Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Effective Interest Rate on Debt % : 10.28% (As of Mar. 2024)

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What is Strategic Environmental & Energy Resources 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. Strategic Environmental & Energy Resources's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.89 Mil. Strategic Environmental & Energy Resources's average total debt for the quarter that ended in Mar. 2024 was $8.64 Mil. Therefore, Strategic Environmental & Energy Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 10.28%.

Strategic Environmental & Energy Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Strategic Environmental & Energy Resources'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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Strategic Environmental & Energy Resources Effective Interest Rate on Debt % Chart

Strategic Environmental & Energy Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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13.47

15.65

11.21

10.68

Strategic Environmental & Energy Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															10.04	10.55	10.36	10.43	10.28

Competitive Comparison of Strategic Environmental & Energy Resources's Effective Interest Rate on Debt %

For the Waste Management subindustry, Strategic Environmental & Energy Resources'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.

Strategic Environmental & Energy Resources's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Strategic Environmental & Energy Resources's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Strategic Environmental & Energy Resources's Effective Interest Rate on Debt % falls into.

Strategic Environmental & Energy Resources Effective Interest Rate on Debt % Calculation

Strategic Environmental & Energy Resources'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 * -0.877	/	( (7.874	+	8.544)	/ 2 )
=	-1 * -0.877	/	8.209
=	10.68 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.058	+	5.816
=	7.874

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.989	+	6.555
=	8.544

Strategic Environmental & Energy Resources'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 * -0.888	/	( (8.544	+	8.735)	/ 2 )
=	-1 * -0.888	/	8.6395
=	10.28 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.989	+	6.555
=	8.544

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.97	+	6.765
=	8.735

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.

Strategic Environmental & Energy Resources (OTCPK:SENR) Effective Interest Rate on Debt % Explanation

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

Strategic Environmental & Energy Resources Effective Interest Rate on Debt % Related Terms

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Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Strategic Environmental & Energy Resources Inc (OTCPK:SENR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Interlocken Boulevard, Suite 680, Broomfield, CO, USA, 80021

Website

https://www.seer-corp.com

Strategic Environmental & Energy Resources Inc provides environmental, renewable fuels and industrial waste stream management services to oil producers and refiners, railcar operators, industrial and manufacturing companies, medical facilities, government agencies, universities, and environmental consulting firms. The company operates in two business segments including Environmental Solutions and Solid Waste. It generates maximum revenue from the Environmental Solutions segment.

Executives

Fortunato Villamagna	officer: President, PWS*	10805 BERNINE DR., LAS VEGAS NV 89141
Michael John Cardillo	officer: President- REGS, LLC	7801 BTIGHTON ROAD, COMMERCE CITY CO 80022
Michael Jeffrey Readey	officer: Executive VP	751 PINE RIDGE ROAD, GOLDEN CO 80403
Monty R Lamirato	officer: Acting Chief Financial Officer
Combs Joseph John Iii	director, officer: CEO	7801 BRIGHTON ROAD, COMMERCE CITY CO 80022
John Paul Jenkin	director, officer: Executive VP	7801 BRIGHTON ROAD, COMMERCE CITY CO 80022