Grow Solutions Holdings (Grow Solutions Holdings) Effective Interest Rate on Debt % : 76.61% (As of Dec. 2016)

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What is Grow Solutions Holdings 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. Grow Solutions Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2016 was $1.14 Mil. Grow Solutions Holdings's average total debt for the quarter that ended in Dec. 2016 was $1.49 Mil. Therefore, Grow Solutions Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 was 76.61%.

Grow Solutions Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Grow Solutions Holdings'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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Grow Solutions Holdings Effective Interest Rate on Debt % Chart

Grow Solutions Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Effective Interest Rate on Debt %

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105.50

127.72

Grow Solutions Holdings Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															669.92	513.02	173.72	82.97	76.61

Competitive Comparison of Grow Solutions Holdings's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Grow Solutions Holdings'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.

Grow Solutions Holdings's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Grow Solutions Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Grow Solutions Holdings's Effective Interest Rate on Debt % falls into.

Grow Solutions Holdings Effective Interest Rate on Debt % Calculation

Grow Solutions Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2015 )	+	Total Debt (A: Dec. 2016 ))	/ count )
=	-1 * -1.062	/	( (0.109	+	1.554)	/ 2 )
=	-1 * -1.062	/	0.8315
=	127.72 %

where

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.109
=	0.109

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.554
=	1.554

Grow Solutions Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2016 )	+	Total Debt (Q: Dec. 2016 ))	/ count )
=	-1 * -1.14	/	( (1.422	+	1.554)	/ 2 )
=	-1 * -1.14	/	1.488
=	76.61 %

where

	Total Debt (Q: Sep. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.422
=	1.422

	Total Debt (Q: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.554
=	1.554

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

Grow Solutions Holdings (OTCPK:GRSO) Effective Interest Rate on Debt % Explanation

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

Grow Solutions Holdings Effective Interest Rate on Debt % Related Terms

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Grow Solutions Holdings (Grow Solutions Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Grow Solutions Holdings Inc (OTCPK:GRSO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

430 Franklin Village Drive, Franklin, MA, USA, 02038

Website

https://www.aerogrowmanufacturing.com

Grow Solutions Holdings Inc is engaged in the design and manufacture of modular aeroponic vertical farming units that are fully equipped with proprietary monitoring and automation to make growing aeroponically simple and predictable with very little human intervention. The units are mainly used for agricultural products.