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. Ankam's annualized positive value of Interest Expense for the quarter that ended in Feb. 2025 was $0.00 Mil. Ankam's average total debt for the quarter that ended in Feb. 2025 was $0.50 Mil. Therefore, Ankam's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 was 0.00%.
Ankam Effective Interest Rate on Debt % Historical Data
The historical data trend for Ankam'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.
Competitive Comparison of Ankam's Effective Interest Rate on Debt %
For the Software - Application subindustry, Ankam'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.
Ankam's Effective Interest Rate on Debt % Distribution in the Software Industry
For the Software industry and Technology sector, Ankam's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Ankam's Effective Interest Rate on Debt % falls into.
* 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 (Feb. 2025) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Ankam (OTCPK:ANKM) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Ankam Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Ankam's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ankam Inc actively works in two directions: application development MoneySaver App and crypto wallet project. MoneySaver App is an application created to aggregate various discount cards on a mobile device. The main advantage of the MoneySaver App is that the user can easily access any discounts at any moment from anywhere. The idea of the app appeared as a way of simplifying the use of discount cards, enabling people to share them with anyone and get new discounts. It is also focused on developing and implementing the cryptocurrency wallet project. The Company creates a service with the ability to manage cryptocurrency funds. The cryptocurrency wallet will have the functionality of buying coins by bank deposit and payment gateway.
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