BTHC XV (BTHC XV) Effective Interest Rate on Debt % : 8.84% (As of Dec. 2011)

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What is BTHC XV 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. BTHC XV's annualized positive value of Interest Expense for the quarter that ended in Dec. 2011 was $0.94 Mil. BTHC XV's average total debt for the quarter that ended in Dec. 2011 was $10.63 Mil. Therefore, BTHC XV's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2011 was 8.84%.

BTHC XV Effective Interest Rate on Debt % Historical Data

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

BTHC XV Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Effective Interest Rate on Debt %

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7.29

8.84

BTHC XV Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	7.29	8.84

Competitive Comparison of BTHC XV's Effective Interest Rate on Debt %

For the Conglomerates subindustry, BTHC XV'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.

BTHC XV's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BTHC XV's Effective Interest Rate on Debt % distribution charts can be found below:

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

BTHC XV Effective Interest Rate on Debt % Calculation

BTHC XV's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2010 )	+	Total Debt (A: Dec. 2011 ))	/ count )
=	-1 * -0.94	/	( (10.316	+	10.951)	/ 2 )
=	-1 * -0.94	/	10.6335
=	8.84 %

where

	Total Debt (A: Dec. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.316
=	10.316

	Total Debt (A: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.951
=	10.951

BTHC XV's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2010 )	+	Total Debt (Q: Dec. 2011 ))	/ count )
=	-1 * -0.94	/	( (10.316	+	10.951)	/ 2 )
=	-1 * -0.94	/	10.6335
=	8.84 %

where

	Total Debt (Q: Dec. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.316
=	10.316

	Total Debt (Q: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.951
=	10.951

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 (Dec. 2011) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

BTHC XV (OTCPK:BTXV) Effective Interest Rate on Debt % Explanation

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

BTHC XV Effective Interest Rate on Debt % Related Terms

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BTHC XV (BTHC XV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BTHC XV Inc (OTCPK:BTXV) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Website

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

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