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N2OFF (NITO) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is N2OFF 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. N2OFF's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. N2OFF's average total debt for the quarter that ended in Mar. 2024 was $0.03 Mil. Therefore, N2OFF's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


N2OFF Effective Interest Rate on Debt % Historical Data

The historical data trend for N2OFF'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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N2OFF Effective Interest Rate on Debt % Chart

N2OFF Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 62.56 3.75 7.38 7.79

N2OFF 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 - - - - -

Competitive Comparison of N2OFF's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, N2OFF'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.


N2OFF's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, N2OFF's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where N2OFF's Effective Interest Rate on Debt % falls into.



N2OFF Effective Interest Rate on Debt % Calculation

N2OFF'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  *  -0.006/( (0.106+0.048)/ 2 )
=-1  *  -0.006/0.077
=7.79 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.04 + 0.066
=0.106

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.007 + 0.041
=0.048

N2OFF'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/( (0.048+0.005)/ 2 )
=-1  *  0/0.0265
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.007 + 0.041
=0.048

* 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.


N2OFF  (NAS:NITO) Effective Interest Rate on Debt % Explanation

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


N2OFF Effective Interest Rate on Debt % Related Terms

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N2OFF (NITO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
HaPardes 134 Meshek Sander, Neve Yarak, ISR, 4994500
Save Foods Inc is an agri-food tech company specializing in eco-crop protection that reduces food waste and ensures food safety. The company engaged in the business of developing, testing, and marketing solutions and products for extending the storability and shelf life of vegetables and fruits through its subsidiary. The company develops products that treat citrus fruits, sweet potatoes, and stored table potatoes and also provides storage control of fruits and vegetables. It has also started the commercialization of its products. Geographically, it generates the majority of its revenue from the United States and Mexico.
Executives
Yaaran Investments Ltd. 10 percent owner HARSIT 7 ST., SHEARY -TIKVA L3 4481000
Roy Borochov director 52 HATEENA, KFAR BEN NUN L3 9978000
Plantify Foods, Inc. 10 percent owner 2264 EAST 11TH AVENUE, VANCOUVER A1 V5N1Z6
Udi Ovadia Kalifi director UZIEL 101, RAMAT GAN L3 5234433
Lital Barda officer: Chief Financial Officer DAVID MEIR GUTMAN 11, PETAH TIKVA L3 4934116
Neta Matis officer: COO of the Issuer's Subsidiary DAVID HAMELECH 11, HOD HASHARON L3 4523403
Omri Kanterovich officer: Interim CFO YUVAL NEEMAN 7, TEL AVIV L3 6967183
Mia Jacqueline Serra officer: Chief Marketing Officer HARAV KOSOVSKY 34, TEL AVIV L3 6291062
Eliahou Arbib director ARLOZOROV 25, RAMAT GAN L3 5248141
David Palach officer: Co-Chief Executive Officer EVEN GVIROL 1, RISHON LEZION L3 7548101
Amitay Weiss director HA'AZTMAUT 41, PETAH TIKVA L3 4937941
Ronen Rosenbloom director NISSIM ALONI 4, TEL AVIV L3 6291918
Israel Yakov Berenstein director SHEVET LEVI 13, PETAH TIKVA L3 4930092
Joachim Fuchs director HAZOREA 67, KFAR SHMARYAHU L3 4691000
Doron Shorrer director KOREH HADOROT 33, JERUSALEM L3 9339348