AMPD Ventures (XCNQ:AMPD) Effective Interest Rate on Debt % : 12.87% (As of Feb. 2023)

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What is AMPD Ventures 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. AMPD Ventures's annualized positive value of Interest Expense for the quarter that ended in Feb. 2023 was C$0.33 Mil. AMPD Ventures's average total debt for the quarter that ended in Feb. 2023 was C$2.55 Mil. Therefore, AMPD Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2023 was 12.87%.

AMPD Ventures Effective Interest Rate on Debt % Historical Data

The historical data trend for AMPD Ventures'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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AMPD Ventures Effective Interest Rate on Debt % Chart

AMPD Ventures Annual Data

Trend

May18

May19

May20

May21

Effective Interest Rate on Debt %

12.44

17.36

12.77

9.94

AMPD Ventures Quarterly Data
	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Nov22	Feb23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														14.89	20.52	17.57	15.51	12.87

Competitive Comparison of AMPD Ventures's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, AMPD Ventures'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.

AMPD Ventures's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

AMPD Ventures Effective Interest Rate on Debt % Calculation

AMPD Ventures's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2020 )	+	Total Debt (A: May. 2021 ))	/ count )
=	-1 * -0.108	/	( (1.331	+	0.841)	/ 2 )
=	-1 * -0.108	/	1.086
=	9.94 %

where

	Total Debt (A: May. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.458	+	0.873
=	1.331

	Total Debt (A: May. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.14	+	0.701
=	0.841

AMPD Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2022 )	+	Total Debt (Q: Feb. 2023 ))	/ count )
=	-1 * -0.328	/	( (2.488	+	2.608)	/ 2 )
=	-1 * -0.328	/	2.548
=	12.87 %

where

	Total Debt (Q: Nov. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.269	+	1.219
=	2.488

	Total Debt (Q: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.378	+	1.23
=	2.608

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 (Feb. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

AMPD Ventures (XCNQ:AMPD) Effective Interest Rate on Debt % Explanation

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

AMPD Ventures Effective Interest Rate on Debt % Related Terms

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AMPD Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AMPD Ventures Inc (XCNQ:AMPD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

577 Great Northern Way, Suite 210, Vancouver, BC, CAN, V5T 1E1

Website

https://www.ampd.ventures

AMPD Ventures Inc is specialized in providing high-performance cloud and compute solutions for low-latency applications including video games and eSports, digital animation and visual effects, and big data collection, analysis, and visualization. Geographically, it derives a majority of revenue from Canada.

Executives

James Roger Hursthouse	Senior Officer
Sheldon Inwentash	10% Security Holder
Threed Capital Inc.	10% Security Holder
Paul Phillip Mari	Senior Officer
Anthony Brown	Director, Senior Officer
Donald Creighton Bustin	Director, Senior Officer

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