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Foodfest International 2000 (Foodfest International 2000) Effective Interest Rate on Debt % : 15.42% (As of Sep. 2011)


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What is Foodfest International 2000 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. Foodfest International 2000's annualized positive value of Interest Expense for the quarter that ended in Sep. 2011 was $0.22 Mil. Foodfest International 2000's average total debt for the quarter that ended in Sep. 2011 was $1.43 Mil. Therefore, Foodfest International 2000's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2011 was 15.42%.


Foodfest International 2000 Effective Interest Rate on Debt % Historical Data

The historical data trend for Foodfest International 2000'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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Foodfest International 2000 Effective Interest Rate on Debt % Chart

Foodfest International 2000 Annual Data
Trend Oct06 Oct07 Oct08 Oct09
Effective Interest Rate on Debt %
- 7.14 26.67 25.21

Foodfest International 2000 Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Dec10 Mar11 Jun11 Sep11
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 21.05 50.90 13.24 24.42 15.42

Competitive Comparison of Foodfest International 2000's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Foodfest International 2000'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.


Foodfest International 2000's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Foodfest International 2000's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Foodfest International 2000's Effective Interest Rate on Debt % falls into.



Foodfest International 2000 Effective Interest Rate on Debt % Calculation

Foodfest International 2000's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2008 )+Total Debt  (A: Oct. 2009 ))/ count )
=-1  *  -0.015/( (0.053+0.066)/ 2 )
=-1  *  -0.015/0.0595
=25.21 %

where

Foodfest International 2000's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2011 )+Total Debt  (Q: Sep. 2011 ))/ count )
=-1  *  -0.22/( (1.564+1.289)/ 2 )
=-1  *  -0.22/1.4265
=15.42 %

where

Total Debt  (Q: Jun. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.027 + 1.537
=1.564

Total Debt  (Q: Sep. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.1 + 1.189
=1.289

* 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. 2011) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Foodfest International 2000  (OTCPK:FDFT) Effective Interest Rate on Debt % Explanation

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


Foodfest International 2000 Effective Interest Rate on Debt % Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

Traded in Other Exchanges
N/A
Address
1016 9th Street, Coronado, CA, USA, 92118
Foodfest International 2000 Inc currently has no operations.

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