Eqonex (HAM:616A) Effective Interest Rate on Debt %: 4.47% (As of Mar. 2022)

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HAM:616A Eqonex Ltd HAM:616A
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What is Eqonex Effective Interest Rate on Debt %?

Eqonex HAM:616A 14 Effective Interest Rate on Debt % is 4.47% as of Mar. 2022. GuruFocus rates HAM:616A with a GF Score™ of 14/100.

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. Eqonex's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was €0.26 Mil. Eqonex's average total debt for the quarter that ended in Mar. 2022 was €5.81 Mil. Therefore, Eqonex's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 4.47%.


Eqonex  (HAM:616A) Effective Interest Rate on Debt % Explanation

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


Eqonex Effective Interest Rate on Debt % Related Terms


Eqonex Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Eqonex'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.

Eqonex Effective Interest Rate on Debt % Chart

Eqonex Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Effective Interest Rate on Debt %
5.70 12.53 12.59 6.37

Eqonex Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22
Effective Interest Rate on Debt % Get a 7-Day Free Trial 12.18 21.77 12.35 8.14 4.47

HAM:616A vs SIEB, LGHL, HGBL: Effective Interest Rate on Debt % Comparison

For the Capital Markets subindustry, Eqonex'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.


Eqonex Effective Interest Rate on Debt % vs Capital Markets Industry

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

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


HAM:616A
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Eqonex Ltd HAM:616A
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eqonex Effective Interest Rate on Debt % Calculation

Eqonex's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2021 )+Total Debt  (A: Mar. 2022 ))/ count )
=-1  *  -0.246/( (0.729+6.994)/ 2 )
=-1  *  -0.246/3.8615
=6.37 %

where

Total Debt  (A: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.113 + 0.616
=0.729

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.147 + 0.847
=6.994

Eqonex's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2021 )+Total Debt  (Q: Mar. 2022 ))/ count )
=-1  *  -0.26/( (4.628+6.994)/ 2 )
=-1  *  -0.26/5.811
=4.47 %

where

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.792 + 0.836
=4.628

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.147 + 0.847
=6.994

* 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 two times the semi-annual (Mar. 2022) 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 4.47% mean?
Eqonex (HAM:616A) has a Effective Interest Rate on Debt % of 4.47% as of Mar. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Eqonex and its competitors.
Is Eqonex's Effective Interest Rate on Debt % too high?
Eqonex's current Effective Interest Rate on Debt % is 4.47%. Overall, Eqonex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Eqonex's Effective Interest Rate on Debt % compare to SIEB and LGHL?
Eqonex's Effective Interest Rate on Debt % of 4.47% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Effective Interest Rate on Debt % depends on the Capital Markets 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 Eqonex and its competitors. Eqonex's current Effective Interest Rate on Debt % is 4.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqonex stock overvalued right now?
Eqonex (HAM:616A) has a current Effective Interest Rate on Debt % of 4.47%. The current Effective Interest Rate on Debt % is 4.47%. Eqonex's overall GF Score™ is 14/100. 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 Eqonex (HAM:616A), the current Effective Interest Rate on Debt % is 4.47% as of Mar. 2022. 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.

Eqonex Business Description

Address Three Pacific Place, 1 Queen’s Road East, Suites 1206-1209, Level 12, Hong Kong, HKG
Eqonex Ltd is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security that are accustomed to in traditional financial markets. EQONEX's ecosystem encompasses EQONEX Exchange, a digital asset exchange; Digivault, a FCA accredited hot and cold digital assets custodian and Bletchley Park Asset Management, a fund of crypto-hedge funds.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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