GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alternative Energy Partners Inc (OTCPK:AEGY) » Definitions » Effective Interest Rate on Debt %

AEGY (Alternative Energy Partners) Effective Interest Rate on Debt % : 115.70% (As of Apr. 2014)


View and export this data going back to 2009. Start your Free Trial

What is Alternative Energy Partners 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. Alternative Energy Partners's annualized positive value of Interest Expense for the quarter that ended in Apr. 2014 was $0.28 Mil. Alternative Energy Partners's average total debt for the quarter that ended in Apr. 2014 was $0.24 Mil. Therefore, Alternative Energy Partners's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2014 was 115.70%.


Alternative Energy Partners Effective Interest Rate on Debt % Historical Data

The historical data trend for Alternative Energy Partners'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.

Alternative Energy Partners Effective Interest Rate on Debt % Chart

Alternative Energy Partners Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13
Effective Interest Rate on Debt %
- - 234.95 203.88 83.78

Alternative Energy Partners Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 105.76 65.92 84.95 71.53 115.70

Competitive Comparison of Alternative Energy Partners's Effective Interest Rate on Debt %

For the Pharmaceutical Retailers subindustry, Alternative Energy Partners'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.


Alternative Energy Partners's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alternative Energy Partners's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Alternative Energy Partners's Effective Interest Rate on Debt % falls into.



Alternative Energy Partners Effective Interest Rate on Debt % Calculation

Alternative Energy Partners's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2012 )+Total Debt  (A: Jul. 2013 ))/ count )
=-1  *  -0.266/( (0.219+0.416)/ 2 )
=-1  *  -0.266/0.3175
=83.78 %

where

Total Debt  (A: Jul. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.312 + 0.104
=0.416

Alternative Energy Partners's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2014 )+Total Debt  (Q: Apr. 2014 ))/ count )
=-1  *  -0.28/( (0.22+0.264)/ 2 )
=-1  *  -0.28/0.242
=115.70 %

where

Total Debt  (Q: Jan. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.121 + 0.099
=0.22

Total Debt  (Q: Apr. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.065 + 0.199
=0.264

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


Alternative Energy Partners  (OTCPK:AEGY) Effective Interest Rate on Debt % Explanation

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


Alternative Energy Partners Effective Interest Rate on Debt % Related Terms

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


Alternative Energy Partners Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
301 Yamato Road, Boca Raton, FL, USA, 33431
Website
Alternative Energy Partners Inc is a development stage company. It is currently involved in providing support services for medical marijuana collectives based initially in California.

Alternative Energy Partners Headlines