Pond Technologies Holdings (TSXV:POND) Effective Interest Rate on Debt % : 15.90% (As of Sep. 2024)

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What is Pond Technologies Holdings 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. Pond Technologies Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was C$0.94 Mil. Pond Technologies Holdings's average total debt for the quarter that ended in Sep. 2024 was C$5.94 Mil. Therefore, Pond Technologies Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 15.90%.

Pond Technologies Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Pond Technologies Holdings'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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Pond Technologies Holdings Effective Interest Rate on Debt % Chart

Pond Technologies Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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10.01

16.27

18.06

13.70

13.79

Pond Technologies Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.22	18.21	14.64	16.28	15.90

Competitive Comparison of Pond Technologies Holdings's Effective Interest Rate on Debt %

For the Farm Products subindustry, Pond Technologies Holdings'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.

Pond Technologies Holdings's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pond Technologies Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Pond Technologies Holdings Effective Interest Rate on Debt % Calculation

Pond Technologies Holdings'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 * -0.575	/	( (3.824	+	4.515)	/ 2 )
=	-1 * -0.575	/	4.1695
=	13.79 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.912	+	1.912
=	3.824

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.369	+	4.146
=	4.515

Pond Technologies Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.944	/	( (5.715	+	6.158)	/ 2 )
=	-1 * -0.944	/	5.9365
=	15.90 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.254	+	5.461
=	5.715

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.23	+	5.928
=	6.158

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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Pond Technologies Holdings (TSXV:POND) Effective Interest Rate on Debt % Explanation

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

Pond Technologies Holdings Effective Interest Rate on Debt % Related Terms

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Pond Technologies Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pond Technologies Holdings Inc (TSXV:POND) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

PNDHF:USA 4O0:Germany

Address

250 Shields Court, Unit 8, Markham, ON, CAN, L3R 9W2

Website

https://www.pondtech.com

Pond Technologies Holdings Inc offers an algae-growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. Its algae-growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds, and natural fertilizers. The company has three reportable segments, one of which is the Nutraceutical Products segment, which includes production and consumer sales, third-party product operations, and distribution. The Technology Services segment includes royalties, microalgal biomass production, consulting, engineering services, construction of biomass production facilities, and corporate services.

Executives

Robert Stewart Mcleese	Director
Peter Howard	Senior Officer
Emidio Di Pietro	Senior Officer
Steven Martin	Director, Senior Officer
Kevin Andrade	Senior Officer