EXPL (Endurance Exploration Group) Effective Interest Rate on Debt %: 4.66% (As of Sep. 2018)


What is Endurance Exploration Group Effective Interest Rate on Debt %?

Endurance Exploration Group EXPL +1,328.57% Effective Interest Rate on Debt % is 4.66% as of Sep. 2018.

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. Endurance Exploration Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2018 was $0.03 Mil. Endurance Exploration Group's average total debt for the quarter that ended in Sep. 2018 was $0.60 Mil. Therefore, Endurance Exploration Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 was 4.66%.

Endurance Exploration Group  (OTCPK:EXPL) Effective Interest Rate on Debt % Explanation

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

Endurance Exploration Group Effective Interest Rate on Debt % Related Terms

Endurance Exploration Group Effective Interest Rate on Debt % Historical Data

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The historical data trend for Endurance Exploration 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.

Endurance Exploration Group Effective Interest Rate on Debt % Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.33 1.85 1.92 0.00

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 4.01 4.75 4.66

EXPL vs NESCQ, SENR, HDII: Effective Interest Rate on Debt % Comparison

For the Waste Management subindustry, Endurance Exploration 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.

Endurance Exploration Group Effective Interest Rate on Debt % vs Waste Management Industry

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

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


Endurance Exploration Group Effective Interest Rate on Debt % Calculation

Endurance Exploration Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  0/( (0+0.344)/ 1 )
=-1  *  0/0.344
=0.00 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.344
=0.344

Endurance Exploration Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2018 )+Total Debt  (Q: Sep. 2018 ))/ count )
=-1  *  -0.028/( (0.557+0.645)/ 2 )
=-1  *  -0.028/0.601
=4.66 %

where

Total Debt  (Q: Jun. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.557
=0.557

Total Debt  (Q: Sep. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.645
=0.645

* 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. 2018) 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 4.66% mean?
Endurance Exploration Group (EXPL) has a Effective Interest Rate on Debt % of 4.66% as of Sep. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Effective Interest Rate on Debt % too high?
Endurance Exploration Group's current Effective Interest Rate on Debt % is 4.66%.
How does Endurance Exploration Group's Effective Interest Rate on Debt % compare to NESCQ and SENR?
Endurance Exploration Group's Effective Interest Rate on Debt % of 4.66% can be compared against companies in the Waste Management 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 Waste Management company?
A good Effective Interest Rate on Debt % depends on the Waste Management 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 Endurance Exploration Group and its competitors. Endurance Exploration Group's current Effective Interest Rate on Debt % is 4.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Effective Interest Rate on Debt % of 4.66%. The current Effective Interest Rate on Debt % is 4.66%. 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 Endurance Exploration Group (EXPL), the current Effective Interest Rate on Debt % is 4.66% as of Sep. 2018. 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.