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Aqua Power Systems (Aqua Power Systems) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2022)


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What is Aqua Power Systems 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. Aqua Power Systems's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.00 Mil. Aqua Power Systems's average total debt for the quarter that ended in Sep. 2022 was $0.03 Mil. Therefore, Aqua Power Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 0.00%.


Aqua Power Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for Aqua Power Systems'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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Aqua Power Systems Effective Interest Rate on Debt % Chart

Aqua Power Systems Annual Data
Trend Apr12 Apr13 Mar15 Mar21
Effective Interest Rate on Debt %
- - 0.93 13.67

Aqua Power Systems Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Aqua Power Systems's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Aqua Power Systems'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.


Aqua Power Systems's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aqua Power Systems's Effective Interest Rate on Debt % distribution charts can be found below:

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



Aqua Power Systems Effective Interest Rate on Debt % Calculation

Aqua Power Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2015 )+Total Debt  (A: Mar. 2021 ))/ count )
=-1  *  -0.07/( (0.321+0.703)/ 2 )
=-1  *  -0.07/0.512
=13.67 %

where

Aqua Power Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  0/( (0.03+0.03)/ 2 )
=-1  *  0/0.03
=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 (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Aqua Power Systems  (OTCPK:APSI) Effective Interest Rate on Debt % Explanation

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


Aqua Power Systems Effective Interest Rate on Debt % Related Terms

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Aqua Power Systems (Aqua Power Systems) Business Description

Traded in Other Exchanges
N/A
Address
2180 Park Avenue North, Unit 200, Winter Park, FL, USA, 32789
Aqua Power Systems Inc provides efficient and reliable logistics and transportation solutions.

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