CYCL (Cycclone) Effective Interest Rate on Debt %: 34.99% (As of Jun. 2023)


What is Cycclone Effective Interest Rate on Debt %?

Cycclone CYCL Effective Interest Rate on Debt % is 34.99% as of Jun. 2023.

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. Cycclone's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.36 Mil. Cycclone's average total debt for the quarter that ended in Jun. 2023 was $1.03 Mil. Therefore, Cycclone's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 34.99%.

Cycclone  (OTCPK:CYCL) Effective Interest Rate on Debt % Explanation

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

Cycclone Effective Interest Rate on Debt % Related Terms

Cycclone Effective Interest Rate on Debt % Historical Data

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The historical data trend for Cycclone'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.

Cycclone Effective Interest Rate on Debt % Chart

Cycclone Annual Data
Trend Oct06 Oct07 Jun08 Jun22 Jun23
Effective Interest Rate on Debt %
0.00 0.00 0.00 0.00 34.99

Cycclone Semi-Annual Data
Oct06 Oct07 Jun22 Jun23
Effective Interest Rate on Debt % 0.00 0.00 0.00 34.99

CYCL vs EEGI, ATYG, DHCC: Effective Interest Rate on Debt % Comparison

For the Shell Companies subindustry, Cycclone'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.

Cycclone Effective Interest Rate on Debt % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cycclone's Effective Interest Rate on Debt % distribution charts can be found below:

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


Cycclone Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.36/( (0+1.029)/ 1 )
=-1  *  -0.36/1.029
=34.99 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.029
=1.029

Cycclone'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: Jun. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.36/( (0+1.029)/ 1 )
=-1  *  -0.36/1.029
=34.99 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.029
=1.029

* 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 one times the annual (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 34.99% mean?
Cycclone (CYCL) has a Effective Interest Rate on Debt % of 34.99% as of Jun. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cycclone and its competitors.
Is Cycclone's Effective Interest Rate on Debt % too high?
Cycclone's current Effective Interest Rate on Debt % is 34.99%.
How does Cycclone's Effective Interest Rate on Debt % compare to EEGI and ATYG?
Cycclone's Effective Interest Rate on Debt % of 34.99% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Diversified Financial Services company?
A good Effective Interest Rate on Debt % depends on the Diversified Financial Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cycclone and its competitors. Cycclone's current Effective Interest Rate on Debt % is 34.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cycclone stock overvalued right now?
Cycclone (CYCL) has a current Effective Interest Rate on Debt % of 34.99%. The current Effective Interest Rate on Debt % is 34.99%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Cycclone (CYCL), the current Effective Interest Rate on Debt % is 34.99% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cycclone Business Description

Address 10/8 Inventory Court, Suite 200-A, Arundel, QLD, AUS, 4214
Cycclone Inc Formerly China Dasheng Biotechnology Co is a design and development company that focuses on permanent magnets as the driving force, rather than a motor. The Company's focus and objective, which is unproven technology, is to invent, design, and develop engines that can supply power on demand utilizing permanent magnets as a driving force.