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iMining Technologies (FRA:P1A) Effective Interest Rate on Debt % : 0.00% (As of Feb. 2022)


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What is iMining Technologies 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. iMining Technologies's annualized positive value of Interest Expense for the quarter that ended in Feb. 2022 was €0.00 Mil. iMining Technologies's average total debt for the quarter that ended in Feb. 2022 was €0.00 Mil. Therefore, iMining Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2022 was N/A%.


iMining Technologies Effective Interest Rate on Debt % Historical Data

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

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.45 - - - -

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 - - - - -

Competitive Comparison of iMining Technologies's Effective Interest Rate on Debt %

For the Capital Markets subindustry, iMining Technologies'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.


iMining Technologies's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, iMining Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

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



iMining Technologies Effective Interest Rate on Debt % Calculation

iMining Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2020 )+Total Debt  (A: May. 2021 ))/ count )
=-1  *  -0.001/( (0+0)/ 1 )
=-1  *  -0.001/0
=N/A %

where

iMining Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2021 )+Total Debt  (Q: Feb. 2022 ))/ count )
=-1  *  -0.004/( (0+0)/ 1 )
=-1  *  -0.004/0
=N/A %

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


iMining Technologies  (FRA:P1A) Effective Interest Rate on Debt % Explanation

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


iMining Technologies Effective Interest Rate on Debt % Related Terms

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iMining Technologies (FRA:P1A) Business Description

Traded in Other Exchanges
N/A
Address
750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.

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