Hypercharge Networks (TSXV:HC) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Hypercharge Networks 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. Hypercharge Networks's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.00 Mil. Hypercharge Networks's average total debt for the quarter that ended in Dec. 2023 was C$0.36 Mil. Therefore, Hypercharge Networks's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Hypercharge Networks Effective Interest Rate on Debt % Historical Data

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

Hypercharge Networks Annual Data

Trend

Aug21

Effective Interest Rate on Debt %

Hypercharge Networks Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Dec22	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							4.69	-	-	-	-

Competitive Comparison of Hypercharge Networks's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Hypercharge Networks'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.

Hypercharge Networks's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hypercharge Networks's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hypercharge Networks Effective Interest Rate on Debt % Calculation

Hypercharge Networks's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: Aug. 2021 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: Aug. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Hypercharge Networks'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (0.394	+	0.325)	/ 2 )
=	-1 * 0	/	0.3595
=	0.00 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.162	+	0.232
=	0.394

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.122	+	0.203
=	0.325

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

Hypercharge Networks (TSXV:HC) Effective Interest Rate on Debt % Explanation

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

Hypercharge Networks Effective Interest Rate on Debt % Related Terms

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Hypercharge Networks (TSXV:HC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hypercharge Networks Corp (TSXV:HC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

HCNWF:USA PB7:Germany

Address

1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4

Website

https://www.hypercharge.com

Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.

Executives

Jason Baybutt

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Hypercharge Networks (TSXV:HC) Headlines

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