Banneker (Banneker) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2000)

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What is Banneker 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. Banneker's annualized positive value of Interest Expense for the quarter that ended in Dec. 2000 was $0.00 Mil. Banneker's average total debt for the quarter that ended in Dec. 2000 was $1.21 Mil. Therefore, Banneker's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2000 was 0.00%.

Banneker Effective Interest Rate on Debt % Historical Data

The historical data trend for Banneker'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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Banneker Effective Interest Rate on Debt % Chart

Banneker Annual Data

Trend

Mar98

Effective Interest Rate on Debt %

Banneker Quarterly Data
	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00
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Competitive Comparison of Banneker's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Banneker'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.

Banneker's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Banneker's Effective Interest Rate on Debt % distribution charts can be found below:

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

Banneker Effective Interest Rate on Debt % Calculation

Banneker's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2098 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: Mar. 2098 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: Mar. 2098 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Banneker's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2000 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2000 )	+	Total Debt (Q: Dec. 2000 ))	/ count )
=	-1 * 0	/	( (1.212	+	1.207)	/ 2 )
=	-1 * 0	/	1.2095
=	0.00 %

where

	Total Debt (Q: Sep. 2000 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.069	+	1.143
=	1.212

	Total Debt (Q: Dec. 2000 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.064	+	1.143
=	1.207

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. 2000) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Banneker (OTCPK:BANI) Effective Interest Rate on Debt % Explanation

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

Banneker Effective Interest Rate on Debt % Related Terms

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Banneker (Banneker) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Banneker Inc (OTCPK:BANI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1660 South Albion Street, Suite 318, Denver, CO, USA, 80222

Website

https://www.bannekerstore.com

Banneker Inc is designing and manufacturing different types of clocks and watches. The company is engaged in watch making and wholesale jewelry company founded on the basis of fashion, elegance, and watch design can all converge together to create a work of art.

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