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Ecosphere Technologies (Ecosphere Technologies) Effective Interest Rate on Debt % : 21.39% (As of Sep. 2017)


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What is Ecosphere Technologies 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. Ecosphere Technologies's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was $1.94 Mil. Ecosphere Technologies's average total debt for the quarter that ended in Sep. 2017 was $9.07 Mil. Therefore, Ecosphere Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 21.39%.


Ecosphere Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Ecosphere Technologies'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.

* Premium members only.

Ecosphere Technologies Effective Interest Rate on Debt % Chart

Ecosphere Technologies Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.80 30.89 120.60 79.59 15.59

Ecosphere Technologies Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 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 16.04 17.08 16.58 16.14 21.39

Competitive Comparison of Ecosphere Technologies's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Ecosphere Technologies'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.


Ecosphere Technologies's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecosphere Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

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



Ecosphere Technologies Effective Interest Rate on Debt % Calculation

Ecosphere Technologies'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  *  -1.128/( (6.037+8.43)/ 2 )
=-1  *  -1.128/7.2335
=15.59 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.125 + 5.912
=6.037

Ecosphere Technologies'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  *  -1.94/( (8.897+9.239)/ 2 )
=-1  *  -1.94/9.068
=21.39 %

where

Total Debt  (Q: Jun. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.805 + 8.092
=8.897

Total Debt  (Q: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.897 + 8.342
=9.239

* 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.


Ecosphere Technologies  (OTCPK:ESPHQ) Effective Interest Rate on Debt % Explanation

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


Ecosphere Technologies Effective Interest Rate on Debt % Related Terms

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Ecosphere Technologies (Ecosphere Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3515 South East Lionel Terrace, Stuart, FL, USA, 34997
Ecosphere Technologies Inc is a property licensing company. It develops environmental solutions for global water, energy, industrial and agricultural markets. It increases production, reduces costs, and protect the environment through a portfolio of unique, patented technologies. Its patented technologies include technologies like Ozonix, the Ecos PowerCube and the Ecos GrowCube. Ecosphere's technologies and products are available through multiple brands and subsidiaries. Ecosphere is a single segmented company.
Executives
John P Brewster director, officer: CEO/President/Chairman 6106 TEZCUCO COURT, GONZALES LA 70737
Adrian Graham Goldfarb officer: Chief Financial Officer 7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Joe M Allbaugh director PO BOX 684784, AUSTIN TX 78768-4784
William Arthur Owens director C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203

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