HTPRF (HTC Purenergy) Effective Interest Rate on Debt %: 5.17% (As of Dec. 2024)

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What is HTC Purenergy Effective Interest Rate on Debt %?

HTC Purenergy HTPRF Effective Interest Rate on Debt % is 5.17% as of Dec. 2024.

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. HTC Purenergy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.18 Mil. HTC Purenergy's average total debt for the quarter that ended in Dec. 2024 was $3.56 Mil. Therefore, HTC Purenergy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.17%.


HTC Purenergy  (OTCPK:HTPRF) Effective Interest Rate on Debt % Explanation

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


HTC Purenergy Effective Interest Rate on Debt % Related Terms


HTC Purenergy Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for HTC Purenergy'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.

HTC Purenergy Effective Interest Rate on Debt % Chart

HTC Purenergy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.07 4.06 4.88 5.89

HTC Purenergy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24
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 5.05 0.69 12.26 5.36 5.17

HTPRF vs BROGF, FOMI, AVACF: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Equipment & Services subindustry, HTC Purenergy'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.


HTC Purenergy Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HTC Purenergy's Effective Interest Rate on Debt % distribution charts can be found below:

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



HTC Purenergy Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.244/( (4.959+3.329)/ 2 )
=-1  *  -0.244/4.144
=5.89 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.933 + 0.026
=4.959

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.42 + 0.909
=3.329

HTC Purenergy'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  *  -0.184/( (3.615+3.502)/ 2 )
=-1  *  -0.184/3.5585
=5.17 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.699 + 0.916
=3.615

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.616 + 0.886
=3.502

* 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 (Dec. 2024) 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 5.17% mean?
HTC Purenergy (HTPRF) has a Effective Interest Rate on Debt % of 5.17% as of Dec. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on HTC Purenergy and its competitors.
Is HTC Purenergy's Effective Interest Rate on Debt % too high?
HTC Purenergy's current Effective Interest Rate on Debt % is 5.17%.
How does HTC Purenergy's Effective Interest Rate on Debt % compare to BROGF and FOMI?
HTC Purenergy's Effective Interest Rate on Debt % of 5.17% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas 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 HTC Purenergy and its competitors. HTC Purenergy's current Effective Interest Rate on Debt % is 5.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HTC Purenergy stock overvalued right now?
HTC Purenergy (HTPRF) has a current Effective Interest Rate on Debt % of 5.17%. The current Effective Interest Rate on Debt % is 5.17%. 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 HTC Purenergy (HTPRF), the current Effective Interest Rate on Debt % is 5.17% as of Dec. 2024. 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.

HTC Purenergy Business Description

Industry EnergyOil & Gas
Address 2305 Victoria Avenue, Suite 002, Regina, SK, CAN, S4P 0S7
HTC Purenergy Inc is engaged in the development, aggregation, and commercialization of proprietary technologies relating to CO2 capture and CO2 solvent recovery. The company provides services to two industries Industrial and Energy services and Clean Energy Technologies. It operates through one segment: HTC Extraction Systems, which is engaged in the processing of hemp biomass and the provision of related products and services.