GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Corporate Resource Services Inc (FRA:HTS1) » Definitions » Effective Interest Rate on Debt %

Corporate Resource Services (FRA:HTS1) Effective Interest Rate on Debt % : 15.17% (As of Sep. 2014)


View and export this data going back to . Start your Free Trial

What is Corporate Resource Services 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. Corporate Resource Services's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was €13.4 Mil. Corporate Resource Services's average total debt for the quarter that ended in Sep. 2014 was €88.6 Mil. Therefore, Corporate Resource Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 15.17%.


Corporate Resource Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Corporate Resource Services'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.

Corporate Resource Services Effective Interest Rate on Debt % Chart

Corporate Resource Services Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep08 Sep09 Sep10 Sep11 Sep12 Dec13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.93 44.48 56.63 91.71 12.44

Corporate Resource Services Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 136.09 10.94 6.63 8.18 15.17

Competitive Comparison of Corporate Resource Services's Effective Interest Rate on Debt %

For the Staffing & Employment Services subindustry, Corporate Resource Services'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.


Corporate Resource Services's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Corporate Resource Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Corporate Resource Services's Effective Interest Rate on Debt % falls into.



Corporate Resource Services Effective Interest Rate on Debt % Calculation

Corporate Resource Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -4.481/( (3.384+68.646)/ 2 )
=-1  *  -4.481/36.015
=12.44 %

where

Total Debt  (A: Sep. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.751 + 1.633
=3.384

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.73 + 56.916
=68.646

Corporate Resource Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2014 )+Total Debt  (Q: Sep. 2014 ))/ count )
=-1  *  -13.448/( (85.475+91.776)/ 2 )
=-1  *  -13.448/88.6255
=15.17 %

where

Total Debt  (Q: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.197 + 72.278
=85.475

Total Debt  (Q: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.44 + 78.336
=91.776

* 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. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Corporate Resource Services  (FRA:HTS1) Effective Interest Rate on Debt % Explanation

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


Corporate Resource Services Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Corporate Resource Services's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Corporate Resource Services (FRA:HTS1) Business Description

Traded in Other Exchanges
N/A
Address
160 Broadway, 13th Floor, New York, NY, USA, 10038
Corporate Resource Services Inc provides diversified technology staffing, recruiting and consulting services. It offers trained employees for Insurance, IT, Accounting, Science, Healthcare, Creative Services, Hospitality, Retail and Light Industrial Work.

Corporate Resource Services (FRA:HTS1) Headlines

No Headlines