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Spectre Capital (TSXV:SOO.P) Effective Interest Rate on Debt % : 0.00% (As of Feb. 2024)


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What is Spectre Capital 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. Spectre Capital's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was C$0.00 Mil. Spectre Capital's average total debt for the quarter that ended in Feb. 2024 was C$0.02 Mil. Therefore, Spectre Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.00%.


Spectre Capital Effective Interest Rate on Debt % Historical Data

The historical data trend for Spectre Capital'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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Spectre Capital Effective Interest Rate on Debt % Chart

Spectre Capital Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Effective Interest Rate on Debt %
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Spectre Capital Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Spectre Capital's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Spectre Capital'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.


Spectre Capital's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

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



Spectre Capital Effective Interest Rate on Debt % Calculation

Spectre Capital's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2022 )+Total Debt  (A: Aug. 2023 ))/ count )
=-1  *  0/( (0+0.006)/ 1 )
=-1  *  0/0.006
=0.00 %

where

Spectre Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  0/( (0.016+0.016)/ 2 )
=-1  *  0/0.016
=0.00 %

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Spectre Capital  (TSXV:SOO.P) Effective Interest Rate on Debt % Explanation

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


Spectre Capital Effective Interest Rate on Debt % Related Terms

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Spectre Capital (TSXV:SOO.P) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Website
Spectre Capital Corp is a capital pool company.

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