DevvStream Holdings (DevvStream Holdings) Effective Interest Rate on Debt % : 4.46% (As of Jan. 2024)

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What is DevvStream Holdings 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. DevvStream Holdings's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.01 Mil. DevvStream Holdings's average total debt for the quarter that ended in Jan. 2024 was $0.27 Mil. Therefore, DevvStream Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 4.46%.

DevvStream Holdings Effective Interest Rate on Debt % Historical Data

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

DevvStream Holdings Annual Data

Trend

Jul22

Jul23

Effective Interest Rate on Debt %

DevvStream Holdings Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				-	-	-	-	4.46

Competitive Comparison of DevvStream Holdings's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, DevvStream Holdings'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.

DevvStream Holdings's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DevvStream Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

DevvStream Holdings Effective Interest Rate on Debt % Calculation

DevvStream Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

DevvStream Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -0.012	/	( (0.1	+	0.438)	/ 2 )
=	-1 * -0.012	/	0.269
=	4.46 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.1
=	0.1

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.438
=	0.438

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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

DevvStream Holdings (OTCPK:DSTRF) Effective Interest Rate on Debt % Explanation

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

DevvStream Holdings Effective Interest Rate on Debt % Related Terms

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DevvStream Holdings (DevvStream Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DevvStream Holdings Inc (OTCPK:DSTRF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

CQ0:Germany DESG:Canada

Address

2133-1177 W. Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

https://www.devvstream.com

DevvStream Holdings Inc is an Environmental Social and Governance (ESG) principled, high-tech, impact investing company focused on high quality and high return carbon credit generating projects. DES offers investors exposure to carbon credits, a key instrument used to reduce emissions of carbon dioxide and other greenhouse gases from industrial activities to reduce the effects of global warming.