For The Earth (For The Earth) Effective Interest Rate on Debt % : 13.36% (As of Sep. 2004)

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What is For The Earth 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. For The Earth's annualized positive value of Interest Expense for the quarter that ended in Sep. 2004 was $0.03 Mil. For The Earth's average total debt for the quarter that ended in Sep. 2004 was $0.24 Mil. Therefore, For The Earth's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2004 was 13.36%.

For The Earth Effective Interest Rate on Debt % Historical Data

The historical data trend for For The Earth'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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For The Earth Effective Interest Rate on Debt % Chart

For The Earth Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Effective Interest Rate on Debt %

For The Earth Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														4.85	-	-	-	13.36

Competitive Comparison of For The Earth's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, For The Earth'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.

For The Earth's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, For The Earth's Effective Interest Rate on Debt % distribution charts can be found below:

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

For The Earth Effective Interest Rate on Debt % Calculation

For The Earth's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2003 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2002 )	+	Total Debt (A: Dec. 2003 ))	/ count )
=	-1 * 0	/	( (0.17	+	0.203)	/ 2 )
=	-1 * 0	/	0.1865
=	0.00 %

where

	Total Debt (A: Dec. 2002 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.01	+	0.16
=	0.17

	Total Debt (A: Dec. 2003 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.005	+	0.198
=	0.203

For The Earth's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2004 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2004 )	+	Total Debt (Q: Sep. 2004 ))	/ count )
=	-1 * -0.032	/	( (0.235	+	0.244)	/ 2 )
=	-1 * -0.032	/	0.2395
=	13.36 %

where

	Total Debt (Q: Jun. 2004 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.235
=	0.235

	Total Debt (Q: Sep. 2004 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.244
=	0.244

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. 2004) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

For The Earth (OTCPK:FTEG) Effective Interest Rate on Debt % Explanation

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

For The Earth Effective Interest Rate on Debt % Related Terms

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For The Earth (For The Earth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » For The Earth Corp (OTCPK:FTEG) » Definitions » Effective Interest Rate on Debt %

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Address

2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016

Website

http://www.ftechealth.com

For The Earth Corp is an emerging integrated CBD producer and retailer in the United States. The company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets.