GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LeapCharger Corp (OTCPK:LCCN) » Definitions » Effective Interest Rate on Debt %

LeapCharger (LeapCharger) Effective Interest Rate on Debt % : 9.41% (As of Aug. 2023)


View and export this data going back to 2010. Start your Free Trial

What is LeapCharger 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. LeapCharger's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was $0.01 Mil. LeapCharger's average total debt for the quarter that ended in Aug. 2023 was $0.09 Mil. Therefore, LeapCharger's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 9.41%.

LeapCharger Effective Interest Rate on Debt % Historical Data

The historical data trend for LeapCharger'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.

* Premium members only.

LeapCharger Effective Interest Rate on Debt % Chart

LeapCharger Annual Data
Trend Dec10 Dec11 Dec12 Nov13 Nov14
Effective Interest Rate on Debt %
- - - - 3.52

LeapCharger Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 Aug23
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 7.03 8.19 8.19 - 9.41

Competitive Comparison of LeapCharger's Effective Interest Rate on Debt %

For the Conglomerates subindustry, LeapCharger'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.

LeapCharger's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LeapCharger's Effective Interest Rate on Debt % distribution charts can be found below:

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


LeapCharger Effective Interest Rate on Debt % Calculation

LeapCharger's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2013 )+Total Debt  (A: Nov. 2014 ))/ count )
=-1  *  -0.012/( (0+0.341)/ 1 )
=-1  *  -0.012/0.341
=3.52 %

where

Total Debt  (A: Nov. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Nov. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.341
=0.341

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2022 )+Total Debt  (Q: Aug. 2023 ))/ count )
=-1  *  -0.008/( (0+0.085)/ 1 )
=-1  *  -0.008/0.085
=9.41 %

where

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

Total Debt  (Q: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.085
=0.085

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

LeapCharger  (OTCPK:LCCN) Effective Interest Rate on Debt % Explanation

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

LeapCharger Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of LeapCharger's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

LeapCharger (LeapCharger) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LeapCharger Corp (OTCPK:LCCN) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HLLK CDXQ CIRX KDCE IDVV CBCA SPOM AFDG UPIN ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002 TSE:8053
Traded in Other Exchanges
N/A
Address
Abu Hail, 1st Floor/29, Khalifa B A Balila Building, Dubai, ARE
Website
https://www.greenplex.net
LeapCharger Corp formerly Greenplex Services Inc is doing business with electric vehicle (EV) charging solutions for consumers and businesses.
Executives
Dale Robbins officer: President 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Kurt Boehl director 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Martin Murray director, officer: Treasurer, CFO 425 MADISON AVE, SUITE 902, NEW YORK NY 10017
Manuel Graiwer director 3600 WILSHIRE BLVD, #2100, LOS ANGELES CA 90010
Mark C. Hutchison director, officer: VP of Operations, Secretary 2525 E. 29TH AVE., STE 10-B, SPOKANE WA 99223
Roy Matthew Haskin director 2525 E. 29TH AVE., STE 10-B, SPOKANE WA 99223
Victor T. Foia director, officer: PRESIDENT, CEO 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Bruce Gillis director 710 N. ARDEN DR., BEVERLY HILLS CA 90210
Kyle W. Carlson director, 10 percent owner, officer: Pres, Treas, CEO, CFO 10183 NORTH AERO DRIVE, STE. 2, HAYDEN ID 83835
Andrew Christman director, 10 percent owner, officer: VICE PRESIDENT 10183 NORTH AERO DRIVE, SUITE 2, HAYDEN ID 83835
Susan L. Troyer director, 10 percent owner, officer: TREASURER, SECRETARY, CFO 10183 NORTH AERO DRIVE, SUITE 2, HAYDEN ID 83835