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Numerex (Numerex) Effective Interest Rate on Debt % : 22.48% (As of Sep. 2017)


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What is Numerex 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. Numerex's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was $3.68 Mil. Numerex's average total debt for the quarter that ended in Sep. 2017 was $16.36 Mil. Therefore, Numerex's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 22.48%.


Numerex Effective Interest Rate on Debt % Historical Data

The historical data trend for Numerex'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.

Numerex Effective Interest Rate on Debt % Chart

Numerex Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 6.17 6.31 3.78 9.39

Numerex Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 10.85 11.61 14.55 18.02 22.48

Competitive Comparison of Numerex's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Numerex'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.


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

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

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



Numerex Effective Interest Rate on Debt % Calculation

Numerex'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  *  -1.698/( (18.909+17.248)/ 2 )
=-1  *  -1.698/18.0785
=9.39 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.309 + 3.6
=18.909

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.682 + 1.566
=17.248

Numerex's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2017 )+Total Debt  (Q: Sep. 2017 ))/ count )
=-1  *  -3.676/( (16.045+16.665)/ 2 )
=-1  *  -3.676/16.355
=22.48 %

where

Total Debt  (Q: Jun. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.937 + 5.108
=16.045

Total Debt  (Q: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.651 + 6.014
=16.665

* 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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Numerex  (NAS:NMRX) Effective Interest Rate on Debt % Explanation

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


Numerex Effective Interest Rate on Debt % Related Terms

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Numerex (Numerex) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Numerex Corp (NAS:NMRX) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
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Address
Numerex Corp provides managed enterprise solutions enabling the Internet of Things. The Company offers a portfolio of managed end-to-end IoT solutions including smart devices, network connectivity and service applications.
Executives
Eric Singer director 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
Kenneth L Gayron officer: INTERIM CEO AND CFO 75 NETWORK DRIVE, BURLINGTON MA 34212
Brian C Beazer director C/O NUMEREX, 1600 PARKWOOD CIRCLE #200, ATLANTA GA 30339-2119

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