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Clean Vision (Clean Vision) Effective Interest Rate on Debt % : 65.13% (As of Mar. 2024)


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What is Clean Vision 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. Clean Vision's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $5.93 Mil. Clean Vision's average total debt for the quarter that ended in Mar. 2024 was $9.11 Mil. Therefore, Clean Vision's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 65.13%.


Clean Vision Effective Interest Rate on Debt % Historical Data

The historical data trend for Clean Vision'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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Clean Vision Effective Interest Rate on Debt % Chart

Clean Vision Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.35 68.37 592.02 78.99 106.26

Clean Vision Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 260.38 136.15 93.18 78.62 65.13

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

For the Utilities - Renewable subindustry, Clean Vision'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.


Clean Vision's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clean Vision's Effective Interest Rate on Debt % distribution charts can be found below:

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



Clean Vision Effective Interest Rate on Debt % Calculation

Clean Vision'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  *  -4.798/( (0.618+8.413)/ 2 )
=-1  *  -4.798/4.5155
=106.26 %

where

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -5.932/( (8.413+9.804)/ 2 )
=-1  *  -5.932/9.1085
=65.13 %

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


Clean Vision  (OTCPK:CLNV) Effective Interest Rate on Debt % Explanation

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


Clean Vision Effective Interest Rate on Debt % Related Terms

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Clean Vision (Clean Vision) Business Description

Traded in Other Exchanges
N/A
Address
2711 N. Sepulveda Boulevard, Suite 1051, Manhattan Beach, CA, USA, 90266-2725
Clean Vision Corp acquires, manages, and operates a portfolio of synergistic companies in the clean technology and green energy sectors.
Executives
Jukun Huang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Feng Gu director, officer: Chief Executive Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Shubin Wang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Yan Zheng officer: Chief Financial Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Liming Gong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Laifu Zhong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Xun Yuan director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620

Clean Vision (Clean Vision) Headlines

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