WFTSF (Wavefront Technology Solutions) Effective Interest Rate on Debt %: 5.87% (As of May. 2022)


WFTSF Wavefront Technology Solutions Inc WFTSF
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What is Wavefront Technology Solutions Effective Interest Rate on Debt %?

Wavefront Technology Solutions WFTSF -99.00% 12 Effective Interest Rate on Debt % is 5.87% as of May. 2022. GuruFocus rates WFTSF 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. Wavefront Technology Solutions's annualized positive value of Interest Expense for the quarter that ended in May. 2022 was $0.02 Mil. Wavefront Technology Solutions's average total debt for the quarter that ended in May. 2022 was $0.34 Mil. Therefore, Wavefront Technology Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2022 was 5.87%.

Wavefront Technology Solutions  (OTCPK:WFTSF) Effective Interest Rate on Debt % Explanation

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

Wavefront Technology Solutions Effective Interest Rate on Debt % Related Terms

Wavefront Technology Solutions Effective Interest Rate on Debt % Historical Data

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The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Effective Interest Rate on Debt % Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 18.75 6.35

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 5.73 5.85 5.21 5.49 5.87

WFTSF vs VYEY, ENSV, GWTI: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.

Wavefront Technology Solutions Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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


WFTSF
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Wavefront Technology Solutions Inc WFTSF
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Wavefront Technology Solutions Effective Interest Rate on Debt % Calculation

Wavefront Technology Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2020 )+Total Debt  (A: Aug. 2021 ))/ count )
=-1  *  -0.014/( (0.048+0.393)/ 2 )
=-1  *  -0.014/0.2205
=6.35 %

where

Total Debt  (A: Aug. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.048
=0.048

Total Debt  (A: Aug. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.316 + 0.077
=0.393

Wavefront Technology Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2022 )+Total Debt  (Q: May. 2022 ))/ count )
=-1  *  -0.02/( (0.353+0.329)/ 2 )
=-1  *  -0.02/0.341
=5.87 %

where

Total Debt  (Q: Feb. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.274 + 0.079
=0.353

Total Debt  (Q: May. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.249 + 0.08
=0.329

* 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 (May. 2022) 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 5.87% mean?
Wavefront Technology Solutions (WFTSF) has a Effective Interest Rate on Debt % of 5.87% as of May. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Effective Interest Rate on Debt % too high?
Wavefront Technology Solutions' current Effective Interest Rate on Debt % is 5.87%. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Effective Interest Rate on Debt % compare to VYEY and ENSV?
Wavefront Technology Solutions' Effective Interest Rate on Debt % of 5.87% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas 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 Wavefront Technology Solutions and its competitors. Wavefront Technology Solutions's current Effective Interest Rate on Debt % is 5.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Effective Interest Rate on Debt % of 5.87%. The current Effective Interest Rate on Debt % is 5.87%. Wavefront Technology Solutions' 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 Wavefront Technology Solutions (WFTSF), the current Effective Interest Rate on Debt % is 5.87% as of May. 2022. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
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