Bemax (BMXC) Effective Interest Rate on Debt %: 318.05% (As of May. 2017)

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What is Bemax Effective Interest Rate on Debt %?

Bemax BMXC -12.50% Effective Interest Rate on Debt % is 318.05% as of May. 2017.

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. Bemax's annualized positive value of Interest Expense for the quarter that ended in May. 2017 was $0.42 Mil. Bemax's average total debt for the quarter that ended in May. 2017 was $0.13 Mil. Therefore, Bemax's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2017 was 318.05%.

Bemax  (OTCPK:BMXC) Effective Interest Rate on Debt % Explanation

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

Bemax Effective Interest Rate on Debt % Related Terms

Bemax Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Bemax'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.

Bemax Effective Interest Rate on Debt % Chart

Bemax Annual Data
Trend May14 May15 May16 May17
Effective Interest Rate on Debt %
0.00 0.00 32.43 318.05

Bemax Semi-Annual Data
May14 May15 May16 May17
Effective Interest Rate on Debt % 0.00 0.00 32.43 318.05

BMXC vs TANH, SNBH, SKVI: Effective Interest Rate on Debt % Comparison

For the Household & Personal Products subindustry, Bemax'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.

Bemax Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bemax's Effective Interest Rate on Debt % distribution charts can be found below:

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


Bemax Effective Interest Rate on Debt % Calculation

Bemax's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2016 )+Total Debt  (A: May. 2017 ))/ count )
=-1  *  -0.423/( (0.074+0.192)/ 2 )
=-1  *  -0.423/0.133
=318.05 %

where

Total Debt  (A: May. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.074
=0.074

Total Debt  (A: May. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.192
=0.192

Bemax's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2016 )+Total Debt  (Q: May. 2017 ))/ count )
=-1  *  -0.423/( (0.074+0.192)/ 2 )
=-1  *  -0.423/0.133
=318.05 %

where

Total Debt  (Q: May. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.074
=0.074

Total Debt  (Q: May. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.192
=0.192

* 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 one times the annual (May. 2017) 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 318.05% mean?
Bemax (BMXC) has a Effective Interest Rate on Debt % of 318.05% as of May. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bemax and its competitors.
Is Bemax's Effective Interest Rate on Debt % too high?
Bemax's current Effective Interest Rate on Debt % is 318.05%.
How does Bemax's Effective Interest Rate on Debt % compare to TANH and SNBH?
Bemax's Effective Interest Rate on Debt % of 318.05% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Effective Interest Rate on Debt % depends on the Consumer Packaged Goods 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 Bemax and its competitors. Bemax's current Effective Interest Rate on Debt % is 318.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bemax stock overvalued right now?
Bemax (BMXC) has a current Effective Interest Rate on Debt % of 318.05%. The current Effective Interest Rate on Debt % is 318.05%. 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 Bemax (BMXC), the current Effective Interest Rate on Debt % is 318.05% as of May. 2017. 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.

Bemax Business Description

Address 625 Silver Oak Drive, Dallas, GA, USA, 30132
Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.