Cathedra Bitcoin (FRA:FB0) Effective Interest Rate on Debt % : 23.19% (As of Dec. 2024)

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What is Cathedra Bitcoin 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. Cathedra Bitcoin's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €1.10 Mil. Cathedra Bitcoin's average total debt for the quarter that ended in Dec. 2024 was €4.76 Mil. Therefore, Cathedra Bitcoin's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 23.19%.

Cathedra Bitcoin Effective Interest Rate on Debt % Historical Data

The historical data trend for Cathedra Bitcoin'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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Cathedra Bitcoin Effective Interest Rate on Debt % Chart

Cathedra Bitcoin Annual Data

Trend

Dec23

Dec24

Effective Interest Rate on Debt %

16.39

50.79

Cathedra Bitcoin Quarterly Data
	Sep23	Dec23	Sep24	Dec24
Effective Interest Rate on Debt %	-	52.46	151.58	23.19

Competitive Comparison of Cathedra Bitcoin's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Cathedra Bitcoin'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.

Cathedra Bitcoin's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cathedra Bitcoin's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Cathedra Bitcoin Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -1.309	/	( (0.488	+	4.667)	/ 2 )
=	-1 * -1.309	/	2.5775
=	50.79 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.465	+	0.023
=	0.488

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.467	+	4.2
=	4.667

Cathedra Bitcoin's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -1.104	/	( (4.853	+	4.667)	/ 2 )
=	-1 * -1.104	/	4.76
=	23.19 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.073	+	0.78
=	4.853

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.467	+	4.2
=	4.667

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

Cathedra Bitcoin (FRA:FB0) Effective Interest Rate on Debt % Explanation

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

Cathedra Bitcoin Effective Interest Rate on Debt % Related Terms

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Cathedra Bitcoin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (FRA:FB0) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CBTTF:USA FB0:Germany CBIT:Canada

Address

320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3

Website

https://www.cathedra.com

Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications including bitcoin mining and artificial intelligence.

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