Ecologix Resource Group (Ecologix Resource Group) Effective Interest Rate on Debt % : 11.03% (As of Sep. 2010)

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What is Ecologix Resource 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. Ecologix Resource Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2010 was $0.17 Mil. Ecologix Resource Group's average total debt for the quarter that ended in Sep. 2010 was $1.56 Mil. Therefore, Ecologix Resource Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2010 was 11.03%.

Ecologix Resource Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Ecologix Resource 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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Ecologix Resource Group Effective Interest Rate on Debt % Chart

Ecologix Resource Group Annual Data

Trend

Dec07

Dec08

Dec09

Effective Interest Rate on Debt %

93.29

Ecologix Resource Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							14.11	170.70	158.64	143.46	11.03

Competitive Comparison of Ecologix Resource Group's Effective Interest Rate on Debt %

For the Lumber & Wood Production subindustry, Ecologix Resource 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.

Ecologix Resource Group's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecologix Resource Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ecologix Resource Group Effective Interest Rate on Debt % Calculation

Ecologix Resource Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2009 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2008 )	+	Total Debt (A: Dec. 2009 ))	/ count )
=	-1 * -0.292	/	( (0	+	0.313)	/ 1 )
=	-1 * -0.292	/	0.313
=	93.29 %

where

	Total Debt (A: Dec. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2009 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.313
=	0.313

Ecologix Resource Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2010 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2010 )	+	Total Debt (Q: Sep. 2010 ))	/ count )
=	-1 * -0.172	/	( (1.527	+	1.592)	/ 2 )
=	-1 * -0.172	/	1.5595
=	11.03 %

where

	Total Debt (Q: Jun. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.527
=	1.527

	Total Debt (Q: Sep. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.592
=	1.592

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. 2010) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ecologix Resource Group (OTCPK:EXRG) Effective Interest Rate on Debt % Explanation

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

Ecologix Resource Group Effective Interest Rate on Debt % Related Terms

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Ecologix Resource Group (Ecologix Resource Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ecologix Resource Group Inc (OTCPK:EXRG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212

Website

Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

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