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BluMetric Environmental (BluMetric Environmental) Effective Interest Rate on Debt % : 7.73% (As of Dec. 2023)


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What is BluMetric Environmental 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. BluMetric Environmental's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.18 Mil. BluMetric Environmental's average total debt for the quarter that ended in Dec. 2023 was $2.38 Mil. Therefore, BluMetric Environmental's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.73%.


BluMetric Environmental Effective Interest Rate on Debt % Historical Data

The historical data trend for BluMetric Environmental'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.

BluMetric Environmental Effective Interest Rate on Debt % Chart

BluMetric Environmental Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 12.61 8.82 3.71 6.36

BluMetric Environmental Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.26 5.18 6.31 6.00 7.73

Competitive Comparison of BluMetric Environmental's Effective Interest Rate on Debt %

For the Waste Management subindustry, BluMetric Environmental'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.


BluMetric Environmental's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

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

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



BluMetric Environmental Effective Interest Rate on Debt % Calculation

BluMetric Environmental's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -0.117/( (1.614+2.067)/ 2 )
=-1  *  -0.117/1.8405
=6.36 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.968 + 0.646
=1.614

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.333 + 0.734
=2.067

BluMetric Environmental's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.184/( (2.067+2.694)/ 2 )
=-1  *  -0.184/2.3805
=7.73 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.333 + 0.734
=2.067

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.894 + 0.8
=2.694

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


BluMetric Environmental  (OTCPK:SEPOF) Effective Interest Rate on Debt % Explanation

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


BluMetric Environmental Effective Interest Rate on Debt % Related Terms

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BluMetric Environmental (BluMetric Environmental) Business Description

Traded in Other Exchanges
Address
1682 Woodward Drive, Ottawa, ON, CAN, K2C 3R8
BluMetric Environmental Inc is an integrated product and service organization. It principally provides sustainable solutions for complex environmental issues. It serves clients in many industrial sectors, and at all levels of government, both domestically and internationally. The organization offers services and solutions such as environmental earth sciences and engineering; contaminated site remediation; water resource management; industrial hygiene; occupational health and safety; and water and wastewater design-build and pre-engineered solutions. It operates in Canada and internationally, of which the majority of the revenue is derived from the operations in Canada.

BluMetric Environmental (BluMetric Environmental) Headlines

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