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Allegiant Professional Business Services (Allegiant Professional Business Services) Effective Interest Rate on Debt % : 29.94% (As of Dec. 2008)


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What is Allegiant Professional Business Services 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. Allegiant Professional Business Services's annualized positive value of Interest Expense for the quarter that ended in Dec. 2008 was $0.67 Mil. Allegiant Professional Business Services's average total debt for the quarter that ended in Dec. 2008 was $2.23 Mil. Therefore, Allegiant Professional Business Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2008 was 29.94%.


Allegiant Professional Business Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Allegiant Professional Business Services'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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Allegiant Professional Business Services Effective Interest Rate on Debt % Chart

Allegiant Professional Business Services Annual Data
Trend Sep05 Sep06 Sep07 Sep08
Effective Interest Rate on Debt %
- - - 13.24

Allegiant Professional Business Services Quarterly Data
Sep05 Dec05 Mar06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 - - - - 29.94

Competitive Comparison of Allegiant Professional Business Services's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Allegiant Professional Business Services'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.


Allegiant Professional Business Services's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allegiant Professional Business Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Allegiant Professional Business Services's Effective Interest Rate on Debt % falls into.



Allegiant Professional Business Services Effective Interest Rate on Debt % Calculation

Allegiant Professional Business Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2008 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2007 )+Total Debt  (A: Sep. 2008 ))/ count )
=-1  *  -0.393/( (0+2.969)/ 1 )
=-1  *  -0.393/2.969
=13.24 %

where

Allegiant Professional Business Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2008 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2008 )+Total Debt  (Q: Dec. 2008 ))/ count )
=-1  *  -0.668/( (2.969+1.494)/ 2 )
=-1  *  -0.668/2.2315
=29.94 %

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 (Dec. 2008) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Allegiant Professional Business Services  (OTCPK:APRO) Effective Interest Rate on Debt % Explanation

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


Allegiant Professional Business Services Effective Interest Rate on Debt % Related Terms

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Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Traded in Other Exchanges
N/A
Address
11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128
Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.
Executives
James M Cassidy 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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