BitFuFu (BitFuFu) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is BitFuFu 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. BitFuFu's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $6.2 Mil. BitFuFu's average total debt for the quarter that ended in Dec. 2023 was $0.0 Mil. Therefore, BitFuFu's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.

BitFuFu Effective Interest Rate on Debt % Historical Data

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

BitFuFu Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

BitFuFu Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	1.98	3.37	-	-

Competitive Comparison of BitFuFu's Effective Interest Rate on Debt %

For the Capital Markets subindustry, BitFuFu'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.

BitFuFu's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitFuFu's Effective Interest Rate on Debt % distribution charts can be found below:

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

BitFuFu Effective Interest Rate on Debt % Calculation

BitFuFu'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 * -5.536	/	( (0	+	0)	/ 1 )
=	-1 * -5.536	/	0
=	N/A %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

BitFuFu'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -6.192	/	( (0	+	0)	/ 1 )
=	-1 * -6.192	/	0
=	N/A %

where

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

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

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

BitFuFu (NAS:FUFU) Effective Interest Rate on Debt % Explanation

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

BitFuFu Effective Interest Rate on Debt % Related Terms

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BitFuFu (BitFuFu) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

111 North Bridge Road, 15-01 Peninsula Plaza, Singapore, SGP, 179098

Website

BitFuFu Inc is a digital asset mining service and cloud-mining service provider, dedicated to fostering a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital asset.

BitFuFu (BitFuFu) Headlines

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