GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fuse Group Holding Inc (OTCPK:FUST) » Definitions » Effective Interest Rate on Debt %

Fuse Group Holding (Fuse Group Holding) Effective Interest Rate on Debt % : 4.53% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Fuse Group Holding 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. Fuse Group Holding's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.01 Mil. Fuse Group Holding's average total debt for the quarter that ended in Mar. 2024 was $0.18 Mil. Therefore, Fuse Group Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.53%.


Fuse Group Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Fuse Group Holding'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.

* Premium members only.

Fuse Group Holding Effective Interest Rate on Debt % Chart

Fuse Group Holding Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only - 0.54 2.68 2.54 4.83

Fuse Group Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 2.83 3.50 0.77 2.17 4.53

Competitive Comparison of Fuse Group Holding's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Fuse Group Holding'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.


Fuse Group Holding's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fuse Group Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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



Fuse Group Holding Effective Interest Rate on Debt % Calculation

Fuse Group Holding's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -0.017/( (0.516+0.188)/ 2 )
=-1  *  -0.017/0.352
=4.83 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.488 + 0.028
=0.516

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.157 + 0.031
=0.188

Fuse Group Holding'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  *  -0.008/( (0.18+0.173)/ 2 )
=-1  *  -0.008/0.1765
=4.53 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.151 + 0.029
=0.18

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.151 + 0.022
=0.173

* 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.


Fuse Group Holding  (OTCPK:FUST) Effective Interest Rate on Debt % Explanation

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


Fuse Group Holding Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Fuse Group Holding's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fuse Group Holding (Fuse Group Holding) Business Description

Traded in Other Exchanges
N/A
Address
805 West, Duarte Road, Suite 102, Arcadia, CA, USA, 91007
Fuse Group Holding Inc provides consulting services to mining industry clients to find acquisition targets within the parameters set by the clients when the mine owner is considering selling its mining rights. The services of Fuse Group include due diligence on the potential mine seller and the mine, such as ownership of the mine and whether the mine meets all operational requirements and is currently in operation. Currently, the Company also seeks business opportunities in the biotech area.
Executives
Michael J Viotto director, officer: Chief Finanical Officer 444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Umesh Patel director, officer: CEO, President 6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Landbond Home Ltd 10 percent owner UNIT-B, 19/F HILLER COMMERCIAL BLDG, 89-91 WING LOK STREET, SHEUNG WAN K3 000000000

Fuse Group Holding (Fuse Group Holding) Headlines