Creative Waste Solutions (Creative Waste Solutions) Effective Interest Rate on Debt % : 12.50% (As of Jun. 2020)

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What is Creative Waste Solutions 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. Creative Waste Solutions's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $0.10 Mil. Creative Waste Solutions's average total debt for the quarter that ended in Jun. 2020 was $0.77 Mil. Therefore, Creative Waste Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 12.50%.

Creative Waste Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Creative Waste Solutions'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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Creative Waste Solutions Effective Interest Rate on Debt % Chart

Creative Waste Solutions Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Effective Interest Rate on Debt %

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61.08

5.73

8.19

8.46

7.11

Creative Waste Solutions Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.13	13.65	31.37	46.19	12.50

Competitive Comparison of Creative Waste Solutions's Effective Interest Rate on Debt %

For the Waste Management subindustry, Creative Waste Solutions'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.

Creative Waste Solutions's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Creative Waste Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Creative Waste Solutions's Effective Interest Rate on Debt % falls into.

Creative Waste Solutions Effective Interest Rate on Debt % Calculation

Creative Waste Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2018 )	+	Total Debt (A: Sep. 2019 ))	/ count )
=	-1 * -0.048	/	( (0.638	+	0.713)	/ 2 )
=	-1 * -0.048	/	0.6755
=	7.11 %

where

	Total Debt (A: Sep. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.638
=	0.638

	Total Debt (A: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.713
=	0.713

Creative Waste Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2020 )	+	Total Debt (Q: Jun. 2020 ))	/ count )
=	-1 * -0.096	/	( (0.758	+	0.778)	/ 2 )
=	-1 * -0.096	/	0.768
=	12.50 %

where

	Total Debt (Q: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.758
=	0.758

	Total Debt (Q: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.778
=	0.778

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 (Jun. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Creative Waste Solutions (OTCPK:CWSS) Effective Interest Rate on Debt % Explanation

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

Creative Waste Solutions Effective Interest Rate on Debt % Related Terms

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Creative Waste Solutions (Creative Waste Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Creative Waste Solutions Inc (OTCPK:CWSS) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

1440 NW 1st Court, Boca Raton, FL, USA, 33432

Website

http://www.usacws.com

Creative Waste Solutions Inc operates in the waste management industry. The company through its subsidiaries provides waste management environmental services including solid waste and recycling collection, transportation, processing, and disposal services. The company primarily serves residential, commercial, industrial, and municipal customers in the geographical region of the South East. The company generates revenue from waste removal services.

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