CGAC (Code Green Apparel) Effective Interest Rate on Debt %: 265.91% (As of Sep. 2017)


What is Code Green Apparel Effective Interest Rate on Debt %?

Code Green Apparel CGAC Effective Interest Rate on Debt % is 265.91% as of Sep. 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. Code Green Apparel's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was $1.88 Mil. Code Green Apparel's average total debt for the quarter that ended in Sep. 2017 was $0.71 Mil. Therefore, Code Green Apparel's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 265.91%.

Code Green Apparel  (OTCPK:CGAC) Effective Interest Rate on Debt % Explanation

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

Code Green Apparel Effective Interest Rate on Debt % Related Terms

Code Green Apparel Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Code Green Apparel'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.

Code Green Apparel Effective Interest Rate on Debt % Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 111.66 16.28

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 17.24 17.27 23.50 730.67 265.91

Code Green Apparel Effective Interest Rate on Debt % Competitor Comparison

For the Capital Markets subindustry, Code Green Apparel'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.

Code Green Apparel Effective Interest Rate on Debt % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Code Green Apparel's Effective Interest Rate on Debt % distribution charts can be found below:

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


Code Green Apparel Effective Interest Rate on Debt % Calculation

Code Green Apparel's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -0.104/( (0.439+0.839)/ 2 )
=-1  *  -0.104/0.639
=16.28 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.439
=0.439

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.2 + 0.639
=0.839

Code Green Apparel's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2017 )+Total Debt  (Q: Sep. 2017 ))/ count )
=-1  *  -1.876/( (0.625+0.786)/ 2 )
=-1  *  -1.876/0.7055
=265.91 %

where

Total Debt  (Q: Jun. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.2 + 0.425
=0.625

Total Debt  (Q: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.2 + 0.586
=0.786

* 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. 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 265.91% mean?
Code Green Apparel (CGAC) has a Effective Interest Rate on Debt % of 265.91% as of Sep. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Code Green Apparel and its competitors.
Is Code Green Apparel's Effective Interest Rate on Debt % too high?
Code Green Apparel's current Effective Interest Rate on Debt % is 265.91%.
How does Code Green Apparel's Effective Interest Rate on Debt % compare to competitors?
Code Green Apparel's Effective Interest Rate on Debt % of 265.91% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Effective Interest Rate on Debt % depends on the Capital Markets 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 Code Green Apparel and its competitors. Code Green Apparel's current Effective Interest Rate on Debt % is 265.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Code Green Apparel stock overvalued right now?
Code Green Apparel (CGAC) has a current Effective Interest Rate on Debt % of 265.91%. The current Effective Interest Rate on Debt % is 265.91%. 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 Code Green Apparel (CGAC), the current Effective Interest Rate on Debt % is 265.91% as of Sep. 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.

Code Green Apparel Business Description

Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738
Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.