Panache Beverage (Panache Beverage) Effective Interest Rate on Debt % : 8.85% (As of Jun. 2014)

View and export this data going back to 2008. Start your Free Trial

What is Panache Beverage 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. Panache Beverage's annualized positive value of Interest Expense for the quarter that ended in Jun. 2014 was $0.98 Mil. Panache Beverage's average total debt for the quarter that ended in Jun. 2014 was $11.11 Mil. Therefore, Panache Beverage's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2014 was 8.85%.

Panache Beverage Effective Interest Rate on Debt % Historical Data

The historical data trend for Panache Beverage'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.

Panache Beverage Effective Interest Rate on Debt % Chart

Panache Beverage Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

14.29

40.56

27.81

10.20

10.29

Panache Beverage Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.04	9.60	7.54	9.00	8.85

Competitive Comparison of Panache Beverage's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, Panache Beverage'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.

Panache Beverage's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Panache Beverage's Effective Interest Rate on Debt % distribution charts can be found below:

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

Panache Beverage Effective Interest Rate on Debt % Calculation

Panache Beverage's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2012 )	+	Total Debt (A: Dec. 2013 ))	/ count )
=	-1 * -0.702	/	( (2.395	+	11.244)	/ 2 )
=	-1 * -0.702	/	6.8195
=	10.29 %

where

	Total Debt (A: Dec. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.1	+	0.295
=	2.395

	Total Debt (A: Dec. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.211	+	0.033
=	11.244

Panache Beverage's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2014 )	+	Total Debt (Q: Jun. 2014 ))	/ count )
=	-1 * -0.984	/	( (11.239	+	10.986)	/ 2 )
=	-1 * -0.984	/	11.1125
=	8.85 %

where

	Total Debt (Q: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.211	+	0.028
=	11.239

	Total Debt (Q: Jun. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.958	+	0.028
=	10.986

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

Panache Beverage (GREY:WDKA) Effective Interest Rate on Debt % Explanation

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

Panache Beverage Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Panache Beverage's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Panache Beverage (Panache Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Panache Beverage Inc (GREY:WDKA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, 150 Fifth Avenue, New York, NY, USA, 10010

Website

http://www.panachespirits.com

Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in manufacturing of vodka.

Panache Beverage (Panache Beverage) Headlines

No Headlines