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Renovare Environmental (Renovare Environmental) Effective Interest Rate on Debt % : 10.47% (As of Mar. 2022)


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What is Renovare Environmental 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. Renovare Environmental's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was $4.32 Mil. Renovare Environmental's average total debt for the quarter that ended in Mar. 2022 was $41.24 Mil. Therefore, Renovare Environmental's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 10.47%.


Renovare Environmental Effective Interest Rate on Debt % Historical Data

The historical data trend for Renovare Environmental'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.

Renovare Environmental Effective Interest Rate on Debt % Chart

Renovare Environmental Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 13.35 9.63 8.85 10.36 15.23

Renovare Environmental Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 10.14 9.99 10.13 30.14 10.47

Competitive Comparison of Renovare Environmental's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Renovare Environmental'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.


Renovare Environmental's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Renovare Environmental Effective Interest Rate on Debt % Calculation

Renovare Environmental's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -6.192/( (40.047+41.248)/ 2 )
=-1  *  -6.192/40.6475
=15.23 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=30.862 + 9.185
=40.047

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.114 + 39.134
=41.248

Renovare Environmental's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Mar. 2022 ))/ count )
=-1  *  -4.32/( (41.248+41.24)/ 2 )
=-1  *  -4.32/41.244
=10.47 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.114 + 39.134
=41.248

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.101 + 39.139
=41.24

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


Renovare Environmental  (OTCPK:RENO) Effective Interest Rate on Debt % Explanation

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


Renovare Environmental Effective Interest Rate on Debt % Related Terms

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Renovare Environmental (Renovare Environmental) Business Description

Traded in Other Exchanges
N/A
Address
80 Red Schoolhouse Road, Suite 101, Chestnut Ridge, NY, USA, 10977
Renovare Environmental Inc, formerly BioHiTech Global Inc is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. Its technologies for waste management include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. When used individually or in combination, the solution lowers the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage.
Executives
Harriet Hentges director 3222 SCOTT PLACE NW, WASHINGTON DC 20007
Frank E. Celli director 27 BRADLEY LANE, MONTVALE NJ 07645
Frank E. Celli Family Trust 10 percent owner 80 RED SCHOOLHOUSE ROAD, SUITE 101, CHESTNUT RIDGE NY 10977
Anthony Fuller director 80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC., CHESTNUT RIDGE NY 10977
Walter Iii Littlejohn director 80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC,., CHESTNUT RIDGE NY 10977
Nicholaus Rohleder director 80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC., CHESTNUT RIDGE NY 10977
Brian C. Essman officer: CHIEF FINANCIAL OFFICER 59 ST JOHNS RD., WILTON CT 06897
James D. Chambers director 317 EATON LANDING DRIVE, ANNAPOLIS MD 21401
Robert A. Joyce officer: Chief Operating Officer 1818 SIGNAL HILL DRIVE, MECHANICSBURG PA 17050
Van Oort Douglas M director 12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913
Bob G Gower 10 percent owner 402 TIMBERWILDE LANE, HOUSTON TX 77024
Penn Venture Partners , L.p. other: 5% Shareholder 132 STATE STREET, HARRISBURG PA 17101
Conundrum Capital Partners, Llc 10 percent owner 317 EATON LANDING DRIVE, ANNAPOLIS MD 21401
Robert A. Graham director 112 CETON COURT, BROOMALL PA 19008
John P. Glauda 10 percent owner 8409 CAESARS HEAD DRIVE, WAXHAW NC 28173