Beamz Interactive (Beamz Interactive) Effective Interest Rate on Debt % : 15.77% (As of Dec. 2014)

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What is Beamz Interactive 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. Beamz Interactive's annualized positive value of Interest Expense for the quarter that ended in Dec. 2014 was $0.73 Mil. Beamz Interactive's average total debt for the quarter that ended in Dec. 2014 was $4.64 Mil. Therefore, Beamz Interactive's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 was 15.77%.

Beamz Interactive Effective Interest Rate on Debt % Historical Data

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

Beamz Interactive Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Effective Interest Rate on Debt %

167.44

57.56

21.89

Beamz Interactive Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										41.42	20.37	22.65	20.49	15.77

Competitive Comparison of Beamz Interactive's Effective Interest Rate on Debt %

For the Consumer Electronics subindustry, Beamz Interactive'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.

Beamz Interactive's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beamz Interactive's Effective Interest Rate on Debt % distribution charts can be found below:

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

Beamz Interactive Effective Interest Rate on Debt % Calculation

Beamz Interactive's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2013 )	+	Total Debt (A: Jun. 2014 ))	/ count )
=	-1 * -0.708	/	( (1.993	+	4.475)	/ 2 )
=	-1 * -0.708	/	3.234
=	21.89 %

where

	Total Debt (A: Jun. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.958	+	0.035
=	1.993

	Total Debt (A: Jun. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.485	+	2.99
=	4.475

Beamz Interactive's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2014 )	+	Total Debt (Q: Dec. 2014 ))	/ count )
=	-1 * -0.732	/	( (4.585	+	4.696)	/ 2 )
=	-1 * -0.732	/	4.6405
=	15.77 %

where

	Total Debt (Q: Sep. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.513	+	3.072
=	4.585

	Total Debt (Q: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.696
=	4.696

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. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Beamz Interactive (OTCPK:BZIC) Effective Interest Rate on Debt % Explanation

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

Beamz Interactive Effective Interest Rate on Debt % Related Terms

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Beamz Interactive (Beamz Interactive) Business Description

Industry

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Address

15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260

Website

http://www.thebeamz.com

Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.