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Muliang Viagoo Technology (Muliang Viagoo Technology) Effective Interest Rate on Debt % : 18.02% (As of Sep. 2023)


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What is Muliang Viagoo Technology 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. Muliang Viagoo Technology's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.17 Mil. Muliang Viagoo Technology's average total debt for the quarter that ended in Sep. 2023 was $0.95 Mil. Therefore, Muliang Viagoo Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 18.02%.


Muliang Viagoo Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Muliang Viagoo Technology'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.

* Premium members only.

Muliang Viagoo Technology Effective Interest Rate on Debt % Chart

Muliang Viagoo Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 4.49 5.55 10.59 3.97 8.84

Muliang Viagoo Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -4.08 20.32 - - 18.02

Competitive Comparison of Muliang Viagoo Technology's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, Muliang Viagoo Technology'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.


Muliang Viagoo Technology's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Muliang Viagoo Technology's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Muliang Viagoo Technology's Effective Interest Rate on Debt % falls into.



Muliang Viagoo Technology Effective Interest Rate on Debt % Calculation

Muliang Viagoo Technology's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.125/( (1.664+1.163)/ 2 )
=-1  *  -0.125/1.4135
=8.84 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.422 + 1.242
=1.664

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.068 + 1.095
=1.163

Muliang Viagoo Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.172/( (1.038+0.871)/ 2 )
=-1  *  -0.172/0.9545
=18.02 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.064 + 0.974
=1.038

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.064 + 0.807
=0.871

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


Muliang Viagoo Technology  (OTCPK:MULG) Effective Interest Rate on Debt % Explanation

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


Muliang Viagoo Technology Effective Interest Rate on Debt % Related Terms

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Muliang Viagoo Technology (Muliang Viagoo Technology) Business Description

Traded in Other Exchanges
N/A
Address
2498 Wanfeng Highway, Lane 181, Fengjing Town, Jinshan District, Shanghai, CHN, 201501
Muliang Viagoo Technology Inc is in the business of developing, manufacturing, and selling organic fertilizers and bio-organic fertilizers for use in the agricultural industry in the Peoples Republic of China. The company has a fertilizer plant in Weiha City. It is also engaged in the sales of agricultural products in the Peoples' Republic of China.

Muliang Viagoo Technology (Muliang Viagoo Technology) Headlines

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