MGRT (Mega Fortune Co) Effective Interest Rate on Debt %: 4.24% (As of Sep. 2025)

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MGRT Mega Fortune Co Ltd MGRT
24 GF Score
Price $98.99
! 1 Warning Sign
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What is Mega Fortune Co Effective Interest Rate on Debt %?

Mega Fortune Co MGRT +11.10% 24 Effective Interest Rate on Debt % is 4.24% as of Sep. 2025. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign 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. Mega Fortune Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2025 was $0.03 Mil. Mega Fortune Co's average total debt for the quarter that ended in Sep. 2025 was $0.61 Mil. Therefore, Mega Fortune Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2025 was 4.24%.


Mega Fortune Co  (NAS:MGRT) Effective Interest Rate on Debt % Explanation

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


Mega Fortune Co Effective Interest Rate on Debt % Related Terms


Mega Fortune Co Effective Interest Rate on Debt % Historical Data

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The historical data trend for Mega Fortune Co'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.

Mega Fortune Co Effective Interest Rate on Debt % Chart

Mega Fortune Co Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Effective Interest Rate on Debt %
2.16 2.73 3.33 3.11

Mega Fortune Co Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Effective Interest Rate on Debt % Get a 7-Day Free Trial 3.58 3.46 3.19 2.52 4.24

MGRT vs VYX, GLOB, EFOR: Effective Interest Rate on Debt % Comparison

For the Information Technology Services subindustry, Mega Fortune Co'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.


Mega Fortune Co Effective Interest Rate on Debt % vs Software Industry

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

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


MGRT
24GF Score
Mega Fortune Co Ltd MGRT
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Fortune Co Effective Interest Rate on Debt % Calculation

Mega Fortune Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2024 )+Total Debt  (A: Sep. 2025 ))/ count )
=-1  *  -0.02/( (0.586+0.7)/ 2 )
=-1  *  -0.02/0.643
=3.11 %

where

Total Debt  (A: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.478 + 0.108
=0.586

Total Debt  (A: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.378 + 0.322
=0.7

Mega Fortune Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2025 )+Total Debt  (Q: Sep. 2025 ))/ count )
=-1  *  -0.026/( (0.526+0.7)/ 2 )
=-1  *  -0.026/0.613
=4.24 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.429 + 0.097
=0.526

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.378 + 0.322
=0.7

* 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 (Sep. 2025) 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 4.24% mean?
Mega Fortune Co (MGRT) has a Effective Interest Rate on Debt % of 4.24% as of Sep. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mega Fortune Co and its competitors.
Is Mega Fortune Co's Effective Interest Rate on Debt % too high?
Mega Fortune Co's current Effective Interest Rate on Debt % is 4.24%. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Effective Interest Rate on Debt % compare to VYX and GLOB?
Mega Fortune Co's Effective Interest Rate on Debt % of 4.24% 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 Mega Fortune Co and its competitors. Mega Fortune Co's current Effective Interest Rate on Debt % is 4.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Effective Interest Rate on Debt % of 4.24%. The current Effective Interest Rate on Debt % is 4.24%. Mega Fortune Co's overall GF Score™ is 24/100 with 1 warning sign 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 Mega Fortune Co (MGRT), the current Effective Interest Rate on Debt % is 4.24% as of Sep. 2025. 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.

Mega Fortune Co Business Description

Address Science Park West Avenue, Unit 327 3/F 16W 16, Shatin, New Territories, Hong Kong, HKG
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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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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