DGCMF (Digital Commodities Capital) Effective Interest Rate on Debt % : 7.02% (As of Nov. 2024)

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What is Digital Commodities Capital 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. Digital Commodities Capital's annualized positive value of Interest Expense for the quarter that ended in Nov. 2024 was $0.02 Mil. Digital Commodities Capital's average total debt for the quarter that ended in Nov. 2024 was $0.23 Mil. Therefore, Digital Commodities Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 was 7.02%.

Digital Commodities Capital Effective Interest Rate on Debt % Historical Data

The historical data trend for Digital Commodities Capital'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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Digital Commodities Capital Effective Interest Rate on Debt % Chart

Digital Commodities Capital Annual Data

Trend

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

8.22

8.16

8.20

Digital Commodities Capital Quarterly Data
	Aug20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial											7.48	7.25	9.38	8.38	7.02

Competitive Comparison of Digital Commodities Capital's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Digital Commodities Capital'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.

Digital Commodities Capital's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Digital Commodities Capital's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Digital Commodities Capital Effective Interest Rate on Debt % Calculation

Digital Commodities Capital's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -0.01	/	( (0.074	+	0.17)	/ 2 )
=	-1 * -0.01	/	0.122
=	8.20 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.074
=	0.074

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.17
=	0.17

Digital Commodities Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2024 )	+	Total Debt (Q: Nov. 2024 ))	/ count )
=	-1 * -0.016	/	( (0.211	+	0.245)	/ 2 )
=	-1 * -0.016	/	0.228
=	7.02 %

where

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.211
=	0.211

	Total Debt (Q: Nov. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.245
=	0.245

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

Digital Commodities Capital (OTCPK:DGCMF) Effective Interest Rate on Debt % Explanation

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

Digital Commodities Capital Effective Interest Rate on Debt % Related Terms

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Digital Commodities Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Digital Commodities Capital Corp (OTCPK:DGCMF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

W040:Germany RIPP:Canada

Address

West Broadway, Suite 830-999, Vancouver, BC, CAN, V5Z 1K5

Website

https://www.digitalcommodities.com

Digital Commodities Capital Corp is an Investment company. The company focuses on diversifying into digital cryptocurrencies, tangible hard commodities and the equity of companies to offer stability and growth in volatile economic landscape.

Digital Commodities Capital Headlines

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