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Checkpoint Systems (Checkpoint Systems) Effective Interest Rate on Debt % : 5.32% (As of Mar. 2016)


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What is Checkpoint Systems 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. Checkpoint Systems's annualized positive value of Interest Expense for the quarter that ended in Mar. 2016 was $4.6 Mil. Checkpoint Systems's average total debt for the quarter that ended in Mar. 2016 was $86.5 Mil. Therefore, Checkpoint Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 was 5.32%.


Checkpoint Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for Checkpoint Systems'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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Checkpoint Systems Effective Interest Rate on Debt % Chart

Checkpoint Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 8.07 18.50 4.88 3.94

Checkpoint Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 4.58 6.06 5.68 4.87 5.32

Competitive Comparison of Checkpoint Systems's Effective Interest Rate on Debt %

For the Security & Protection Services subindustry, Checkpoint Systems'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.


Checkpoint Systems's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Checkpoint Systems's Effective Interest Rate on Debt % distribution charts can be found below:

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



Checkpoint Systems Effective Interest Rate on Debt % Calculation

Checkpoint Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  -3.957/( (98.491+102.376)/ 2 )
=-1  *  -3.957/100.4335
=3.94 %

where

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=98.255 + 0.236
=98.491

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=81.206 + 21.17
=102.376

Checkpoint Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2015 )+Total Debt  (Q: Mar. 2016 ))/ count )
=-1  *  -4.604/( (102.376+70.71)/ 2 )
=-1  *  -4.604/86.543
=5.32 %

where

Total Debt  (Q: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=81.206 + 21.17
=102.376

Total Debt  (Q: Mar. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=70.372 + 0.338
=70.71

* 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 (Mar. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Checkpoint Systems  (NYSE:CKP) Effective Interest Rate on Debt % Explanation

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


Checkpoint Systems Effective Interest Rate on Debt % Related Terms

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Checkpoint Systems (Checkpoint Systems) Business Description

Traded in Other Exchanges
N/A
Address
Checkpoint Systems Inc was founded in 1969. Company is a manufacturer and provider of technology-driven loss prevention, inventory management and labeling solutions to the retail and apparel industries. It also provides electronic article surveillance systems and tags using RF and electro-magnetic technology. It also engineer systems using RF and acousto-magnetic technology. It operates directly in 28 countries. Its products are developed and manufactured in-house and sold through direct distribution and reseller channels. Company reported its results of operations in three segments: Merchandise Availability Solutions (MAS), Apparel Labeling Solutions (ALS), and Retail Merchandising Solutions (RMS). ALS includes the results of radio frequency identification (RFID) labels business, coupled with data management platform and network of service bureaus that manage the printing of variable information on apparel labels and tags. MAS segment, which is focused on loss prevention and Merchandise Visibility (RFID), includes EAS systems, EAS consumables, Alpha high-theft solutions, RFID systems and software and CheckView in Asia. There were no changes to the RMS Segment. Its competitors include: Tyco International Ltd., Avery Dennison Corporation, SML Group, R-Pac International Corporation, NexGen, Fineline Technologies, SATO DCS & Labeling Worldwide, Garvey Products Inc., Hallo, Avery Dennison Corporation, and Prix International.
Executives
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115
Stephen N David director C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
George Jr Babich director, officer: CEO and President 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
Jack W Partridge director
Julie Spicer England director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Antle William S Iii director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Rowland Bryan T.r. officer: See Remarks 101 WOLF DRIVE, THOROFARE NJ 08086
Van Der Merwe Robert P director, officer: Chairman, President and CEO
George W Off director C/O TDS, 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602
Robert O Aders director