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

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What is Aquarius Engines 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. Aquarius Engines's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Aquarius Engines's average total debt for the quarter that ended in Dec. 2023 was $5.24 Mil. Therefore, Aquarius Engines's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Aquarius Engines Effective Interest Rate on Debt % Historical Data

The historical data trend for Aquarius Engines'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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Aquarius Engines Effective Interest Rate on Debt % Chart

Aquarius Engines Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.86

5.41

3.96

6.39

8.62

Aquarius Engines Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										138.86	26.73	-207.10	-	-

Competitive Comparison of Aquarius Engines's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Aquarius Engines'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.

Aquarius Engines's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Aquarius Engines Effective Interest Rate on Debt % Calculation

Aquarius Engines'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 * -0.421	/	( (5.66	+	4.113)	/ 2 )
=	-1 * -0.421	/	4.8865
=	8.62 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.756	+	0.904
=	5.66

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.975	+	1.138
=	4.113

Aquarius Engines'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	/	( (6.375	+	4.113)	/ 2 )
=	-1 * 0	/	5.244
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.386	+	0.989
=	6.375

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.975	+	1.138
=	4.113

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

Aquarius Engines (OTCPK:AQUEF) Effective Interest Rate on Debt % Explanation

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

Aquarius Engines Effective Interest Rate on Debt % Related Terms

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