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Susglobal Energy (Susglobal Energy) Effective Interest Rate on Debt % : 6.58% (As of Dec. 2023)


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What is Susglobal 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. Susglobal Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.33 Mil. Susglobal Energy's average total debt for the quarter that ended in Dec. 2023 was $20.17 Mil. Therefore, Susglobal Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.58%.


Susglobal Energy Effective Interest Rate on Debt % Historical Data

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

Susglobal Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 10.09 15.03 7.02 5.27 4.46

Susglobal Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 5.19 5.10 2.95 2.81 6.58

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

For the Waste Management subindustry, Susglobal 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.


Susglobal Energy's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Susglobal Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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



Susglobal Energy Effective Interest Rate on Debt % Calculation

Susglobal Energy'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  *  -0.831/( (16.828+20.447)/ 2 )
=-1  *  -0.831/18.6375
=4.46 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.117 + 16.711
=16.828

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 20.447
=20.447

Susglobal Energy'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -1.328/( (19.895+20.447)/ 2 )
=-1  *  -1.328/20.171
=6.58 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 19.895
=19.895

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 20.447
=20.447

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


Susglobal Energy  (OTCPK:SNRG) Effective Interest Rate on Debt % Explanation

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


Susglobal Energy Effective Interest Rate on Debt % Related Terms

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Susglobal Energy (Susglobal Energy) Business Description

Traded in Other Exchanges
N/A
Address
200 Davenport Road, Toronto, ON, CAN, M5R 1J2
Susglobal Energy Corp is focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste-to-energy and regenerative products application. It operates in the renewable energy segment. The company provides a full range of services for handling organic residuals, which can be converted into electricity and fuels. Its products include SusGro BioFertilizer and Earth's Journey. The Company's management reporting structure provides for one segment: renewable energy and operates in one country, Canada.
Executives
Leslie Bruce Rintoul director 2209 ROCHESTER CIRCLE, OAKVILLE Z4 L6M 5E3
Ike Makrimichalos officer: Chief Financial Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Susan Harte director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Marc Hazout director, 10 percent owner, officer: Executive Chairman and Preside 5160 YONGE STREET, SUITE 803, TORONTO A6 M2N 6L9
Gordon E Miller director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Gerald P Hamaliuk director, 10 percent owner, officer: Chief Executive Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Ryan Christopher Duffy director 88 BROOKE AVE., TORONTO A6 M5M2J9
Vincent Ramoutar director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Laurence Zeifman director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Andrea N Calla director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2