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MicroCloud Hologram (MicroCloud Hologram) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2023)


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What is MicroCloud Hologram 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. MicroCloud Hologram's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.00 Mil. MicroCloud Hologram's average total debt for the quarter that ended in Jun. 2023 was $0.51 Mil. Therefore, MicroCloud Hologram's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.


MicroCloud Hologram Effective Interest Rate on Debt % Historical Data

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

MicroCloud Hologram Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 0.92 - - -

MicroCloud Hologram Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 4.83 - - - -

Competitive Comparison of MicroCloud Hologram's Effective Interest Rate on Debt %

For the Electronic Components subindustry, MicroCloud Hologram'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.


MicroCloud Hologram's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MicroCloud Hologram's Effective Interest Rate on Debt % distribution charts can be found below:

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



MicroCloud Hologram Effective Interest Rate on Debt % Calculation

MicroCloud Hologram'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  *  0/( (0.657+0.844)/ 2 )
=-1  *  0/0.7505
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.369 + 0.288
=0.657

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.288 + 0.556
=0.844

MicroCloud Hologram's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  0/( (0.549+0.474)/ 2 )
=-1  *  0/0.5115
=0.00 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.323 + 0.226
=0.549

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.26 + 0.214
=0.474

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


MicroCloud Hologram  (NAS:HOLO) Effective Interest Rate on Debt % Explanation

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


MicroCloud Hologram Effective Interest Rate on Debt % Related Terms

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MicroCloud Hologram (MicroCloud Hologram) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Yuexing Sixth Road, Zhongkenaneng Building, Room 302, Building A, Nanshan District, Shenzhen, CHN, 518000
Website
MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions, Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library.
Executives
Belief Bi director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Maggie Wang director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Guohui Kang director, officer: CEO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Wei Peng director, 10 percent owner ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Tiger Initiative Investment Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Bei Zhen officer: CFO GOVERNORS SQUARE, SUITE #5-204, ,23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Mi Zhou director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Best Road Holdings Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Han Qin director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Jianbo Zhou officer: CTO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Guolong Qi officer: COO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Xu Zhang director 100 PARK AVENUE, NEW YORK NY 10017
Hai Lin director 100 PARK AVENUE, NEW YORK NY 10017
Shaosen Cheng director, officer: Chief Executive Officer 100 PARK AVENUE, NEW YORK NY 10017