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Arvana (Arvana) Effective Interest Rate on Debt % : 5.70% (As of Mar. 2024)


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What is Arvana 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. Arvana's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.06 Mil. Arvana's average total debt for the quarter that ended in Mar. 2024 was $1.12 Mil. Therefore, Arvana's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.70%.


Arvana Effective Interest Rate on Debt % Historical Data

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

Arvana 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 11.93 5.98 4.46 6.25 5.72

Arvana 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 4.74 7.23 6.59 6.33 5.70

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

For the Shell Companies subindustry, Arvana'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.


Arvana's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Arvana's Effective Interest Rate on Debt % distribution charts can be found below:

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



Arvana Effective Interest Rate on Debt % Calculation

Arvana'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  *  -0.059/( (0+1.031)/ 1 )
=-1  *  -0.059/1.031
=5.72 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.84 + 0.191
=1.031

Arvana'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  *  -0.064/( (1.031+1.214)/ 2 )
=-1  *  -0.064/1.1225
=5.70 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.84 + 0.191
=1.031

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.13 + 1.084
=1.214

* 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.


Arvana  (OTCPK:AVNI) Effective Interest Rate on Debt % Explanation

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


Arvana Effective Interest Rate on Debt % Related Terms

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Arvana (Arvana) Business Description

Traded in Other Exchanges
N/A
Address
299 South Main Street, 13th Floor, Salt Lake, UT, USA, 84111
Arvana Inc is a shell company. It seeks to identify and evaluate alternative business opportunities.
Executives
Brian Lovig 10 percent owner 601 UNION STREET, 42ND FLOOR, SEATTLE WA 98101
Bondock Llc 10 percent owner 1057 WHITNEY RANCH DRIVE, SUITE 350, HENDERSON NV 89014
Carl Dawson director 21650 OXNARD STREET, UNITE 1405, WOODLANDHILLS CA 91367
Matthew Bentley Hoover director 5420 YOLANDA AVE, #111, TARZANA CA 91356
Alkiviades David 10 percent owner, other: Indirect beneficial owner 338 N. CANON DRIVE, 3RD FLOOR, BEVERLY HILLS CA 90210
Altaf Nazerali 10 percent owner 555 PALISADE DR, V6R 2H9, N VANCOUVER BC A1
Biltmore International Corporation 10 percent owner 1090 KING GEORGES POST ROAD, SUITE 203, EDISON NJ 08837
Shawn Michael Teigen director 163 WILLIAMS AVE, SALT LAKE CITY UT 84111
Ruairidh Campbell director, officer: CEO,CRO,PAO 600 WESTWOOD TERRACE, AUSTIN TX 78746
Wayne Nathan Smith officer: Chief Financial Officer 1015 IRONWORK PASSAGE, VANCOUVER A1 V6H 3R4
Brulex - Consultadoria Economica E Marketing Lda 10 percent owner RUA DA ALFANDEGA 13, 9000-059 FUNCHAL, MADEIRA S1 0000
Karen Engleson officer: CORPORATE SECRETARY SUITE 2610 - 1066 WEST HASTINGS STREET, VANCOUVER A1 V6E 3X2
Jervis Michael John Stewart director SUITE 2610, 1066 WEST HASTINGS ST, VANCOUVER A1 V6E 3X2
Ross Wilmot director 13548 19TH AVE., V4A 6B4, S. SURREY BC A1 00000
Teyfik Oezcan officer: Vice-President, Europe HALLOTEL DEUTSCHLAND GMBH, OTTO-HAHN STRASSE 8, LANGEN 2M 63225