HQ Global Education (HQ Global Education) Effective Interest Rate on Debt %

: 2.29% (As of Nov. 2011)

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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. HQ Global Education's annualized positive value of Interest Expense for the quarter that ended in Nov. 2011 was $0.03 Mil. HQ Global Education's average total debt for the quarter that ended in Nov. 2011 was $1.40 Mil. Therefore, HQ Global Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2011 was 2.29%.

HQ Global Education Effective Interest Rate on Debt % Historical Data

The historical data trend for HQ Global Education'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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HQ Global Education Annual Data

Trend

Feb08

Feb09

Aug10

Effective Interest Rate on Debt %

5.33

HQ Global Education Quarterly Data
	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11
Effective Interest Rate on Debt %												7.16	6.27	5.27	6.35	2.29

Competitive Comparison

For the Entertainment subindustry, HQ Global Education'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.

HQ Global Education Effective Interest Rate on Debt % Distribution

For the Media - Diversified industry and Communication Services sector, HQ Global Education's Effective Interest Rate on Debt % distribution charts can be found below:

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

HQ Global Education Effective Interest Rate on Debt % Calculation

HQ Global Education's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2010 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2009 )	+	Total Debt (A: Aug. 2010 ))	/ count )
=	-1 * -0.108	/	( (0	+	2.027)	/ 1 )
=	-1 * -0.108	/	2.027
=	5.33 %

where

	Total Debt (A: Feb. 2009 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Aug. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.477	+	1.55
=	2.027

HQ Global Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2011 )	+	Total Debt (Q: Nov. 2011 ))	/ count )
=	-1 * -0.032	/	( (1.396	+	1.395)	/ 2 )
=	-1 * -0.032	/	1.3955
=	2.29 %

where

	Total Debt (Q: Aug. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.251	+	1.145
=	1.396

	Total Debt (Q: Nov. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.682	+	0.713
=	1.395

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 (Nov. 2011) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

HQ Global Education (OTCPK:HQGE) Effective Interest Rate on Debt % Explanation

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

HQ Global Education Effective Interest Rate on Debt % Related Terms

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HQ Global Education (HQ Global Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » HQ Global Education Inc (OTCPK:HQGE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 City Boulevard West, Suite 1700, Orange, CA, USA, 92868

Website

https://www.hqgeinc.com

HQ Global Education Inc is the provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.

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