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ERF Wireless (ERF Wireless) Effective Interest Rate on Debt % : 26.21% (As of Sep. 2014)


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What is ERF Wireless 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. ERF Wireless's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was $2.22 Mil. ERF Wireless's average total debt for the quarter that ended in Sep. 2014 was $8.47 Mil. Therefore, ERF Wireless's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 26.21%.

ERF Wireless Effective Interest Rate on Debt % Historical Data

The historical data trend for ERF Wireless'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.

* Premium members only.

ERF Wireless Effective Interest Rate on Debt % Chart

ERF Wireless Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.79 17.94 11.98 22.96 46.24

ERF Wireless Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 78.37 12.47 19.61 20.31 26.21

Competitive Comparison of ERF Wireless's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, ERF Wireless'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.

ERF Wireless's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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


ERF Wireless Effective Interest Rate on Debt % Calculation

ERF Wireless's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -3.524/( (6.328+8.914)/ 2 )
=-1  *  -3.524/7.621
=46.24 %

where

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.801 + 1.527
=6.328

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.479 + 3.435
=8.914

ERF Wireless's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2014 )+Total Debt  (Q: Sep. 2014 ))/ count )
=-1  *  -2.22/( (9.069+7.869)/ 2 )
=-1  *  -2.22/8.469
=26.21 %

where

Total Debt  (Q: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.094 + 3.975
=9.069

Total Debt  (Q: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.824 + 3.045
=7.869

* 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. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

ERF Wireless  (OTCPK:ERFB) Effective Interest Rate on Debt % Explanation

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

ERF Wireless Effective Interest Rate on Debt % Related Terms

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ERF Wireless (ERF Wireless) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ERF Wireless Inc (OTCPK:ERFB) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
XCNQ:NUR TCCO VISL BOM:532376 SGX:AZG OSTO:EFFP ROCO:5240 ABIL JSE:ELI OSTO:HDW B OSTO:WAYS XTER:TLI AMPG LSE:STAR XKLS:0102 OHEL:NORDID TSXV:YTY TSXV:LTE BDR BOM:517258
Traded in Other Exchanges
N/A
Address
13500 Noel Road, Suite 436, Dallas, TX, USA, 75240
Website
http://www.erfwireless.com
ERF Wireless Inc provides critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration. It also provides high-quality broadband services and critical communications services to residential, oil and gas, educational, healthcare, and regional banks in rural areas utilizing. As a total comprehensive solutions provider, the group offers a wide array of critical communications services, including high-speed broadband, voice over Internet Protocol (VOIP) telephone and facsimile service, and video security. The business activities generally function in the areas of North America.