Orthogonal Global Group (XCNQ:OGG) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Orthogonal Global Group 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. Orthogonal Global Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.00 Mil. Orthogonal Global Group's average total debt for the quarter that ended in Dec. 2023 was C$0.00 Mil. Therefore, Orthogonal Global Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.

Orthogonal Global Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Orthogonal Global Group'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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Orthogonal Global Group Effective Interest Rate on Debt % Chart

Orthogonal Global Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

1.89

Orthogonal Global Group Quarterly Data
	Jun19	Jun20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								-	7.41	-	-	-

Competitive Comparison of Orthogonal Global Group's Effective Interest Rate on Debt %

For the Asset Management subindustry, Orthogonal Global Group'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.

Orthogonal Global Group's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Orthogonal Global Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Orthogonal Global Group's Effective Interest Rate on Debt % falls into.

Orthogonal Global Group Effective Interest Rate on Debt % Calculation

Orthogonal Global Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.001	/	( (0.053	+	0)	/ 1 )
=	-1 * -0.001	/	0.053
=	1.89 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.053
=	0.053

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Orthogonal Global Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

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

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

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

Orthogonal Global Group (XCNQ:OGG) Effective Interest Rate on Debt % Explanation

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

Orthogonal Global Group Effective Interest Rate on Debt % Related Terms

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Orthogonal Global Group (XCNQ:OGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Orthogonal Global Group Inc (XCNQ:OGG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

OGGIF:USA 8M9:Germany

Address

22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2

Website

https://www.w3ven.com

Orthogonal Global Group Inc is a diversified investment company focused on identifying, incubating, accelerating, and developing world-class projects and applications for the decentralized web. Focused on supporting founders and entrepreneurs, Orthogonal Global core investment pillars are blockchain-based transparency, secured identity, verified communications, and gamification, focusing on early-stage, small and medium enterprises in the burgeoning Web three sector.

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