MCLWF (mCloud Technologies) Effective Interest Rate on Debt %: 9.28% (As of Sep. 2022)

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MCLWF mCloud Technologies Corp MCLWF
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What is mCloud Technologies Effective Interest Rate on Debt %?

mCloud Technologies MCLWF 12 Effective Interest Rate on Debt % is 9.28% as of Sep. 2022. GuruFocus rates MCLWF with a GF Score™ of 12/100. 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. mCloud Technologies's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $4.51 Mil. mCloud Technologies's average total debt for the quarter that ended in Sep. 2022 was $48.61 Mil. Therefore, mCloud Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 9.28%.


mCloud Technologies  (OTCPK:MCLWF) Effective Interest Rate on Debt % Explanation

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


mCloud Technologies Effective Interest Rate on Debt % Related Terms


mCloud Technologies Effective Interest Rate on Debt % Historical Data

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The historical data trend for mCloud Technologies'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.

mCloud Technologies Effective Interest Rate on Debt % Chart

mCloud Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 93.84 17.15 16.19 17.98

mCloud Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 14.13 15.88 16.37 13.85 9.28

MCLWF vs CRM, INTU, NOW: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, mCloud Technologies'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.


mCloud Technologies Effective Interest Rate on Debt % vs Software Industry

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

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


MCLWF
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mCloud Technologies Corp MCLWF
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mCloud Technologies Effective Interest Rate on Debt % Calculation

mCloud Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -5.513/( (29.83+31.495)/ 2 )
=-1  *  -5.513/30.6625
=17.98 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.268 + 4.562
=29.83

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.182 + 30.313
=31.495

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -4.512/( (50.968+46.244)/ 2 )
=-1  *  -4.512/48.606
=9.28 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.927 + 30.041
=50.968

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.681 + 25.563
=46.244

* 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 (Sep. 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 9.28% mean?
mCloud Technologies (MCLWF) has a Effective Interest Rate on Debt % of 9.28% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on mCloud Technologies and its competitors.
Is mCloud Technologies' Effective Interest Rate on Debt % too high?
mCloud Technologies' current Effective Interest Rate on Debt % is 9.28%. Overall, mCloud Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does mCloud Technologies' Effective Interest Rate on Debt % compare to CRM and INTU?
mCloud Technologies' Effective Interest Rate on Debt % of 9.28% 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 mCloud Technologies and its competitors. mCloud Technologies's current Effective Interest Rate on Debt % is 9.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is mCloud Technologies stock overvalued right now?
mCloud Technologies (MCLWF) has a current Effective Interest Rate on Debt % of 9.28%. The current Effective Interest Rate on Debt % is 9.28%. mCloud Technologies' overall GF Score™ is 12/100 with 5 warning signs to review. 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 mCloud Technologies (MCLWF), the current Effective Interest Rate on Debt % is 9.28% as of Sep. 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.

mCloud Technologies Business Description

Address 550-510 Burrard Street, Vancouver, BC, CAN, V6C 3A8
mCloud Technologies Corp is a software company. It provides AssetCare solutions that are engineered to solve customer hardest asset management challenges with solutions for Energy Management, O&M Excellence, Wind Turbine Management, and Fugitive Emissions. AssetCare is mCloud's portfolio of cloud-powered asset performance management solutions, enabling to identify, act, and track actions improving how the customer operates every asset in organization.
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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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