DSG Global (DSG Global) Effective Interest Rate on Debt % : 39.12% (As of Jun. 2023)

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What is DSG Global 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. DSG Global's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $2.20 Mil. DSG Global's average total debt for the quarter that ended in Jun. 2023 was $5.63 Mil. Therefore, DSG Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 39.12%.

DSG Global Effective Interest Rate on Debt % Historical Data

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

DSG Global Annual Data

Trend

Sep13

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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90.90

52.68

57.40

21.87

56.79

DSG Global Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															60.72	66.15	52.29	39.83	39.12

Competitive Comparison of DSG Global's Effective Interest Rate on Debt %

For the Scientific & Technical Instruments subindustry, DSG Global'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.

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

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

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

DSG Global Effective Interest Rate on Debt % Calculation

DSG Global'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 * -2.31	/	( (2.808	+	5.327)	/ 2 )
=	-1 * -2.31	/	4.0675
=	56.79 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.252	+	2.556
=	2.808

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.155	+	5.172
=	5.327

DSG Global'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 * -2.204	/	( (5.56	+	5.709)	/ 2 )
=	-1 * -2.204	/	5.6345
=	39.12 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.371	+	5.189
=	5.56

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.353	+	5.356
=	5.709

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.

DSG Global (OTCPK:DSGT) Effective Interest Rate on Debt % Explanation

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

DSG Global Effective Interest Rate on Debt % Related Terms

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DSG Global (DSG Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DSG Global Inc (OTCPK:DSGT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

207 - 15272 Croydon Drive, Surrey, BC, CAN, V3Z 0Z5

Website

https://www.dsgtglobal.com

DSG Global Inc is a technology company that provides designing, manufacturing, and marketing of fleet management solutions for the golf industry, commercial, government, and military applications. The principal activities are the sale and rental of GPS tracking devices and interfaces for golf vehicles and support activities. Its products developed by the company can be sold and installed in golf facilities and also for commercial applications. The products include TAG Golf which can be used to monitor the pace of play, security, geo-fencing, TAG Turf which is used for fleet management and security capabilities. Other products include DSG TAG, ECO TAG, TAG Text, TAG Touch, TAG commercial, and TAG military.

Executives

Stephanie Deann Ragan	10 percent owner	1437 EAST 33RD AVE,, HOBART IN 46342
Keith Earl Simmons	other: Individual Investor	2855 PANHANDLE DRIVE, GRAPEVINE TX 76051
Kenneth Ingram Marsh	director	C/O DSG GLOBAL INC., SUITE 214-5455 152 STREET, SURREY A1 V3S 5A5
Jason Sugarman	director	C/O THE TOPAZ GROUP INC, 126/1 KRUNGTHONBURL ROAD, BANGKOK THAILAND W1 00000
James B Singerling	director	214-5455 152ND STREET, SURREY A1 V3S 5A5
Rupert Wainwright	director	214-5455 152ND STREET, SURREY A1 V3S 5A5
Keith Bryan Westergaard	director, 10 percent owner	214-5455 152ND STREET, SURREY A1 V3S 5A5
Stephen Allen Johnston	director	214-5455 152ND STREET, SURREY A1 V3S 5A5
Westergaard Holdings Ltd	10 percent owner	214-5455 152ND STREET, SURREY A1 V3S 5A5
Silzer Robert C Sr	director, 10 percent owner, officer: Chief Executive Officer	C/O DSG GLOBAL INC, 214-5455 152ND STREET, SURREY A1 V3S 5A5