DVRNF (Deveron) Effective Interest Rate on Debt %: 9.09% (As of Mar. 2025)


What is Deveron Effective Interest Rate on Debt %?

Deveron DVRNF Effective Interest Rate on Debt % is 9.09% as of Mar. 2025.

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. Deveron's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $2.84 Mil. Deveron's average total debt for the quarter that ended in Mar. 2025 was $31.25 Mil. Therefore, Deveron's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 9.09%.

Deveron  (OTCPK:DVRNF) Effective Interest Rate on Debt % Explanation

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

Deveron Effective Interest Rate on Debt % Related Terms

Deveron Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Deveron'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.

Deveron Effective Interest Rate on Debt % Chart

Deveron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.83 6.11 9.51 13.20 7.34

Deveron Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.75 5.06 4.40 4.56 9.09

DVRNF vs HWNI, FRQN, IBM: Effective Interest Rate on Debt % Comparison

For the Information Technology Services subindustry, Deveron'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.

Deveron Effective Interest Rate on Debt % vs Software Industry

For the Software industry and Technology sector, Deveron's Effective Interest Rate on Debt % distribution charts can be found below:

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


Deveron Effective Interest Rate on Debt % Calculation

Deveron's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -2.551/( (36.05+33.457)/ 2 )
=-1  *  -2.551/34.7535
=7.34 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.948 + 6.102
=36.05

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.316 + 24.141
=33.457

Deveron's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -2.84/( (31.263+31.234)/ 2 )
=-1  *  -2.84/31.2485
=9.09 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.128 + 29.135
=31.263

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.44 + 25.794
=31.234

* 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 (Mar. 2025) 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 9.09% mean?
Deveron (DVRNF) has a Effective Interest Rate on Debt % of 9.09% as of Mar. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Deveron and its competitors.
Is Deveron's Effective Interest Rate on Debt % too high?
Deveron's current Effective Interest Rate on Debt % is 9.09%.
How does Deveron's Effective Interest Rate on Debt % compare to HWNI and FRQN?
Deveron's Effective Interest Rate on Debt % of 9.09% can be compared against companies in the Software 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 Software company?
A good Effective Interest Rate on Debt % depends on the Software 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 Deveron and its competitors. Deveron's current Effective Interest Rate on Debt % is 9.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deveron stock overvalued right now?
Deveron (DVRNF) has a current Effective Interest Rate on Debt % of 9.09%. The current Effective Interest Rate on Debt % is 9.09%. 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 Deveron (DVRNF), the current Effective Interest Rate on Debt % is 9.09% as of Mar. 2025. 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.

Deveron Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company focused on providing data acquisition services and data analytics to the farming sector in North America. It operates four agriculture testing facilities in North America and provides testing and insights on over nearly one million data points a year. The company comprise one reportable operating segment: data acquisition services and data analytics sector in Canada and in the USA.