GEGP (Gold Enterprise Group) Effective Interest Rate on Debt %: 0.00% (As of Jan. 2018)

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What is Gold Enterprise Group Effective Interest Rate on Debt %?

Gold Enterprise Group GEGP -90.00% Effective Interest Rate on Debt % is 0.00% as of Jan. 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. Gold Enterprise Group's annualized positive value of Interest Expense for the quarter that ended in Jan. 2018 was $0.00 Mil. Gold Enterprise Group's average total debt for the quarter that ended in Jan. 2018 was $0.03 Mil. Therefore, Gold Enterprise Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2018 was 0.00%.

Gold Enterprise Group  (OTCPK:GEGP) Effective Interest Rate on Debt % Explanation

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

Gold Enterprise Group Effective Interest Rate on Debt % Related Terms

Gold Enterprise Group Effective Interest Rate on Debt % Historical Data

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The historical data trend for Gold Enterprise 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.

Gold Enterprise Group Effective Interest Rate on Debt % Chart

Gold Enterprise Group Annual Data
Trend Jan02 Jan03 Jan04 Jan16 Jan17 Jan18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 13.58 0.00 0.00

Gold Enterprise Group Quarterly Data
Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 0.00 0.00 0.00 0.00 0.00

GEGP vs NTN, RLJE, TVAGF: Effective Interest Rate on Debt % Comparison

For the Medical Distribution subindustry, Gold Enterprise 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.

Gold Enterprise Group Effective Interest Rate on Debt % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Gold Enterprise Group's Effective Interest Rate on Debt % distribution charts can be found below:

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


Gold Enterprise Group Effective Interest Rate on Debt % Calculation

Gold Enterprise Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2017 )+Total Debt  (A: Jan. 2018 ))/ count )
=-1  *  0/( (0.026+0.026)/ 2 )
=-1  *  0/0.026
=0.00 %

where

Total Debt  (A: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.026
=0.026

Total Debt  (A: Jan. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.026
=0.026

Gold Enterprise Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2017 )+Total Debt  (Q: Jan. 2018 ))/ count )
=-1  *  0/( (0+0.026)/ 1 )
=-1  *  0/0.026
=0.00 %

where

Total Debt  (Q: Oct. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Jan. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.026
=0.026

* 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 (Jan. 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 0.00% mean?
Gold Enterprise Group (GEGP) has a Effective Interest Rate on Debt % of 0.00% as of Jan. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Gold Enterprise Group and its competitors.
Is Gold Enterprise Group's Effective Interest Rate on Debt % too high?
Gold Enterprise Group's current Effective Interest Rate on Debt % is 0.00%.
How does Gold Enterprise Group's Effective Interest Rate on Debt % compare to NTN and RLJE?
Gold Enterprise Group's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Effective Interest Rate on Debt % depends on the Medical Distribution 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 Gold Enterprise Group and its competitors. Gold Enterprise Group's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Enterprise Group stock overvalued right now?
Gold Enterprise Group (GEGP) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 Gold Enterprise Group (GEGP), the current Effective Interest Rate on Debt % is 0.00% as of Jan. 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.

Gold Enterprise Group Business Description

Address 2412 Irwin Street, Melbourne, FL, USA, 32901
Gold Enterprise Group Inc, formerly Gold Entertainment Group Inc is engaged in the Distribution of orthopedic products. Its products include medical devices.