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Wolf Energy Services (Wolf Energy Services) Effective Interest Rate on Debt % : 27.31% (As of Jun. 2023)


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What is Wolf Energy Services 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. Wolf Energy Services's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.43 Mil. Wolf Energy Services's average total debt for the quarter that ended in Jun. 2023 was $1.57 Mil. Therefore, Wolf Energy Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 27.31%.


Wolf Energy Services Effective Interest Rate on Debt % Historical Data

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

Wolf Energy Services Annual Data
Trend Mar22 Mar23
Effective Interest Rate on Debt %
32.00 3.53

Wolf Energy Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 2.79 2.98 4.47 4.94 27.31

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

For the Trucking subindustry, Wolf Energy Services'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.


Wolf Energy Services's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wolf Energy Services's Effective Interest Rate on Debt % distribution charts can be found below:

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



Wolf Energy Services Effective Interest Rate on Debt % Calculation

Wolf Energy Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -0.047/( (1.003+1.657)/ 2 )
=-1  *  -0.047/1.33
=3.53 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.24 + 0.763
=1.003

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.228 + 1.429
=1.657

Wolf Energy Services'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  *  -0.428/( (1.657+1.477)/ 2 )
=-1  *  -0.428/1.567
=27.31 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.228 + 1.429
=1.657

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.214 + 1.263
=1.477

* 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.


Wolf Energy Services  (OTCPK:WOEN) Effective Interest Rate on Debt % Explanation

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


Wolf Energy Services Effective Interest Rate on Debt % Related Terms

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Wolf Energy Services (Wolf Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
408 State Highway 135N, Kilgore, TX, USA, 75662
Wolf Energy Services Inc, through its wholly-owned subsidiary, provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Capstone procures and finances equipment for oilfield transportation service contractors. It operates in the transportation and logistics services business serving hydraulic fracking companies and assisting in their operations through Banner. The Company operates through Banner Midstream which has two operating subsidiaries: Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC.
Executives
Jay M. Puchir officer: CEO & President of Subsidiary 3333 PINNACLE HILLS PARKWAY, SUITE 220, ROGERS AR 72758
Jimmy Ray Galla director, officer: CEO and CFO 408 STATE HWY 135N, KILGORE TX 75662
Ecoark Holdings, Inc. 10 percent owner 303 PEARL PARKWAY SUITE 200, SAN ANTONIO TX 78215
Jimmy Don Reedy director 303 PEARL PARKWAY, SUITE 200, SAN ANTONIO TX 78215
Raynard Veldman director 2011 ROYAL CREST, MANSFIELD TX 76063
Adele Dibella 10 percent owner 3500 BAYVIEW DRIVE, FT. LAUDERDALE FL 33308
John Dibella director, officer: Chief Executive Officer 821 NW 57TH PLACE, FORT LAUDERDALE FL 33309
Alberto Dibella director, 10 percent owner, officer: Chief Executive Officer 3500 BAYVIEW DRIVE, FORT LAUDERDALE FL 33301

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