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Moving iMage Technologies (Moving iMage Technologies) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Moving iMage Technologies Effective Interest Rate on Debt %?

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. Moving iMage Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Moving iMage Technologies's average total debt for the quarter that ended in Dec. 2023 was $0.33 Mil. Therefore, Moving iMage Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Moving iMage Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Moving iMage 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.

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Moving iMage Technologies Effective Interest Rate on Debt % Chart

Moving iMage Technologies Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 9.92 9.15 1.58 -

Moving iMage Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Moving iMage Technologies's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Moving iMage 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.


Moving iMage Technologies's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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



Moving iMage Technologies Effective Interest Rate on Debt % Calculation

Moving iMage Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  0/( (0+0.431)/ 1 )
=-1  *  0/0.431
=0.00 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.151 + 0.28
=0.431

Moving iMage Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (0.364+0.296)/ 2 )
=-1  *  0/0.33
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.076 + 0.288
=0.364

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


Moving iMage Technologies  (AMEX:MITQ) Effective Interest Rate on Debt % Explanation

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


Moving iMage Technologies Effective Interest Rate on Debt % Related Terms

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Moving iMage Technologies (Moving iMage Technologies) Business Description

Traded in Other Exchanges
N/A
Address
17760 Newhope Street, Fountain Valley, CA, USA, 92708
Moving iMage Technologies Inc is engaged in providing designed equipment as well as other off the shelf cinema products needed for contemporary cinema requirements. It offers technical, design and consulting services such as custom engineering, systems design, integration and installation, and digital technology, as well as software solutions for operations enhancement and theatre management.
Executives
William F Greene officer: Interim CFO 12220 EL CAMINO REAL #410, CARLSBAD CA 92130
Philip L. Rafnson director, 10 percent owner, officer: CEO, Pres. 17760 NEWHOPE STREET, IRVINE CA 92708
Bevan Wright officer: EVP Operations 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
John Stiska director
Katherine D Crothall director 2425 S. BLUE CRANE DRIVE, JACKSON WY 83001
Jose Delgado officer: EVP Sales & Marketing 11760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Michael R. Sherman officer: CFO 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Scott Lloyd Anderson director 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92075
Sound Management Investors, Llc 10 percent owner 11109 XYLON AVENUE S, BLOOMINGTON MN 55438