Danielsorate Advisory Co (Danielsorate Advisory Co) Effective Interest Rate on Debt % : 38.89% (As of Aug. 2022)

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What is Danielsorate Advisory Co 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. Danielsorate Advisory Co's annualized positive value of Interest Expense for the quarter that ended in Aug. 2022 was $0.61 Mil. Danielsorate Advisory Co's average total debt for the quarter that ended in Aug. 2022 was $1.57 Mil. Therefore, Danielsorate Advisory Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2022 was 38.89%.

Danielsorate Advisory Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Danielsorate Advisory Co'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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Danielsorate Advisory Co Effective Interest Rate on Debt % Chart

Danielsorate Advisory Co Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Effective Interest Rate on Debt %

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8.72

30.06

46.34

25.02

51.83

Danielsorate Advisory Co Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															42.97	57.04	57.14	27.32	38.89

Competitive Comparison of Danielsorate Advisory Co's Effective Interest Rate on Debt %

For the Consulting Services subindustry, Danielsorate Advisory Co'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.

Danielsorate Advisory Co's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Danielsorate Advisory Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Danielsorate Advisory Co Effective Interest Rate on Debt % Calculation

Danielsorate Advisory Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2020 )	+	Total Debt (A: Nov. 2021 ))	/ count )
=	-1 * -0.786	/	( (1.546	+	1.487)	/ 2 )
=	-1 * -0.786	/	1.5165
=	51.83 %

where

	Total Debt (A: Nov. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.546
=	1.546

	Total Debt (A: Nov. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.487
=	1.487

Danielsorate Advisory Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2022 )	+	Total Debt (Q: Aug. 2022 ))	/ count )
=	-1 * -0.612	/	( (1.551	+	1.596)	/ 2 )
=	-1 * -0.612	/	1.5735
=	38.89 %

where

	Total Debt (Q: May. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.551
=	1.551

	Total Debt (Q: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.596
=	1.596

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 (Aug. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Danielsorate Advisory Co (OTCPK:DCAC) Effective Interest Rate on Debt % Explanation

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

Danielsorate Advisory Co Effective Interest Rate on Debt % Related Terms

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Danielsorate Advisory Co (Danielsorate Advisory Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Daniels Corporate Advisory Co Inc (OTCPK:DCAC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parker Towers, 104-60, Queens Boulevard, 12th Floor Forest Hills, New York, NY, USA, 11375

Website

https://danielsincubator.com

Daniels Corporate Advisory Co Inc through its subsidiaries is engaged in the business of offering corporate financial consulting services and merchant banking services. The company's divisions include the flip and credit rebuilding division. Its goal of providing advisory services to business services as well as non-business services client companies. Merchant banking includes equity funding of the growth of client and service companies, as well as funding equity of small public companies.

Executives

Arthur Viola

director, 10 percent owner, officer: CEO