Vision Marine Technologies (Vision Marine Technologies) Effective Interest Rate on Debt % : 10.84% (As of Feb. 2024)

Vision Marine Technologies Effective Interest Rate on Debt % Chart

Vision Marine Technologies Quarterly Data
	Aug18	Feb19	Aug19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.59	8.19	-7.25	8.40	10.84

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

For the Recreational Vehicles subindustry, Vision Marine 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.

Vision Marine Technologies's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

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

Vision Marine Technologies Effective Interest Rate on Debt % Calculation

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

where

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

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.

Vision Marine Technologies  (NAS:VMAR) Effective Interest Rate on Debt % Explanation

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

Vision Marine Technologies Effective Interest Rate on Debt % Related Terms

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Vision Marine Technologies (Vision Marine Technologies) Business Description