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Seychelle Environmental Technologies (Seychelle Environmental Technologies) Effective Interest Rate on Debt % : 0.00% (As of Feb. 2020)


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What is Seychelle Environmental Technologies 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. Seychelle Environmental Technologies's annualized positive value of Interest Expense for the quarter that ended in Feb. 2020 was $0.00 Mil. Seychelle Environmental Technologies's average total debt for the quarter that ended in Feb. 2020 was $0.39 Mil. Therefore, Seychelle Environmental Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2020 was 0.00%.


Seychelle Environmental Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Seychelle Environmental Technologies'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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Seychelle Environmental Technologies Effective Interest Rate on Debt % Chart

Seychelle Environmental Technologies Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.26 8.51 24.24 17.39 0.55

Seychelle Environmental Technologies Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 - - - - -

Competitive Comparison of Seychelle Environmental Technologies's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Seychelle Environmental Technologies'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.


Seychelle Environmental Technologies's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seychelle Environmental Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Seychelle Environmental Technologies's Effective Interest Rate on Debt % falls into.



Seychelle Environmental Technologies Effective Interest Rate on Debt % Calculation

Seychelle Environmental Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2019 )+Total Debt  (A: Feb. 2020 ))/ count )
=-1  *  -0.001/( (0.009+0.357)/ 2 )
=-1  *  -0.001/0.183
=0.55 %

where

Total Debt  (A: Feb. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.003 + 0.006
=0.009

Total Debt  (A: Feb. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.108 + 0.249
=0.357

Seychelle Environmental Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2019 )+Total Debt  (Q: Feb. 2020 ))/ count )
=-1  *  0/( (0.417+0.357)/ 2 )
=-1  *  0/0.387
=0.00 %

where

Total Debt  (Q: Nov. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.172 + 0.245
=0.417

Total Debt  (Q: Feb. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.108 + 0.249
=0.357

* 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 (Feb. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Seychelle Environmental Technologies  (OTCPK:SYEV) Effective Interest Rate on Debt % Explanation

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


Seychelle Environmental Technologies Effective Interest Rate on Debt % Related Terms

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Seychelle Environmental Technologies (Seychelle Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
22 Journey, Aliso Viejo, CA, USA, 92656
Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.
Executives
John D Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Cari Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Irrevocable Trust The Tam 10 percent owner 4012 S RAINBOW SUITE K111 LAS VEGAS NV 89103
James K Place director, officer: COO, CFO, Treasurer 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675
Richard C Parsons director, officer: Executive Vice President/Secre 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675

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