ESNR (Electronic Sensor Technology) Effective Interest Rate on Debt %: 11.60% (As of Sep. 2009)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Electronic Sensor Technology Effective Interest Rate on Debt %?

Electronic Sensor Technology ESNR -99.00% Effective Interest Rate on Debt % is 11.60% as of Sep. 2009.

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. Electronic Sensor Technology's annualized positive value of Interest Expense for the quarter that ended in Sep. 2009 was $0.29 Mil. Electronic Sensor Technology's average total debt for the quarter that ended in Sep. 2009 was $2.48 Mil. Therefore, Electronic Sensor Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2009 was 11.60%.


Electronic Sensor Technology  (OTCPK:ESNR) Effective Interest Rate on Debt % Explanation

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


Electronic Sensor Technology Effective Interest Rate on Debt % Related Terms


Electronic Sensor Technology Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Electronic Sensor Technology'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.

Electronic Sensor Technology Effective Interest Rate on Debt % Chart

Electronic Sensor Technology Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
Effective Interest Rate on Debt %
0.00 0.00 0.00 0.00 0.00

Electronic Sensor Technology Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.00 0.00 9.86 11.11 11.60

ESNR vs TRWRF, UCLE, SCND: Effective Interest Rate on Debt % Comparison

For the Scientific & Technical Instruments subindustry, Electronic Sensor Technology'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.


Electronic Sensor Technology Effective Interest Rate on Debt % vs Hardware Industry

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

* The bar in red indicates where Electronic Sensor Technology's Effective Interest Rate on Debt % falls into.



Electronic Sensor Technology Effective Interest Rate on Debt % Calculation

Electronic Sensor Technology's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2008 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2007 )+Total Debt  (A: Dec. 2008 ))/ count )
=-1  *  0/( (4.915+1.988)/ 2 )
=-1  *  0/3.4515
=0.00 %

where

Total Debt  (A: Dec. 2007 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.564 + 2.351
=4.915

Total Debt  (A: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.968 + 0.02
=1.988

Electronic Sensor Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2009 )+Total Debt  (Q: Sep. 2009 ))/ count )
=-1  *  -0.288/( (2.983+1.982)/ 2 )
=-1  *  -0.288/2.4825
=11.60 %

where

Total Debt  (Q: Jun. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.962 + 1.021
=2.983

Total Debt  (Q: Sep. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.96 + 0.022
=1.982

* 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. 2009) 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 11.60% mean?
Electronic Sensor Technology (ESNR) has a Effective Interest Rate on Debt % of 11.60% as of Sep. 2009. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Electronic Sensor Technology and its competitors.
Is Electronic Sensor Technology's Effective Interest Rate on Debt % too high?
Electronic Sensor Technology's current Effective Interest Rate on Debt % is 11.60%.
How does Electronic Sensor Technology's Effective Interest Rate on Debt % compare to TRWRF and UCLE?
Electronic Sensor Technology's Effective Interest Rate on Debt % of 11.60% can be compared against companies in the Hardware 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 Hardware company?
A good Effective Interest Rate on Debt % depends on the Hardware 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 Electronic Sensor Technology and its competitors. Electronic Sensor Technology's current Effective Interest Rate on Debt % is 11.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Sensor Technology stock overvalued right now?
Electronic Sensor Technology (ESNR) has a current Effective Interest Rate on Debt % of 11.60%. The current Effective Interest Rate on Debt % is 11.60%. 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 Electronic Sensor Technology (ESNR), the current Effective Interest Rate on Debt % is 11.60% as of Sep. 2009. 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.

Electronic Sensor Technology Business Description

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320
Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.