TGGLF (Toggle3D.ai) Effective Interest Rate on Debt %: 0.00% (As of Jan. 2025)

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What is Toggle3D.ai Effective Interest Rate on Debt %?

Toggle3D.ai TGGLF Effective Interest Rate on Debt % is 0.00% as of Jan. 2025.

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. Toggle3D.ai's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was $0.00 Mil. Toggle3D.ai's average total debt for the quarter that ended in Jan. 2025 was $0.22 Mil. Therefore, Toggle3D.ai's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 0.00%.

Toggle3D.ai  (OTCPK:TGGLF) Effective Interest Rate on Debt % Explanation

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

Toggle3D.ai Effective Interest Rate on Debt % Related Terms

Toggle3D.ai Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Toggle3D.ai'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.

Toggle3D.ai Effective Interest Rate on Debt % Chart

Toggle3D.ai Annual Data
Trend Dec20 Dec21 Dec22 Jan24
Effective Interest Rate on Debt %
0.00 0.00 0.00 0.00

Toggle3D.ai Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 30.57 4.86 0.00

TGGLF vs BBLR, OMQS, PKLE: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Toggle3D.ai'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.

Toggle3D.ai Effective Interest Rate on Debt % vs Software Industry

For the Software industry and Technology sector, Toggle3D.ai's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Toggle3D.ai's Effective Interest Rate on Debt % falls into.


Toggle3D.ai Effective Interest Rate on Debt % Calculation

Toggle3D.ai's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Toggle3D.ai's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2024 )+Total Debt  (Q: Jan. 2025 ))/ count )
=-1  *  0/( (0.172+0.267)/ 2 )
=-1  *  0/0.2195
=0.00 %

where

Total Debt  (Q: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.172
=0.172

Total Debt  (Q: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.267
=0.267

* 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 (Jan. 2025) 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 0.00% mean?
Toggle3D.ai (TGGLF) has a Effective Interest Rate on Debt % of 0.00% as of Jan. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Toggle3D.ai and its competitors.
Is Toggle3D.ai's Effective Interest Rate on Debt % too high?
Toggle3D.ai's current Effective Interest Rate on Debt % is 0.00%.
How does Toggle3D.ai's Effective Interest Rate on Debt % compare to BBLR and OMQS?
Toggle3D.ai's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Software 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 Software company?
A good Effective Interest Rate on Debt % depends on the Software 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 Toggle3D.ai and its competitors. Toggle3D.ai's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toggle3D.ai stock overvalued right now?
Toggle3D.ai (TGGLF) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 Toggle3D.ai (TGGLF), the current Effective Interest Rate on Debt % is 0.00% as of Jan. 2025. 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.

Toggle3D.ai Business Description

Address Toronto RPO Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6
Toggle3D.ai is an AR-enhanced standalone web application that enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this breakthrough SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.