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Dalrada Financial (Dalrada Financial) Effective Interest Rate on Debt % : 7.44% (As of Dec. 2023)


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What is Dalrada Financial 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. Dalrada Financial's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.86 Mil. Dalrada Financial's average total debt for the quarter that ended in Dec. 2023 was $11.51 Mil. Therefore, Dalrada Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.44%.


Dalrada Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Dalrada Financial'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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Dalrada Financial Effective Interest Rate on Debt % Chart

Dalrada Financial Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.13 25.05 6.66 6.83 15.64

Dalrada Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.61 3.71 6.16 4.76 7.44

Competitive Comparison of Dalrada Financial's Effective Interest Rate on Debt %

For the Consulting Services subindustry, Dalrada Financial'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.


Dalrada Financial's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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



Dalrada Financial Effective Interest Rate on Debt % Calculation

Dalrada Financial'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  *  -2.553/( (24.207+8.434)/ 2 )
=-1  *  -2.553/16.3205
=15.64 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.968 + 12.239
=24.207

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.563 + 1.871
=8.434

Dalrada Financial'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.856/( (10.54+12.478)/ 2 )
=-1  *  -0.856/11.509
=7.44 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.808 + 1.732
=10.54

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.745 + 1.733
=12.478

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


Dalrada Financial  (OTCPK:DFCO) Effective Interest Rate on Debt % Explanation

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


Dalrada Financial Effective Interest Rate on Debt % Related Terms

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Dalrada Financial (Dalrada Financial) Business Description

Traded in Other Exchanges
N/A
Address
600 La Terraza Boulevard, Escondido, CA, USA, 92025
Dalrada Financial Corp is a United States-based company engaged in providing financial, insurance, benefit, and business process outsourcing products and services to companies. Its products include tax strategy solutions, a health plan, payroll advance, and debit card. It manages five primary segments which are follows :- Genefic, Dalrada Energy, Dalrada Precision Manufacturing, Dalrada Technologies and Dalrada Corporate. The company generates majority of its revenue from Genefic segment.
Executives
Brian Bonar director, officer: CEO 17075 VIA DEL CAMPO, SAN DIEGO CA 92127
Brian Christopher Mcgoff director, officer: Chief Operating Officer 600 LA TERRAZA BLVD., ESCONDIDO CA 92025
Anuradha Biswas director 600 LA TERRAZA BLVD., ESCONDIDO CA 92025
Vincent James Monteparte director C/O DALRADA FINANCIAL CORP., 600 LA TERRAZA BLVD., ESCONDIDO CA 92025
Amy Wing Scannell director C/O DALRADA FINANCIAL CORPORATION, 600 LA TERRAZA BLVD., ESCONDIDO CA 92025
Fawad Nisar director, officer: COO 424 PENELOPE DR., SAN MAROS CA 92069
Bijan R Kian director C/O DALRADA FINANCIAL CORP, 600 LA TERRAZA BLVD, ESCONDIDO CA 92025
Jose L. Arrieta director 3600 SOUTH GLEBE RD., UNITE 421, ARLINGTON VA 22202
Kyle Temple Mccollum director, officer: Chief Financial Officer C/O DALRADA FINANCIAL CORP, 600 LA TERRAZA BLVD., ESCONDIDO CA 92025
David J Bacon director C/O DALRADA FINANCIAL CORP., 600 LA TERRAZA BLVD., ESCONDIDO CA 92025
Anthony J Zolezzi director C/O HORIZON ORGANIC, 6311 HORIZON LN, LONGMONT CO 80503
Thomas Giles director 945 BUNKER HILL ROAD, SUITE 500, HOUSTON TX 77024
Guy Brian Kendrick director 19531 CAMPUS DRIVE, SUITE 12, SANTA ANA CA 92707
Harvey Nathan Hershkowitz director 18971 CAMINITO CARTLANA, LOT #4, SAN DIEGO CA 92128
Pauline Gourdie director 15562 RISING RIVER PL S, SAN DIEGO CA 92127