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Preferred Commerce (Preferred Commerce) Effective Interest Rate on Debt % : 6.82% (As of Nov. 2015)


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What is Preferred Commerce 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. Preferred Commerce's annualized positive value of Interest Expense for the quarter that ended in Nov. 2015 was $0.26 Mil. Preferred Commerce's average total debt for the quarter that ended in Nov. 2015 was $3.87 Mil. Therefore, Preferred Commerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2015 was 6.82%.


Preferred Commerce Effective Interest Rate on Debt % Historical Data

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

Preferred Commerce Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov14 Nov15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - - - 9.03 6.82

Preferred Commerce Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov14 Nov15
Effective Interest Rate on Debt % Get a 7-Day Free Trial - - - 9.03 6.82

Competitive Comparison of Preferred Commerce's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Preferred Commerce'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.


Preferred Commerce's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Preferred Commerce Effective Interest Rate on Debt % Calculation

Preferred Commerce's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2014 )+Total Debt  (A: Nov. 2015 ))/ count )
=-1  *  -0.264/( (3.346+4.394)/ 2 )
=-1  *  -0.264/3.87
=6.82 %

where

Preferred Commerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2014 )+Total Debt  (Q: Nov. 2015 ))/ count )
=-1  *  -0.264/( (3.346+4.394)/ 2 )
=-1  *  -0.264/3.87
=6.82 %

where

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


Preferred Commerce  (OTCPK:CELV) Effective Interest Rate on Debt % Explanation

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


Preferred Commerce Effective Interest Rate on Debt % Related Terms

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Preferred Commerce (Preferred Commerce) Business Description

Traded in Other Exchanges
N/A
Address
3260 Fairline Farms Road, Unit No. 1, Wellington, FL, USA, 33414
Preferred Commerce Inc is focused on health and wellness products with main product being Thriv5. Thriv5 products contain Superoxide Dismutase (SOD) combined with antioxidants, soluble corn fiber and other ingredients that help the human body regenerate healthy cells and strengthen the immune system. The company is promoting the product through retail stores, online sales, and social media.