SING (SinglePoint) Effective Interest Rate on Debt %: 93.18% (As of Dec. 2024)


SING SinglePoint Inc SING
12 GF Score
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What is SinglePoint Effective Interest Rate on Debt %?

SinglePoint SING 12 Effective Interest Rate on Debt % is 93.18% as of Dec. 2024. GuruFocus rates SING with a GF Score™ of 12/100.

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. SinglePoint's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $2.44 Mil. SinglePoint's average total debt for the quarter that ended in Dec. 2024 was $2.62 Mil. Therefore, SinglePoint's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 93.18%.

SinglePoint  (OTCPK:SING) Effective Interest Rate on Debt % Explanation

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

SinglePoint Effective Interest Rate on Debt % Related Terms

SinglePoint Effective Interest Rate on Debt % Historical Data

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The historical data trend for SinglePoint'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.

SinglePoint Effective Interest Rate on Debt % Chart

SinglePoint Annual Data
Trend Oct08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.62 5.58 24.12 25.60 85.22

SinglePoint Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 25.86 135.16 107.72 110.30 93.18

SING vs VSTTF, NOVAQ, FSLR: Effective Interest Rate on Debt % Comparison

For the Solar subindustry, SinglePoint'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.

SinglePoint Effective Interest Rate on Debt % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SinglePoint's Effective Interest Rate on Debt % distribution charts can be found below:

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


SING
12GF Score
SinglePoint Inc SING
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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SinglePoint Effective Interest Rate on Debt % Calculation

SinglePoint's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -3.428/( (5.158+2.887)/ 2 )
=-1  *  -3.428/4.0225
=85.22 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.392 + 3.766
=5.158

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.969 + 1.918
=2.887

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -2.44/( (2.35+2.887)/ 2 )
=-1  *  -2.44/2.6185
=93.18 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.135 + 1.215
=2.35

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.969 + 1.918
=2.887

* 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. 2024) 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 93.18% mean?
SinglePoint (SING) has a Effective Interest Rate on Debt % of 93.18% as of Dec. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SinglePoint and its competitors.
Is SinglePoint's Effective Interest Rate on Debt % too high?
SinglePoint's current Effective Interest Rate on Debt % is 93.18%. Overall, SinglePoint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SinglePoint's Effective Interest Rate on Debt % compare to VSTTF and NOVAQ?
SinglePoint's Effective Interest Rate on Debt % of 93.18% can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Effective Interest Rate on Debt % depends on the Semiconductors 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 SinglePoint and its competitors. SinglePoint's current Effective Interest Rate on Debt % is 93.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinglePoint stock overvalued right now?
SinglePoint (SING) has a current Effective Interest Rate on Debt % of 93.18%. The current Effective Interest Rate on Debt % is 93.18%. SinglePoint's overall GF Score™ is 12/100. 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 SinglePoint (SING), the current Effective Interest Rate on Debt % is 93.18% as of Dec. 2024. 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.

SinglePoint Business Description

Address 3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016
SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. Its primary focus is sustainability by providing an integrated solar energy solution for the customers and clean environment solutions through its air purification business. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector, addressing the need for air purification in schools and offices. The company is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service, and additional energy-efficient appliances that enhance sustainability.
12GF 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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