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STR Holdings (STR Holdings) Effective Interest Rate on Debt %

: 1.53% (As of Sep. 2019)
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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. STR Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was $0.06 Mil. STR Holdings's average total debt for the quarter that ended in Sep. 2019 was $3.66 Mil. Therefore, STR Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 1.53%.


STR Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for STR Holdings'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.

STR Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

STR Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only - - 0.18 1.95 1.53

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, STR Holdings'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.


STR Holdings Effective Interest Rate on Debt % Distribution

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

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



STR Holdings Effective Interest Rate on Debt % Calculation

STR Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

STR Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2019 )+Total Debt  (Q: Sep. 2019 ))/ count )
=-1  *  -0.056/( (2.274+5.038)/ 2 )
=-1  *  -0.056/3.656
=1.53 %

where

* 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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


STR Holdings  (OTCPK:STRI) Effective Interest Rate on Debt % Explanation

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


STR Holdings Effective Interest Rate on Debt % Related Terms

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STR Holdings (STR Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 Water Street, Enfield, CT, USA, 06082
STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.
Executives
John A. Janitz director 6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Andrew M Leitch director 6615 CALLE PONTE BELLA, RANCHO SANTA FE CA 92091
Andrew Africk director
Alan N Forman officer: Senior VP & Gen. Counsel 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Riley Investment Management Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Riley Investment Partners Lp 10 percent owner 11100 SANTA MONICA BLVD STE 810, LOS ANGELES CA 90025
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
B. Riley & Co., Llc 10 percent owner 11100 SANTA MONICA BLVD., STE. 800, LOS ANGELES CA 90025
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Suisse Ag/ Credit 10 percent owner PARADEPLATZ 8, ZURICH V8 CH 8001
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Red Mountain Partners, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Management Inc other: Please refer to Remarks below. 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Gp Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067

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