Valdor Technology International (XCNQ:VTI) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)

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What is Valdor Technology International 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. Valdor Technology International's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was C$0.00 Mil. Valdor Technology International's average total debt for the quarter that ended in Sep. 2023 was C$0.05 Mil. Therefore, Valdor Technology International's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.

Valdor Technology International Effective Interest Rate on Debt % Historical Data

The historical data trend for Valdor Technology International'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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Valdor Technology International Effective Interest Rate on Debt % Chart

Valdor Technology International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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10.67

Valdor Technology International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
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Competitive Comparison of Valdor Technology International's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Valdor Technology International'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.

Valdor Technology International's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Valdor Technology International's Effective Interest Rate on Debt % distribution charts can be found below:

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

Valdor Technology International Effective Interest Rate on Debt % Calculation

Valdor Technology International'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	/	( (0.045	+	0.045)	/ 2 )
=	-1 * 0	/	0.045
=	0.00 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.045
=	0.045

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.045
=	0.045

Valdor Technology International'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: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * 0	/	( (0.045	+	0.045)	/ 2 )
=	-1 * 0	/	0.045
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.045
=	0.045

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.045
=	0.045

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.

Valdor Technology International (XCNQ:VTI) Effective Interest Rate on Debt % Explanation

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

Valdor Technology International Effective Interest Rate on Debt % Related Terms

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Valdor Technology International (XCNQ:VTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Valdor Technology International Inc (XCNQ:VTI) » Definitions » Effective Interest Rate on Debt %

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Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.valdor.com

Valdor Technology International Inc is engaged in developing, manufacturing, and marketing of fiber optic products. The majority of its revenue comes from the United States of America while it also has a presence in Canadian markets. It serves Mining/Oil Exploration; Military/Aerospace; Medical/Industrial, and FTTx/ Data/Telecom/Security markets. The company's products include Niagara Streaming Media, NEW Core Products, Impact Mount Line and Legacy Products.