Dh Enchantment (Dh Enchantment) Effective Interest Rate on Debt % : 5.50% (As of Dec. 2023)

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What is Dh Enchantment 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. Dh Enchantment's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.01 Mil. Dh Enchantment's average total debt for the quarter that ended in Dec. 2023 was $0.22 Mil. Therefore, Dh Enchantment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.50%.

Dh Enchantment Effective Interest Rate on Debt % Historical Data

The historical data trend for Dh Enchantment'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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Dh Enchantment Effective Interest Rate on Debt % Chart

Dh Enchantment Annual Data

Trend

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

4.27

4.66

Dh Enchantment Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									5.50	5.50	5.50	5.50	5.50

Competitive Comparison of Dh Enchantment's Effective Interest Rate on Debt %

For the Medical Distribution subindustry, Dh Enchantment'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.

Dh Enchantment's Effective Interest Rate on Debt % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Dh Enchantment's Effective Interest Rate on Debt % distribution charts can be found below:

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

Dh Enchantment Effective Interest Rate on Debt % Calculation

Dh Enchantment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -0.01	/	( (0.211	+	0.218)	/ 2 )
=	-1 * -0.01	/	0.2145
=	4.66 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.077	+	0.134
=	0.211

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.218
=	0.218

Dh Enchantment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.012	/	( (0.218	+	0.218)	/ 2 )
=	-1 * -0.012	/	0.218
=	5.50 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.218
=	0.218

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.218
=	0.218

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Dh Enchantment (OTCPK:ENMI) Effective Interest Rate on Debt % Explanation

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

Dh Enchantment Effective Interest Rate on Debt % Related Terms

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Dh Enchantment (Dh Enchantment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Dh Enchantment Inc (OTCPK:ENMI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

316-318 Kwun Tong Road, Unit A, 13th Floor, Gee Luen Factory Building, Kowloon, Hong Kong, HKG

Website

http://www.wesaveenergy.com

Dh Enchantment Inc is engaged in the sale and distribution of COVID-19 rapid antigen tester sets.

Executives

Lo Kin Yi Sally	director, 10 percent owner, officer: CEO, CFO and Secretary	G/F, 49A CHEUNG PO TSUEN, PAT HEUNG, YUEN LONG K3 00000
Daily Success Development Ltd	10 percent owner	UNIT A, 13/F KWUN TOND ROAD, KOWLOON K3 00000

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