Patient Access Solutions (Patient Access Solutions) Effective Interest Rate on Debt % : 0.00% (As of Jul. 2008)

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What is Patient Access Solutions 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. Patient Access Solutions's annualized positive value of Interest Expense for the quarter that ended in Jul. 2008 was $0.00 Mil. Patient Access Solutions's average total debt for the quarter that ended in Jul. 2008 was $1.50 Mil. Therefore, Patient Access Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2008 was 0.00%.

Patient Access Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Patient Access Solutions'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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Patient Access Solutions Effective Interest Rate on Debt % Chart

Patient Access Solutions Annual Data

Trend

Oct06

Oct07

Oct08

Effective Interest Rate on Debt %

Patient Access Solutions Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Patient Access Solutions's Effective Interest Rate on Debt %

For the Health Information Services subindustry, Patient Access Solutions'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.

Patient Access Solutions's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patient Access Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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

Patient Access Solutions Effective Interest Rate on Debt % Calculation

Patient Access Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2008 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2007 )	+	Total Debt (A: Oct. 2008 ))	/ count )
=	-1 * 0	/	( (0.006	+	1.036)	/ 2 )
=	-1 * 0	/	0.521
=	0.00 %

where

	Total Debt (A: Oct. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.006
=	0.006

	Total Debt (A: Oct. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.036
=	1.036

Patient Access Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2008 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Apr. 2008 )	+	Total Debt (Q: Jul. 2008 ))	/ count )
=	-1 * 0	/	( (1.559	+	1.435)	/ 2 )
=	-1 * 0	/	1.497
=	0.00 %

where

	Total Debt (Q: Apr. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.451	+	1.108
=	1.559

	Total Debt (Q: Jul. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.689	+	0.746
=	1.435

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 (Jul. 2008) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Patient Access Solutions (OTCPK:PASO) Effective Interest Rate on Debt % Explanation

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

Patient Access Solutions Effective Interest Rate on Debt % Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patient Access Solutions Inc (OTCPK:PASO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725

Website

http://www.pashealth.com

Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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