Droneshield (Droneshield) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Droneshield 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. Droneshield's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Droneshield's average total debt for the quarter that ended in Dec. 2023 was $1.06 Mil. Therefore, Droneshield's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Droneshield Effective Interest Rate on Debt % Historical Data

The historical data trend for Droneshield'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.

* Premium members only.

Droneshield Effective Interest Rate on Debt % Chart

Droneshield Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

Droneshield Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial											-	-	-	-	-

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

For the Computer Hardware subindustry, Droneshield'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.

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

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

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

Droneshield Effective Interest Rate on Debt % Calculation

Droneshield'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	/	( (0.402	+	1.757)	/ 2 )
=	-1 * 0	/	1.0795
=	0.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.402
=	0.402

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.455	+	0.302
=	1.757

Droneshield'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (0.358	+	1.757)	/ 2 )
=	-1 * 0	/	1.0575
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.142	+	0.216
=	0.358

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.455	+	0.302
=	1.757

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Droneshield (OTCPK:DRSHF) Effective Interest Rate on Debt % Explanation

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

Droneshield Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Droneshield's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Droneshield (Droneshield) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Droneshield Ltd (OTCPK:DRSHF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DRH:Germany DRO:Australia

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.droneshield.com

Droneshield Ltd develops and sells hardware and software for the detection of drones. The principal activity of the Company is the development, commercialisation and sales of hardware and software technology for drone detection and security. Its products include DroneGun Tactical, DroneCannon, DroneNode, and DroneShield Complete. The company provides its solutions to government and military, airports, commercial venues, prisons, and critical infrastructure. Its geographical segments are the United States and Australia.

Droneshield (Droneshield) Headlines

From GuruFocus

DroneShield Awarded Record $33 Million U.S. Government Contract

By PRNewswire • 07-17-2023