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Imperium Technology Group (Imperium Technology Group) Effective Interest Rate on Debt % : 6.46% (As of Dec. 2023)


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What is Imperium Technology Group 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. Imperium Technology Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $2.45 Mil. Imperium Technology Group's average total debt for the quarter that ended in Dec. 2023 was $37.90 Mil. Therefore, Imperium Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.46%.


Imperium Technology Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Imperium Technology Group'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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Imperium Technology Group Effective Interest Rate on Debt % Chart

Imperium Technology Group 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 3.67 4.73 5.27 4.93 5.70

Imperium Technology Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.52 4.68 5.14 5.06 6.46

Competitive Comparison of Imperium Technology Group's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, Imperium Technology Group'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.


Imperium Technology Group's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Imperium Technology Group's Effective Interest Rate on Debt % distribution charts can be found below:

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



Imperium Technology Group Effective Interest Rate on Debt % Calculation

Imperium Technology Group'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  *  -2.15/( (36.239+39.169)/ 2 )
=-1  *  -2.15/37.704
=5.70 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.689 + 11.55
=36.239

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.022 + 27.147
=39.169

Imperium Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -2.45/( (36.63+39.169)/ 2 )
=-1  *  -2.45/37.8995
=6.46 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22.302 + 14.328
=36.63

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.022 + 27.147
=39.169

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Imperium Technology Group  (OTCPK:IPGGF) Effective Interest Rate on Debt % Explanation

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


Imperium Technology Group Effective Interest Rate on Debt % Related Terms

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Imperium Technology Group (Imperium Technology Group) Business Description

Traded in Other Exchanges
Address
No. 181 Hoi Bun Road, Room 02, 26th Floor, One Harbour Square, Kwun Tong, Kowloon, Hong Kong, HKG
Imperium Technology Group Ltd is an investment holding company. Its operating segment are 1) Online game segment includes marketing and the operation of mobile games and computer games and sale of NFTs and other digital tokens. 2) Cloud computing and data storage segment engage in cryptocurrency mining and rental of machines to customers to engage in cryptocurrency mining. 3) Esports segment includes participating in esports competitions, streaming and marketing event, and merchandise sales. 4) Household products segment includes the manufacture and sale of stainless steel furnishings and home products. 5) Property investment segment includes rental income from investment properties. 6) Money lending segment includes interest income from the money lending business.

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