Draganfly Investments (LSE:DRG) Effective Interest Rate on Debt %: 0.00% (As of Oct. 2017)

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What is Draganfly Investments Effective Interest Rate on Debt %?

Draganfly Investments LSE:DRG Effective Interest Rate on Debt % is 0.00% as of Oct. 2017. The stock has 5 warning signs investors should review.

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. Draganfly Investments's annualized positive value of Interest Expense for the quarter that ended in Oct. 2017 was £0.00 Mil. Draganfly Investments's average total debt for the quarter that ended in Oct. 2017 was £0.00 Mil. Therefore, Draganfly Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2017 was N/A%.


Draganfly Investments  (LSE:DRG) Effective Interest Rate on Debt % Explanation

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


Draganfly Investments Effective Interest Rate on Debt % Related Terms


Draganfly Investments Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments Effective Interest Rate on Debt % Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Draganfly Investments Semi-Annual Data
Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17
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 0.00 0.00 0.00 0.00 0.00

Draganfly Investments Effective Interest Rate on Debt % Competitor Comparison

For the Asset Management subindustry, Draganfly Investments'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.


Draganfly Investments Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Draganfly Investments's Effective Interest Rate on Debt % distribution charts can be found below:

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



Draganfly Investments Effective Interest Rate on Debt % Calculation

Draganfly Investments's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2016 )+Total Debt  (A: Apr. 2017 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Draganfly Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2017 )+Total Debt  (Q: Oct. 2017 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

* 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 (Oct. 2017) 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 0.00% mean?
Draganfly Investments (LSE:DRG) has a Effective Interest Rate on Debt % of 0.00% as of Oct. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Draganfly Investments and its competitors.
Is Draganfly Investments' Effective Interest Rate on Debt % too high?
Draganfly Investments' current Effective Interest Rate on Debt % is 0.00%.
How does Draganfly Investments' Effective Interest Rate on Debt % compare to competitors?
Draganfly Investments' Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Asset Management 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 Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management 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 Draganfly Investments and its competitors. Draganfly Investments's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 Draganfly Investments (LSE:DRG), the current Effective Interest Rate on Debt % is 0.00% as of Oct. 2017. 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.

Draganfly Investments Business Description

Draganfly Investments Ltd is a part of the financial services sector in the United Kingdom. The key activities of the company include investment trading and holding a small portfolio of investments. The company's objective is that the funding of investment assets is primarily met from shareholders' funds. Draganfly Investments focus on a wide range of economic sector for investment opportunities.