QREE (Quantum Energy) Effective Interest Rate on Debt %: 12.84% (As of Nov. 2022)

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QREE Quantum Energy Inc QREE
35 GF Score
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What is Quantum Energy Effective Interest Rate on Debt %?

Quantum Energy QREE 35 Effective Interest Rate on Debt % is 12.84% as of Nov. 2022. GuruFocus rates QREE with a GF Score™ of 35/100.

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. Quantum Energy's annualized positive value of Interest Expense for the quarter that ended in Nov. 2022 was $0.32 Mil. Quantum Energy's average total debt for the quarter that ended in Nov. 2022 was $2.49 Mil. Therefore, Quantum Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2022 was 12.84%.

Quantum Energy  (OTCPK:QREE) Effective Interest Rate on Debt % Explanation

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

Quantum Energy Effective Interest Rate on Debt % Related Terms

Quantum Energy Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Quantum Energy'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.

Quantum Energy Effective Interest Rate on Debt % Chart

Quantum Energy Annual Data
Trend Feb10 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 0.00 0.00 309.94 11.20

Quantum Energy Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 6.59 8.00 3.51 5.59 12.84

QREE vs NBHC, PROV, NASB: Effective Interest Rate on Debt % Comparison

For the Other Industrial Metals & Mining subindustry, Quantum Energy'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.

Quantum Energy Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quantum Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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


QREE
35GF Score
Quantum Energy Inc QREE
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Quantum Energy Effective Interest Rate on Debt % Calculation

Quantum Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2020 )+Total Debt  (A: Feb. 2021 ))/ count )
=-1  *  -0.028/( (0.25+0.25)/ 2 )
=-1  *  -0.028/0.25
=11.20 %

where

Total Debt  (A: Feb. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.25
=0.25

Total Debt  (A: Feb. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.25
=0.25

Quantum Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2022 )+Total Debt  (Q: Nov. 2022 ))/ count )
=-1  *  -0.32/( (0.033+4.951)/ 2 )
=-1  *  -0.32/2.492
=12.84 %

where

Total Debt  (Q: Aug. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.033
=0.033

Total Debt  (Q: Nov. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 4.951
=4.951

* 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 (Nov. 2022) 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 12.84% mean?
Quantum Energy (QREE) has a Effective Interest Rate on Debt % of 12.84% as of Nov. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Quantum Energy and its competitors.
Is Quantum Energy's Effective Interest Rate on Debt % too high?
Quantum Energy's current Effective Interest Rate on Debt % is 12.84%. Overall, Quantum Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Quantum Energy's Effective Interest Rate on Debt % compare to NBHC and PROV?
Quantum Energy's Effective Interest Rate on Debt % of 12.84% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining 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 Quantum Energy and its competitors. Quantum Energy's current Effective Interest Rate on Debt % is 12.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum Energy stock overvalued right now?
Quantum Energy (QREE) has a current Effective Interest Rate on Debt % of 12.84%. The current Effective Interest Rate on Debt % is 12.84%. Quantum Energy's overall GF Score™ is 35/100. 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 Quantum Energy (QREE), the current Effective Interest Rate on Debt % is 12.84% as of Nov. 2022. 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.

Quantum Energy Business Description

Address 3805 Rockbottom, North Las Vegas, NV, USA, 89030
Quantum Energy Inc focuses on sourcing and processing Rare Earth (RE) elements, metals, and oxides thereby supporting the current and future production demands of the transportation, communications, space, and computing industries. It processes rare earth elements, metals, and oxides. It also manufactures and distributes magnets, oxides, and alloys.
35GF Score

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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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