ASPW (Arista Power) Effective Interest Rate on Debt %: 49.23% (As of Sep. 2014)


What is Arista Power Effective Interest Rate on Debt %?

Arista Power ASPW -99.00% Effective Interest Rate on Debt % is 49.23% as of Sep. 2014.

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. Arista Power's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was $0.45 Mil. Arista Power's average total debt for the quarter that ended in Sep. 2014 was $0.91 Mil. Therefore, Arista Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 49.23%.

Arista Power  (OTCPK:ASPW) Effective Interest Rate on Debt % Explanation

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

Arista Power Effective Interest Rate on Debt % Related Terms

Arista Power Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Arista Power'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.

Arista Power Effective Interest Rate on Debt % Chart

Arista Power Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 1.00 1.52 144.75 136.24

Arista Power Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 74.98 63.91 59.38 53.52 49.23

ASPW vs COTE: Effective Interest Rate on Debt % Comparison

For the Specialty Industrial Machinery subindustry, Arista Power'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.

Arista Power Effective Interest Rate on Debt % vs Industrial Products Industry

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

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


Arista Power Effective Interest Rate on Debt % Calculation

Arista Power's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -0.626/( (0.206+0.713)/ 2 )
=-1  *  -0.626/0.4595
=136.24 %

where

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.028 + 0.178
=0.206

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.016 + 0.697
=0.713

Arista Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2014 )+Total Debt  (Q: Sep. 2014 ))/ count )
=-1  *  -0.448/( (0.878+0.942)/ 2 )
=-1  *  -0.448/0.91
=49.23 %

where

Total Debt  (Q: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.012 + 0.866
=0.878

Total Debt  (Q: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.942
=0.942

* 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. 2014) 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 49.23% mean?
Arista Power (ASPW) has a Effective Interest Rate on Debt % of 49.23% as of Sep. 2014. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Arista Power and its competitors.
Is Arista Power's Effective Interest Rate on Debt % too high?
Arista Power's current Effective Interest Rate on Debt % is 49.23%.
How does Arista Power's Effective Interest Rate on Debt % compare to COTE?
Arista Power's Effective Interest Rate on Debt % of 49.23% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Effective Interest Rate on Debt % depends on the Industrial Products 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 Arista Power and its competitors. Arista Power's current Effective Interest Rate on Debt % is 49.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arista Power stock overvalued right now?
Arista Power (ASPW) has a current Effective Interest Rate on Debt % of 49.23%. The current Effective Interest Rate on Debt % is 49.23%. 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 Arista Power (ASPW), the current Effective Interest Rate on Debt % is 49.23% as of Sep. 2014. 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.

Arista Power Business Description

Address 1999 Mount Read Boulevard, Rochester, NY, USA, 14615
Arista Power Inc provides renewable power solutions. It is a developer, supplier and integrator of custom-designed power management systems, and a supplier, designer, and installer of solar energy systems. Arista provides flexible, scalable solutions in power management systems, renewable energy storage systems, WindTamer wind turbines, and a supplier and designer of solar energy systems. The company also manufactures a Mobile Renewable Power Station that generates wind and solar energy to an integrated onboard storage unit for military and other applications.