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Transact Energy (Transact Energy) Effective Interest Rate on Debt % : 237.24% (As of Dec. 2022)


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What is Transact Energy 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. Transact Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $1.58 Mil. Transact Energy's average total debt for the quarter that ended in Dec. 2022 was $0.67 Mil. Therefore, Transact Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 237.24%.


Transact Energy Effective Interest Rate on Debt % Historical Data

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

Transact Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 339.69 426.16 410.18 401.79 293.55

Transact Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 409.30 283.21 228.49 239.03 237.24

Competitive Comparison of Transact Energy's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Transact Energy'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.


Transact Energy's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Transact Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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



Transact Energy Effective Interest Rate on Debt % Calculation

Transact Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -1.569/( (0.393+0.676)/ 2 )
=-1  *  -1.569/0.5345
=293.55 %

where

Transact Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -1.58/( (0.656+0.676)/ 2 )
=-1  *  -1.58/0.666
=237.24 %

where

* 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 (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Transact Energy  (OTCPK:TEGY) Effective Interest Rate on Debt % Explanation

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


Transact Energy Effective Interest Rate on Debt % Related Terms

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Transact Energy (Transact Energy) Business Description

Traded in Other Exchanges
N/A
Address
1901 Cornwall Avenue, Suite 367, Bellingham, WA, USA, 98225
Transact Energy Corp is a development stage company, it is engaged in the business of developing and managing zero-emission waste optimization plants globally. The company's zero-emissions waste optimization plant (Z.E.W.O.P.), makes ecological, economic, cultural, and social sense, and provides markets with an emission-free solution utilizing their waste and turning it into products, including fuels that can be used in these domestic markets. Its products include carbon black, phenol resins, ethanol, fertilizer, medium wax, cullet, brick mix, alkanes, aluminum, paraffin wax, and Levoglucosan. The Company has the potential to eliminate landfills and incineration of Municipal Solid Waste in every community.
Executives
Roderick Bartlett director, officer: President, Secretary, Director 1650-1188 W GEORGIA ST, VANCOUVER A1 V6E 4A2
Joseph F. Dickson director 2345 TUCKER RD, NEW WOODSTOCK NY 13122
Desouki Biali director 126 KAHANA NUI RD, LAHAINA HI 96761

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