WODI (Water on Demand) Effective Interest Rate on Debt %: 0.00% (As of Sep. 2023)

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What is Water on Demand Effective Interest Rate on Debt %?

Water on Demand WODI Effective Interest Rate on Debt % is 0.00% as of Sep. 2023.

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. Water on Demand's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Water on Demand's average total debt for the quarter that ended in Sep. 2023 was $8.06 Mil. Therefore, Water on Demand's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.

Water on Demand  (NAS:WODI) Effective Interest Rate on Debt % Explanation

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

Water on Demand Effective Interest Rate on Debt % Related Terms

Water on Demand Effective Interest Rate on Debt % Historical Data

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The historical data trend for Water on Demand'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.

Water on Demand Effective Interest Rate on Debt % Chart

Water on Demand Annual Data
Trend Dec21 Dec22
Effective Interest Rate on Debt %
9.33 24.00

Water on Demand Quarterly Data
Dec21 Dec22 Sep23
Effective Interest Rate on Debt % 0.00 45.71 0.00

WODI vs : Effective Interest Rate on Debt % Comparison

For the Waste Management subindustry, Water on Demand'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.

Water on Demand Effective Interest Rate on Debt % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Water on Demand's Effective Interest Rate on Debt % distribution charts can be found below:

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


Water on Demand Effective Interest Rate on Debt % Calculation

Water on Demand's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.042/( (0.15+0.2)/ 2 )
=-1  *  -0.042/0.175
=24.00 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.15
=0.15

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.2
=0.2

Water on Demand'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: Dec. 2022 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (0.2+15.912)/ 2 )
=-1  *  0/8.056
=0.00 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.2
=0.2

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 15.912
=15.912

* 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 (Sep. 2023) 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?
Water on Demand (WODI) has a Effective Interest Rate on Debt % of 0.00% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Water on Demand and its competitors.
Is Water on Demand's Effective Interest Rate on Debt % too high?
Water on Demand's current Effective Interest Rate on Debt % is 0.00%.
How does Water on Demand's Effective Interest Rate on Debt % compare to ?
Water on Demand's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Waste Management 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 Waste Management company?
A good Effective Interest Rate on Debt % depends on the Waste Management 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 Water on Demand and its competitors. Water on Demand'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 Water on Demand stock overvalued right now?
Water on Demand (WODI) 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 Water on Demand (WODI), the current Effective Interest Rate on Debt % is 0.00% as of Sep. 2023. 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.

Water on Demand Business Description

Comparable Companies
Address 13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Water on Demand Inc is engaged in water treatment as a service that is treating and reusing sewage water.