Green Stream Holdings (Green Stream Holdings) Effective Interest Rate on Debt % : 12.29% (As of Oct. 2023)

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What is Green Stream Holdings 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. Green Stream Holdings's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was $0.04 Mil. Green Stream Holdings's average total debt for the quarter that ended in Oct. 2023 was $0.36 Mil. Therefore, Green Stream Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 12.29%.

Green Stream Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Green Stream Holdings'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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Green Stream Holdings Effective Interest Rate on Debt % Chart

Green Stream Holdings Annual Data

Trend

Apr07

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Effective Interest Rate on Debt %

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1.47

46.45

9.49

7.66

Green Stream Holdings Quarterly Data
	Apr18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.70	12.52	8.18	20.51	12.29

Competitive Comparison of Green Stream Holdings's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Green Stream Holdings'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.

Green Stream Holdings's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Stream Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Green Stream Holdings Effective Interest Rate on Debt % Calculation

Green Stream Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2022 )	+	Total Debt (A: Apr. 2023 ))	/ count )
=	-1 * -0.048	/	( (0.831	+	0.422)	/ 2 )
=	-1 * -0.048	/	0.6265
=	7.66 %

where

	Total Debt (A: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.831
=	0.831

	Total Debt (A: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.422
=	0.422

Green Stream Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2023 )	+	Total Debt (Q: Oct. 2023 ))	/ count )
=	-1 * -0.044	/	( (0.358	+	0.358)	/ 2 )
=	-1 * -0.044	/	0.358
=	12.29 %

where

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.358
=	0.358

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.358
=	0.358

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

Green Stream Holdings (OTCPK:GSFI) Effective Interest Rate on Debt % Explanation

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

Green Stream Holdings Effective Interest Rate on Debt % Related Terms

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Green Stream Holdings (Green Stream Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Stream Holdings Inc (OTCPK:GSFI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 East Fifth Street, Suite 100, Sheridan, WY, USA, 82801

Website

https://www.greenrainsolar.com

Green Stream Holdings Inc is a provider of next-generation solar energy solutions to underrepresented and growing market segments. It has developed a Solar Greenhouse with an integrated Aquaponics system that allows maximizing growth yield, with limited space, such as on top of commercial rooftops, or standalone space in a water-deprived environment, increasing bottom line profits on continuous growth, and saving on utility costs. It has business operations in California, Nevada, Arizona, Colorado, New Mexico, New York, New Jersey, and Massachusetts. Its project portfolio includes New Solar Green House, Stitch Building, Saint Raymond's Church and School Bronx, Hampton's Solar on Pergola, and Stellar Management.

Executives

James C Diprima	officer: Chief Executive Officer	2211 SOUTH 64TH PLAZA #334, OMAHA NE 68106
James Anthony Ware	director, officer: Vice President	1930 RUHLAND AVE, REDONDO BEACH CA 90278
Katrina Victoria Pulido	director, officer: Secretary	2309 OAK ST. A, SANTA MONICA CA 90405