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Arma Services (Arma Services) Effective Interest Rate on Debt % : 0.00% (As of Jul. 2023)


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What is Arma Services 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. Arma Services's annualized positive value of Interest Expense for the quarter that ended in Jul. 2023 was $0.00 Mil. Arma Services's average total debt for the quarter that ended in Jul. 2023 was $1.01 Mil. Therefore, Arma Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 was 0.00%.


Arma Services Effective Interest Rate on Debt % Historical Data

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

Arma Services Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Effective Interest Rate on Debt %
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Arma Services Quarterly Data
Jan18 Jul18 Oct18 Jan19 Jul19 Oct19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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Competitive Comparison of Arma Services's Effective Interest Rate on Debt %

For the Lumber & Wood Production subindustry, Arma Services'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.


Arma Services's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arma Services's Effective Interest Rate on Debt % distribution charts can be found below:

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



Arma Services Effective Interest Rate on Debt % Calculation

Arma Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2021 )+Total Debt  (A: Oct. 2022 ))/ count )
=-1  *  0/( (0.021+0.027)/ 2 )
=-1  *  0/0.024
=0.00 %

where

Arma Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2023 )+Total Debt  (Q: Jul. 2023 ))/ count )
=-1  *  0/( (1.078+0.935)/ 2 )
=-1  *  0/1.0065
=0.00 %

where

Total Debt  (Q: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.908 + 0.17
=1.078

Total Debt  (Q: Jul. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.908 + 0.027
=0.935

* 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 (Jul. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Arma Services  (OTCPK:ARMV) Effective Interest Rate on Debt % Explanation

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


Arma Services Effective Interest Rate on Debt % Related Terms

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Arma Services (Arma Services) Business Description

Traded in Other Exchanges
N/A
Address
7260 West Azure Drive, Suite 140-920, Las Vegas, NV, USA, 89130
Arma Services Inc is a shell company.

Arma Services (Arma Services) Headlines