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ATIF Holdings (ATIF Holdings) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)


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What is ATIF Holdings 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. ATIF Holdings's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.00 Mil. ATIF Holdings's average total debt for the quarter that ended in Jan. 2024 was $0.91 Mil. Therefore, ATIF Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.00%.


ATIF Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for ATIF Holdings'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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ATIF Holdings Effective Interest Rate on Debt % Chart

ATIF Holdings Annual Data
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Effective Interest Rate on Debt %
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ATIF Holdings Quarterly Data
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Competitive Comparison of ATIF Holdings's Effective Interest Rate on Debt %

For the Capital Markets subindustry, ATIF Holdings'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.


ATIF Holdings's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ATIF Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



ATIF Holdings Effective Interest Rate on Debt % Calculation

ATIF Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2022 )+Total Debt  (A: Jul. 2023 ))/ count )
=-1  *  0/( (1.418+1.104)/ 2 )
=-1  *  0/1.261
=0.00 %

where

Total Debt  (A: Jul. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.985 + 0.433
=1.418

Total Debt  (A: Jul. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.689 + 0.415
=1.104

ATIF Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  0/( (1.006+0.818)/ 2 )
=-1  *  0/0.912
=0.00 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.631 + 0.375
=1.006

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.528 + 0.29
=0.818

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


ATIF Holdings  (NAS:ATIF) Effective Interest Rate on Debt % Explanation

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


ATIF Holdings Effective Interest Rate on Debt % Related Terms

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ATIF Holdings (ATIF Holdings) Business Description

Traded in Other Exchanges
N/A
Address
25391 Commercentre Dr, Ste 200, Lake Forest, CA, USA, 92630
ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.
Executives
Liu Kwong Sang director 1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu director, 10 percent owner, officer: Chief Executive Officer ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming director, officer: Chief Financial Officer ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd 10 percent owner 25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630