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Quantum Energy (Quantum Energy) Effective Interest Rate on Debt % : 0.31% (As of Sep. 2023)


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What is Quantum Energy 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. Quantum Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.01 Mil. Quantum Energy's average total debt for the quarter that ended in Sep. 2023 was $3.83 Mil. Therefore, Quantum Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.31%.


Quantum Energy Effective Interest Rate on Debt % Historical Data

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

Quantum Energy Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - - - 2.30 0.33

Quantum Energy Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Mar23 Jun23 Sep23
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 0.49 0.46 0.40 0.40 0.31

Competitive Comparison of Quantum Energy's Effective Interest Rate on Debt %

For the Consulting Services subindustry, Quantum Energy'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.


Quantum Energy's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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



Quantum Energy Effective Interest Rate on Debt % Calculation

Quantum Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2021 )+Total Debt  (A: Feb. 2022 ))/ count )
=-1  *  -0.012/( (3.144+4.196)/ 2 )
=-1  *  -0.012/3.67
=0.33 %

where

Quantum Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.012/( (3.984+3.685)/ 2 )
=-1  *  -0.012/3.8345
=0.31 %

where

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


Quantum Energy  (OTCPK:FLCX) Effective Interest Rate on Debt % Explanation

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


Quantum Energy Effective Interest Rate on Debt % Related Terms

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Quantum Energy (Quantum Energy) Business Description

Traded in Other Exchanges
N/A
Address
1282 A Cornwall Road, Oakville, ON, CAN, L6J 7W5
FlooidCX Corp acts as an online complaint resolution platform for consumers and businesses. The company offers unified communications and collaboration in online CRM solutions - GripeVine and Resolution1. It offers a proprietary complaint-resolution platform for the facilitation and management of social customer service via centralized communication, rating, and review tools. The tools offered to reward reliable consumers and responsive businesses. Its platform includes the handling of ratings, reviews, complaint resolution statuses while offering data collection features such as scoring, polling, comments, voting, and credibility points.
Executives
Dennis M Danzik director, officer: CEO 14747 N. NORTHSIGHT BLVD, STE.111-218, SCOTTSDALE AZ 85260
Kifu Llc 10 percent owner 2505 ANTHEM VILLAGE DRIVE, SUITE E-334, HENDERSON NV 89052
William Westbrook director P.O. BOX 431, VERNON AZ 85940
Craig N Kitchen director 11201 N. TATUM BLVD.,, SUITE 110, SCOTTSDALE AZ 85028
Douglas Charles Bean 10 percent owner, other: shareholder 2728 CAROLINA BLUE AVE, HENDERSON NV 89052
Mark Vange director, officer: Chief Technical Officer 1282A CORNWALL ROAD, OAKVILLE A6 LGJ 7W5
Helen Bernardino director 1282A CORNWALL ROAD, OAKVILLE A6 L6J 7W5
Richard Hue 10 percent owner 1282A CORNWALL ROAD, OAKVILLE Z4 L6J 7W5