LCCN (LeapCharger) Effective Interest Rate on Debt %: 9.41% (As of Aug. 2023)

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What is LeapCharger Effective Interest Rate on Debt %?

LeapCharger LCCN Effective Interest Rate on Debt % is 9.41% as of Aug. 2023.

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. LeapCharger's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was $0.01 Mil. LeapCharger's average total debt for the quarter that ended in Aug. 2023 was $0.09 Mil. Therefore, LeapCharger's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 9.41%.

LeapCharger (OTCPK:LCCN) Effective Interest Rate on Debt % Explanation

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

LeapCharger Effective Interest Rate on Debt % Related Terms

LeapCharger Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for LeapCharger'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.

LeapCharger Effective Interest Rate on Debt % Chart

LeapCharger Annual Data

Trend

Dec10

Dec11

Dec12

Nov13

Nov14

Effective Interest Rate on Debt %

0.00

3.52

LeapCharger Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Aug22	Aug23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.03	8.19	8.19	0.00	9.41

LCCN vs HLLK, CDXQ, CIRX: Effective Interest Rate on Debt % Comparison

For the Conglomerates subindustry, LeapCharger'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.

LeapCharger Effective Interest Rate on Debt % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, LeapCharger's Effective Interest Rate on Debt % distribution charts can be found below:

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

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LeapCharger Effective Interest Rate on Debt % Calculation

LeapCharger's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2013 )	+	Total Debt (A: Nov. 2014 ))	/ count )
=	-1 * -0.012	/	( (0	+	0.341)	/ 1 )
=	-1 * -0.012	/	0.341
=	3.52 %

where

	Total Debt (A: Nov. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Nov. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.341
=	0.341

LeapCharger's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2022 )	+	Total Debt (Q: Aug. 2023 ))	/ count )
=	-1 * -0.008	/	( (0	+	0.085)	/ 1 )
=	-1 * -0.008	/	0.085
=	9.41 %

where

	Total Debt (Q: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.085
=	0.085

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

Frequently Asked Questions Learn more about Effective Interest Rate on Debt % →

What does a Effective Interest Rate on Debt % of 9.41% mean?

LeapCharger (LCCN) has a Effective Interest Rate on Debt % of 9.41% as of Aug. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on LeapCharger and its competitors.

Is LeapCharger's Effective Interest Rate on Debt % too high?

LeapCharger's current Effective Interest Rate on Debt % is 9.41%.

How does LeapCharger's Effective Interest Rate on Debt % compare to HLLK and CDXQ?

LeapCharger's Effective Interest Rate on Debt % of 9.41% can be compared against companies in the Conglomerates 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 Conglomerates company?

A good Effective Interest Rate on Debt % depends on the Conglomerates 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 LeapCharger and its competitors. LeapCharger's current Effective Interest Rate on Debt % is 9.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is LeapCharger stock overvalued right now?

LeapCharger (LCCN) has a current Effective Interest Rate on Debt % of 9.41%. The current Effective Interest Rate on Debt % is 9.41%. 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 LeapCharger (LCCN), the current Effective Interest Rate on Debt % is 9.41% as of Aug. 2023. 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.

LeapCharger Business Description

Industry Industrials Conglomerates

Comparable Companies HLLK CDXQ CIRX KDCE IDVV CBCA SPOM AFDG UPIN ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002 TSE:8053

Address 321 W. Winnie Lane, Suite 104, Carson City, NV, USA, 89703

Website https://www.leapcharger.com

LeapCharger Corp formerly Greenplex Services Inc is doing business with electric vehicle (EV) charging solutions for consumers and businesses.