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Triton Emission Solutions (Triton Emission Solutions) Effective Interest Rate on Debt % : 13.50% (As of Mar. 2020)


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What is Triton Emission Solutions 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. Triton Emission Solutions's annualized positive value of Interest Expense for the quarter that ended in Mar. 2020 was $1.84 Mil. Triton Emission Solutions's average total debt for the quarter that ended in Mar. 2020 was $13.60 Mil. Therefore, Triton Emission Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2020 was 13.50%.


Triton Emission Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Triton Emission Solutions'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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Triton Emission Solutions Effective Interest Rate on Debt % Chart

Triton Emission Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.15 13.91 13.36 13.46

Triton Emission Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 13.26 13.43 13.61 13.63 13.50

Competitive Comparison of Triton Emission Solutions's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Triton Emission Solutions'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.


Triton Emission Solutions's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Triton Emission Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Triton Emission Solutions's Effective Interest Rate on Debt % falls into.



Triton Emission Solutions Effective Interest Rate on Debt % Calculation

Triton Emission Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2018 )+Total Debt  (A: Dec. 2019 ))/ count )
=-1  *  -1.685/( (11.653+13.376)/ 2 )
=-1  *  -1.685/12.5145
=13.46 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 11.653
=11.653

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 13.376
=13.376

Triton Emission Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2019 )+Total Debt  (Q: Mar. 2020 ))/ count )
=-1  *  -1.836/( (13.376+13.82)/ 2 )
=-1  *  -1.836/13.598
=13.50 %

where

Total Debt  (Q: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 13.376
=13.376

* 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. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Triton Emission Solutions  (OTCPK:DSOX) Effective Interest Rate on Debt % Explanation

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


Triton Emission Solutions Effective Interest Rate on Debt % Related Terms

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Triton Emission Solutions (Triton Emission Solutions) Business Description

Traded in Other Exchanges
N/A
Address
c/o 1130 West Pender Street, Unit 820, Vancouver, BC, CAN, V6E 4A4
Triton Emission Solutions Inc is engaged in the development and marketing of emission abatement technologies for the marine industry to remove sulfur from marine fuel. Its products and technologies include Njord Exhaust Gas Scrubber System, DSOX Pre-Combustion Fuel Purification Systems, and Bio Scrubber. Its Njord Exhaust Gas Scrubber System is used to clean the exhaust gases from excess sulfur following the internal combustion process within ships engine. Its DSOX Pre-Combustion Fuel Purification Systems is a pre-combustion de-sulfurization technology, which is designed to remove alkali metals, such as sulfur and sodium, from heavy marine fuel. Geographically, the activities are carried out through the region of United States.
Executives
Robert C. Kopple director, 10 percent owner 10866 WILSHIRE BLVD., SUITE 1500, LOS ANGELES CA 90024
Richard Jeffs 10 percent owner FLAT 7, 6 ENNISMORE GARDENS, LONDON X0 SW7 1NL
Joao Dacosta director, officer: CEO, President, CFO #810 - 789 WEST PENDER STREET, VANCOUVER A1 V6C 1H2

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