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Breeze-Eastern (Breeze-Eastern) Effective Interest Rate on Debt % : 0.29% (As of Sep. 2015)


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What is Breeze-Eastern 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. Breeze-Eastern's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was $0.03 Mil. Breeze-Eastern's average total debt for the quarter that ended in Sep. 2015 was $10.98 Mil. Therefore, Breeze-Eastern's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 0.29%.


Breeze-Eastern Effective Interest Rate on Debt % Historical Data

The historical data trend for Breeze-Eastern'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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Breeze-Eastern Effective Interest Rate on Debt % Chart

Breeze-Eastern Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.69 3.57 2.13 - -

Breeze-Eastern Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 - - - - 0.29

Competitive Comparison of Breeze-Eastern's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Breeze-Eastern'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.


Breeze-Eastern's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Breeze-Eastern's Effective Interest Rate on Debt % distribution charts can be found below:

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



Breeze-Eastern Effective Interest Rate on Debt % Calculation

Breeze-Eastern's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2014 )+Total Debt  (A: Mar. 2015 ))/ count )
=-1  *  -0.032/( (0+0)/ 1 )
=-1  *  -0.032/0
=N/A %

where

Breeze-Eastern's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2015 )+Total Debt  (Q: Sep. 2015 ))/ count )
=-1  *  -0.032/( (0+10.981)/ 1 )
=-1  *  -0.032/10.981
=0.29 %

where

Total Debt  (Q: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.981 + 0
=10.981

* 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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Breeze-Eastern  (AMEX:BZC) Effective Interest Rate on Debt % Explanation

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


Breeze-Eastern Effective Interest Rate on Debt % Related Terms

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Breeze-Eastern (Breeze-Eastern) Business Description

Traded in Other Exchanges
N/A
Address
Breeze-Eastern Corp a Delaware corporation was organized in 1962. The Company designs, develops, manufactures, sells and services sophisticated engineered mission equipment for specialty aerospace and defense applications. Its core business is aerospace and defense products. The Company develops helicopter hoist and winch systems, including systems for the current generation of Sikorsky H-60 Blackhawk and Naval Hawk, Bell-Boeing V-22 Osprey, Boeing CH-47 Chinook, Dolphin, Changhe Z-11, Agusta Westland A-W109, AW119 and AW139 helicopter. It also designs, markets, sells and services a line of hydraulic and electric aircraft cargo winch system. Its external cargo hook systems are original equipment on military medium and heavy lift helicopters. Its latest designs incorporate load sensing and display technology and automatic load release features. It also manufactures cargo and aircraft tie-downs which are included in this product line. It makes static-line retrieval and cargo winches for military cargo aircraft including the Boeing C-17, Alenia C-27J and CASA CN-235 and CASA C-295. Its weapons handling systems include weapons handling equipment for land-based rocket launchers and munitions hoists for loading missiles and other loads using electric power or exchangeable battery packs. It supplies this equipment for the United States, Japanese and European Multiple-Launch Rocket Systems (MLRS) and the United States High Mobility Artillery Rocket System (HIMARS). It performs overhaul, repair and maintenance services for all of its products. These services are performed at its Whippany, New Jersey facility. It also has licensed third-party vendors to perform these services.
Executives
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Frederick Gerald Wasserman director 4 NOBADEER DRIVE, PENNINGTON NJ 08534
Russell M Sarachek director 4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
William H Alderman director C/O AVIATION SALES CO, 6905 N.W. 25TH ST, MIAMI FL 33122
Channel Partnership Ii L P 10 percent owner 450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123
Jay R Harris director
Gail Lieberman director 175 EAST 79TH STREET, APT. 4D, NEW YORK NY 10075
Joseph S Bracewell director WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190
John H Dalton director 50 OLD WEBSTER ROAD, OXFORD MA 01540

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