NNRF (NNRI) Effective Interest Rate on Debt %: 0.00% (As of Sep. 2023)

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What is NNRF Effective Interest Rate on Debt %?

NNRF NNRI +17.65% Effective Interest Rate on Debt % is 0.00% as of Sep. 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. NNRF's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. NNRF's average total debt for the quarter that ended in Sep. 2023 was $0.00 Mil. Therefore, NNRF's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was N/A%.

NNRF  (OTCPK:NNRI) Effective Interest Rate on Debt % Explanation

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

NNRF Effective Interest Rate on Debt % Related Terms

NNRF Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for NNRF'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.

NNRF Effective Interest Rate on Debt % Chart

NNRF Annual Data
Trend
Effective Interest Rate on Debt %

NNRF Quarterly Data
Sep22 Sep23
Effective Interest Rate on Debt % 0.00 0.00

NNRI vs LGCP, JPPYY, HMNU: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, NNRF'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.

NNRF Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NNRF's Effective Interest Rate on Debt % distribution charts can be found below:

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


NNRF Effective Interest Rate on Debt % Calculation

NNRF's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

NNRF'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: Sep. 2022 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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.

What does a Effective Interest Rate on Debt % of 0.00% mean?
NNRF (NNRI) has a Effective Interest Rate on Debt % of 0.00% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NNRF and its competitors.
Is NNRF's Effective Interest Rate on Debt % too high?
NNRF's current Effective Interest Rate on Debt % is 0.00%.
How does NNRF's Effective Interest Rate on Debt % compare to LGCP and JPPYY?
NNRF's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Asset Management 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 an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management 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 NNRF and its competitors. NNRF's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NNRF stock overvalued right now?
NNRF (NNRI) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 NNRF (NNRI), the current Effective Interest Rate on Debt % is 0.00% as of Sep. 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.

NNRF Business Description

Address 2475 Hiko Avenue, Reno, NV, USA, 89512
NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.