AMTY (Amerityre) Effective Interest Rate on Debt %: 0.00% (As of Jun. 2022)

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AMTY Amerityre Corp AMTY
12 GF Score
Price $0.04
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What is Amerityre Effective Interest Rate on Debt %?

Amerityre AMTY +0.01% 12 Effective Interest Rate on Debt % is 0.00% as of Jun. 2022. GuruFocus rates AMTY with a GF Score™ of 12/100.

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. Amerityre's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $0.00 Mil. Amerityre's average total debt for the quarter that ended in Jun. 2022 was $0.38 Mil. Therefore, Amerityre's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 0.00%.


Amerityre  (OTCPK:AMTY) Effective Interest Rate on Debt % Explanation

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


Amerityre Effective Interest Rate on Debt % Related Terms


Amerityre Effective Interest Rate on Debt % Historical Data

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The historical data trend for Amerityre'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.

Amerityre Effective Interest Rate on Debt % Chart

Amerityre Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 0.84 0.12 0.00 0.00

Amerityre Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.00 0.00 0.00 0.00 0.00

AMTY vs REII, UFAB, FLES: Effective Interest Rate on Debt % Comparison

For the Auto Parts subindustry, Amerityre'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.


Amerityre Effective Interest Rate on Debt % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Amerityre's Effective Interest Rate on Debt % distribution charts can be found below:

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


AMTY
12GF Score
Amerityre Corp AMTY
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Amerityre Effective Interest Rate on Debt % Calculation

Amerityre's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2021 )+Total Debt  (A: Jun. 2022 ))/ count )
=-1  *  0/( (0.512+0.363)/ 2 )
=-1  *  0/0.4375
=0.00 %

where

Total Debt  (A: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.362 + 0.15
=0.512

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.212 + 0.151
=0.363

Amerityre's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2022 )+Total Debt  (Q: Jun. 2022 ))/ count )
=-1  *  0/( (0.4+0.363)/ 2 )
=-1  *  0/0.3815
=0.00 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.249 + 0.151
=0.4

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.212 + 0.151
=0.363

* 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 (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
Amerityre (AMTY) has a Effective Interest Rate on Debt % of 0.00% as of Jun. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Amerityre and its competitors.
Is Amerityre's Effective Interest Rate on Debt % too high?
Amerityre's current Effective Interest Rate on Debt % is 0.00%. Overall, Amerityre has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Amerityre's Effective Interest Rate on Debt % compare to REII and UFAB?
Amerityre's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Vehicles & Parts company?
A good Effective Interest Rate on Debt % depends on the Vehicles & Parts industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Amerityre and its competitors. Amerityre's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amerityre stock overvalued right now?
Amerityre (AMTY) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Amerityre's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Amerityre (AMTY), the current Effective Interest Rate on Debt % is 0.00% as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amerityre Business Description

Address 1501 Industrial Road, Boulder City, NV, USA, 89005
Amerityre Corp is engaged in the research and development, manufacturing, and sale of polyurethane tires. It has developed polyurethane formulations that allow for making products with superior performance characteristics in the areas of abrasion resistance, energy efficiency, and load-bearing capabilities, in comparison to conventional rubber tires. The company engages in the manufacturing, marketing, distribution, and sales of flat-free specialty tires and tire-wheel assemblies, and currently manufactures these tires.
12GF Score

Get the complete analysis for AMTY

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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