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Onfolio Holdings (Onfolio Holdings) Effective Interest Rate on Debt % : 9.61% (As of Mar. 2024)


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What is Onfolio Holdings 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. Onfolio Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.07 Mil. Onfolio Holdings's average total debt for the quarter that ended in Mar. 2024 was $0.75 Mil. Therefore, Onfolio Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.61%.


Onfolio Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Onfolio Holdings'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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Onfolio Holdings Effective Interest Rate on Debt % Chart

Onfolio Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 7.87 0.16 -

Onfolio Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 9.61

Competitive Comparison of Onfolio Holdings's Effective Interest Rate on Debt %

For the Internet Content & Information subindustry, Onfolio Holdings'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.


Onfolio Holdings's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Onfolio Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Onfolio Holdings Effective Interest Rate on Debt % Calculation

Onfolio Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (2.525+0.017)/ 2 )
=-1  *  0/1.271
=0.00 %

where

Onfolio Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.072/( (0.017+1.482)/ 2 )
=-1  *  -0.072/0.7495
=9.61 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.69 + 0.792
=1.482

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Onfolio Holdings  (NAS:ONFO) Effective Interest Rate on Debt % Explanation

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


Onfolio Holdings Effective Interest Rate on Debt % Related Terms

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Onfolio Holdings (Onfolio Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1007 North Orange Street, 4th Floor, Wilmington, DE, USA, 19801
Onfolio Holdings Inc acquires and manages a diversified portfolio of online businesses across a broad range of verticals, each with a niche content focus and brand identity. The company operates in the following verticals: Pets, Arts and Crafts, B2B SEO Services, Molecular Hydrogen Supplements, Computers, Graphic Design, and People Search.
Executives
Yury Byalik officer: Head of Strategy & Acquisition 2400 S OCEAN DRIVE #728, FORT PIERCE FL 34949
Braake Robertus Te officer: Interim CFO RUA ANTONIO DA SILVA 127 6FRT, CASCAIS S1 2750-101
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Mark N Schwartz director
Wells Dominic Benjamin James director, 10 percent owner, officer: CEO, CRO, Chair of Board 10F NO 136, LANE 162, JINGYESAN ROAD, ZHONGSHAN DISTRICT, TAIPEI CITY F5 104
Van Heerden Esbe Louise officer: President 12A BENTLEY STREET, CHRISTCHURCH Q2 8042
Adam Michael Trainor officer: Chief Operations Officer 1420 RENAISSANCE DRIVE, APT P104, LONGMONT CO 80503
David Christopher Mckeegan director 2885 SANFORD AVE SW, SW14713, GRANDVILLE MI 49418
Andrew John Lawrence director 329 S OYSTER BAY RD. #514, PLAINVIEW NY 11803
Hawkins Jack Wayne Iii officer: Chief Financial Officer 613 NEW NORWALK ROAD, NEW CANAAN CT 06840