Commerce Energy Group (Commerce Energy Group) Effective Interest Rate on Debt % : 0.00% (As of Apr. 2009)

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What is Commerce Energy Group 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. Commerce Energy Group's annualized positive value of Interest Expense for the quarter that ended in Apr. 2009 was $0.0 Mil. Commerce Energy Group's average total debt for the quarter that ended in Apr. 2009 was $0.0 Mil. Therefore, Commerce Energy Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2009 was N/A%.

Commerce Energy Group Effective Interest Rate on Debt % Historical Data

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

Commerce Energy Group Annual Data

Trend

Jul00

Jul01

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Jul08

Effective Interest Rate on Debt %

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16.74

Commerce Energy Group Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															30.67	35.93	232.94	-	-

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

For the Utilities - Diversified subindustry, Commerce Energy Group'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.

Commerce Energy Group's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Commerce Energy Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Commerce Energy Group Effective Interest Rate on Debt % Calculation

Commerce Energy Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2008 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2007 )	+	Total Debt (A: Jul. 2008 ))	/ count )
=	-1 * -1.968	/	( (0	+	11.756)	/ 1 )
=	-1 * -1.968	/	11.756
=	16.74 %

where

	Total Debt (A: Jul. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Jul. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11.756
=	11.756

Commerce Energy Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2009 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2009 )	+	Total Debt (Q: Apr. 2009 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (Q: Jan. 2009 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Apr. 2009 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 (Apr. 2009) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Commerce Energy Group (OTCPK:CMNR) Effective Interest Rate on Debt % Explanation

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

Commerce Energy Group Effective Interest Rate on Debt % Related Terms

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Commerce Energy Group (Commerce Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Commerce Energy Group Inc (OTCPK:CMNR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 2000, Costa Mesa, CA, USA, 92626

Website

http://www.commerceenergy.com

Commerce Energy Group Inc provides electricity and natural gas supply to residential and commercial customers across North America.

Executives

C Douglas Mitchell	officer: Chief Financial Officer	600 WILSHIRE BOULEVARD, SUITE 1500, LOS ANGELES CA 90017
Spectrum Galaxy Fund Ltd.	10 percent owner	50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Capital Partners I, L.p.	10 percent owner	C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020

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