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Virtutone Networks (Virtutone Networks) Effective Interest Rate on Debt % : 22.90% (As of Oct. 2014)


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What is Virtutone Networks 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. Virtutone Networks's annualized positive value of Interest Expense for the quarter that ended in Oct. 2014 was $0.44 Mil. Virtutone Networks's average total debt for the quarter that ended in Oct. 2014 was $1.94 Mil. Therefore, Virtutone Networks's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2014 was 22.90%.


Virtutone Networks Effective Interest Rate on Debt % Historical Data

The historical data trend for Virtutone Networks'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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Virtutone Networks Effective Interest Rate on Debt % Chart

Virtutone Networks Annual Data
Trend Mar06 Mar07 Mar08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only - 8.87 11.30 5.36 14.25

Virtutone Networks Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14
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 12.10 15.66 20.42 47.35 22.90

Competitive Comparison of Virtutone Networks's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Virtutone Networks'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.


Virtutone Networks's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Virtutone Networks's Effective Interest Rate on Debt % distribution charts can be found below:

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



Virtutone Networks Effective Interest Rate on Debt % Calculation

Virtutone Networks's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2013 )+Total Debt  (A: Jan. 2014 ))/ count )
=-1  *  -0.153/( (0.169+1.979)/ 2 )
=-1  *  -0.153/1.074
=14.25 %

where

Total Debt  (A: Jan. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.095 + 0.074
=0.169

Total Debt  (A: Jan. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.105 + 1.874
=1.979

Virtutone Networks's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2014 )+Total Debt  (Q: Oct. 2014 ))/ count )
=-1  *  -0.444/( (1.958+1.919)/ 2 )
=-1  *  -0.444/1.9385
=22.90 %

where

Total Debt  (Q: Jul. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.056 + 1.902
=1.958

Total Debt  (Q: Oct. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.034 + 1.885
=1.919

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


Virtutone Networks  (OTCPK:VRTWF) Effective Interest Rate on Debt % Explanation

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


Virtutone Networks Effective Interest Rate on Debt % Related Terms

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Virtutone Networks (Virtutone Networks) Business Description

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Virtutone Networks, Inc. is incorporated under the laws of the Province of Alberta. The Company is a provider of Voice over Internet Protocol, Fax over Internet Protocol, and related phone services to business and residential customers.

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