Green Ballast (Green Ballast) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2014)

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What is Green Ballast 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. Green Ballast's annualized positive value of Interest Expense for the quarter that ended in Dec. 2014 was $0.00 Mil. Green Ballast's average total debt for the quarter that ended in Dec. 2014 was $4.19 Mil. Therefore, Green Ballast's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 was 0.00%.

Green Ballast Effective Interest Rate on Debt % Historical Data

The historical data trend for Green Ballast'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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Green Ballast Effective Interest Rate on Debt % Chart

Green Ballast Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Effective Interest Rate on Debt %

24.44

18.71

11.76

Green Ballast Quarterly Data
	Sep11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Dec13	Dec14
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				26.59	31.65	14.87	-	-

Competitive Comparison of Green Ballast's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Green Ballast'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.

Green Ballast's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Green Ballast Effective Interest Rate on Debt % Calculation

Green Ballast's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2013 )	+	Total Debt (A: Dec. 2014 ))	/ count )
=	-1 * -0.493	/	( (4.172	+	4.21)	/ 2 )
=	-1 * -0.493	/	4.191
=	11.76 %

where

	Total Debt (A: Dec. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.172
=	4.172

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.21
=	4.21

Green Ballast's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2013 )	+	Total Debt (Q: Dec. 2014 ))	/ count )
=	-1 * 0	/	( (4.172	+	4.21)	/ 2 )
=	-1 * 0	/	4.191
=	0.00 %

where

	Total Debt (Q: Dec. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.172
=	4.172

	Total Debt (Q: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.21
=	4.21

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

Green Ballast (GREY:GBLL) Effective Interest Rate on Debt % Explanation

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

Green Ballast Effective Interest Rate on Debt % Related Terms

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Green Ballast (Green Ballast) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Green Ballast Inc (GREY:GBLL) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118

Website

http://www.greenballastinc.com

Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

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