DRNG (Drone Guarder) Effective Interest Rate on Debt %: 15.18% (As of Oct. 2018)

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What is Drone Guarder Effective Interest Rate on Debt %?

Drone Guarder DRNG -99.00% Effective Interest Rate on Debt % is 15.18% as of Oct. 2018.

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. Drone Guarder's annualized positive value of Interest Expense for the quarter that ended in Oct. 2018 was $0.12 Mil. Drone Guarder's average total debt for the quarter that ended in Oct. 2018 was $0.76 Mil. Therefore, Drone Guarder's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2018 was 15.18%.

Drone Guarder  (OTCPK:DRNG) Effective Interest Rate on Debt % Explanation

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

Drone Guarder Effective Interest Rate on Debt % Related Terms

Drone Guarder Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Effective Interest Rate on Debt % Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 14.29 0.00 8.33 7.92 12.50

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 9.64 14.81 20.13 17.71 15.18

DRNG vs BLPG, VII, HCGS: Effective Interest Rate on Debt % Comparison

For the Security & Protection Services subindustry, Drone Guarder'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.

Drone Guarder Effective Interest Rate on Debt % vs Business Services Industry

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

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


Drone Guarder Effective Interest Rate on Debt % Calculation

Drone Guarder's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2017 )+Total Debt  (A: Jan. 2018 ))/ count )
=-1  *  -0.023/( (0.063+0.305)/ 2 )
=-1  *  -0.023/0.184
=12.50 %

where

Total Debt  (A: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.063
=0.063

Total Debt  (A: Jan. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.305
=0.305

Drone Guarder's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2018 )+Total Debt  (Q: Oct. 2018 ))/ count )
=-1  *  -0.116/( (0.634+0.894)/ 2 )
=-1  *  -0.116/0.764
=15.18 %

where

Total Debt  (Q: Jul. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.634
=0.634

Total Debt  (Q: Oct. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.894
=0.894

* 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 (Oct. 2018) 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 15.18% mean?
Drone Guarder (DRNG) has a Effective Interest Rate on Debt % of 15.18% as of Oct. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Effective Interest Rate on Debt % too high?
Drone Guarder's current Effective Interest Rate on Debt % is 15.18%.
How does Drone Guarder's Effective Interest Rate on Debt % compare to BLPG and VII?
Drone Guarder's Effective Interest Rate on Debt % of 15.18% can be compared against companies in the Business 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 Business Services company?
A good Effective Interest Rate on Debt % depends on the Business 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 Drone Guarder and its competitors. Drone Guarder's current Effective Interest Rate on Debt % is 15.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Effective Interest Rate on Debt % of 15.18%. The current Effective Interest Rate on Debt % is 15.18%. 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 Drone Guarder (DRNG), the current Effective Interest Rate on Debt % is 15.18% as of Oct. 2018. 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.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.