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TIPS (Tianrong Internet Products And Services) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is Tianrong Internet Products And Services 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. Tianrong Internet Products And Services's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Tianrong Internet Products And Services's average total debt for the quarter that ended in Sep. 2023 was $0.72 Mil. Therefore, Tianrong Internet Products And Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


Tianrong Internet Products And Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Tianrong Internet Products And Services'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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Tianrong Internet Products And Services Effective Interest Rate on Debt % Chart

Tianrong Internet Products And Services Annual Data
Trend
Effective Interest Rate on Debt %

Tianrong Internet Products And Services Semi-Annual Data
Sep22 Sep23
Effective Interest Rate on Debt % - -

Competitive Comparison of Tianrong Internet Products And Services's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Tianrong Internet Products And Services'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.


Tianrong Internet Products And Services's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianrong Internet Products And Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tianrong Internet Products And Services's Effective Interest Rate on Debt % falls into.



Tianrong Internet Products And Services Effective Interest Rate on Debt % Calculation

Tianrong Internet Products And Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Tianrong Internet Products And Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (0+0.719)/ 1 )
=-1  *  0/0.719
=0.00 %

where

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


Tianrong Internet Products And Services  (OTCPK:TIPS) Effective Interest Rate on Debt % Explanation

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


Tianrong Internet Products And Services Effective Interest Rate on Debt % Related Terms

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Tianrong Internet Products And Services Business Description

Traded in Other Exchanges
N/A
Address
2374 Route 390, P.O. Box 609, Mountainhome, PA, USA, 18342
Website
Tianrong Internet Products And Services Inc is a United States-based holding company whose strategy is the acquisition and management of assets in the heavy equipment industry.

Tianrong Internet Products And Services Headlines