent owner, officer: Chief Executive Officer 8880 RIO SAN DIEGO DR., SUITE 102, SAN DIEGO CA 92108
Nancy Adele Hogan director 1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Benjamin J Chung officer: Chief Financial Officer 2218 AVONDALE DRIVE, FULLERTON CA 92833
Jacqueline Dollar officer: Chief Marketing Officer 3131 CAMINO DEL RIO N., SUITE 1400, SAN DIEGO CA 92108
Lindsey Lee officer: VP of Legal Affairs 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Vanessa Luna officer: Chief Operating Officer 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Houghton Robert Jaquette Jr officer: Chief Technology Officer 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Kenneth Haller officer: Senior Vice Pres of Payments 8880 RIO SAN DIEGO DR., SUITE 102, SAN DIEGO CA 92108
Dante Croupe officer: Senior Vice Pres of Payments 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108