LZGI (LZG International) Effective Interest Rate on Debt %: 7.39% (As of Feb. 2023)

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What is LZG International Effective Interest Rate on Debt %?

LZG International LZGI Effective Interest Rate on Debt % is 7.39% as of Feb. 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. LZG International's annualized positive value of Interest Expense for the quarter that ended in Feb. 2023 was $0.99 Mil. LZG International's average total debt for the quarter that ended in Feb. 2023 was $13.42 Mil. Therefore, LZG International's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2023 was 7.39%.


LZG International  (OTCPK:LZGI) Effective Interest Rate on Debt % Explanation

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


LZG International Effective Interest Rate on Debt % Related Terms


LZG International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for LZG International'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.

LZG International Effective Interest Rate on Debt % Chart

LZG International Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 8.00 7.94 7.82 1.18

LZG International Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 8.18 1.23 8.24 7.23 7.39

LZGI vs QGSI, BMTX, NXPL: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, LZG International'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.


LZG International Effective Interest Rate on Debt % vs Software Industry

For the Software industry and Technology sector, LZG International's Effective Interest Rate on Debt % distribution charts can be found below:

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



LZG International Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2021 )+Total Debt  (A: May. 2022 ))/ count )
=-1  *  -0.019/( (0.213+3)/ 2 )
=-1  *  -0.019/1.6065
=1.18 %

where

Total Debt  (A: May. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.024 + 0.189
=0.213

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2022 )+Total Debt  (Q: Feb. 2023 ))/ count )
=-1  *  -0.992/( (13.33+13.5)/ 2 )
=-1  *  -0.992/13.415
=7.39 %

where

Total Debt  (Q: Nov. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.109 + 10.221
=13.33

Total Debt  (Q: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.152 + 10.348
=13.5

* 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 (Feb. 2023) 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 7.39% mean?
LZG International (LZGI) has a Effective Interest Rate on Debt % of 7.39% as of Feb. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on LZG International and its competitors.
Is LZG International's Effective Interest Rate on Debt % too high?
LZG International's current Effective Interest Rate on Debt % is 7.39%.
How does LZG International's Effective Interest Rate on Debt % compare to QGSI and BMTX?
LZG International's Effective Interest Rate on Debt % of 7.39% can be compared against companies in the Software 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 Software company?
A good Effective Interest Rate on Debt % depends on the Software 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 LZG International and its competitors. LZG International's current Effective Interest Rate on Debt % is 7.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LZG International stock overvalued right now?
LZG International (LZGI) has a current Effective Interest Rate on Debt % of 7.39%. The current Effective Interest Rate on Debt % is 7.39%. 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 LZG International (LZGI), the current Effective Interest Rate on Debt % is 7.39% as of Feb. 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.

LZG International Business Description

Address 135 West 41st Street, Suite 5-104, New York, NY, USA, 10036
LZG International Inc is a provider of AI solutions to businesses. Its AI Solutions are supported by the Outcomes software platform and various team members focused on helping SMEs be more effective and efficient. The company is also engaged in marketing the FatBrain technology, which transforms continuous learning, narrative reasoning, cloud, blockchain, and Web3 technologies into auditable, explainable, and easy-to-integrate products. The FatBrain's subscription model allows all companies to deploy its AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via the cloud.