Green Planet Group (Green Planet Group) Effective Interest Rate on Debt % : 8.64% (As of Sep. 2011)

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What is Green Planet Group 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 Planet Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2011 was $1.07 Mil. Green Planet Group's average total debt for the quarter that ended in Sep. 2011 was $12.36 Mil. Therefore, Green Planet Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2011 was 8.64%.

Green Planet Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Green Planet 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.

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Green Planet Group Effective Interest Rate on Debt % Chart

Green Planet Group Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Effective Interest Rate on Debt %

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7.61

10.49

32.97

Green Planet Group Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															55.40	-	70.06	22.50	8.64

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

For the Specialty Chemicals subindustry, Green Planet 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.

Green Planet Group's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Planet Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Green Planet Group Effective Interest Rate on Debt % Calculation

Green Planet Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2010 )	+	Total Debt (A: Mar. 2011 ))	/ count )
=	-1 * -5.769	/	( (19.031	+	15.966)	/ 2 )
=	-1 * -5.769	/	17.4985
=	32.97 %

where

	Total Debt (A: Mar. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.963	+	16.068
=	19.031

	Total Debt (A: Mar. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.073	+	13.893
=	15.966

Green Planet Group'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 * -1.068	/	( (15.857	+	8.855)	/ 2 )
=	-1 * -1.068	/	12.356
=	8.64 %

where

	Total Debt (Q: Jun. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.018	+	13.839
=	15.857

	Total Debt (Q: Sep. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.781	+	8.074
=	8.855

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.

Green Planet Group (OTCPK:GNPG) Effective Interest Rate on Debt % Explanation

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

Green Planet Group Effective Interest Rate on Debt % Related Terms

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Green Planet Group (Green Planet Group) Business Description

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Address

3259 E. Harbour Drive, Suite 101, Phoenix, AZ, USA, 85034

Website

https://www.greenplanetgroup.com

Green Planet Group Inc, through its subsidiaries, is engaged in the following businesses: production of lubricants and additives for gasoline and diesel-fueled engines; developing a hydrogen generator that reduces hydrocarbon emissions while improving fuel efficiency; developing a new "fast track" growing system capable of growing vast amounts of fresh organic food at the point of consumption reducing transportation costs while reducing water use by 90+% and increasing productivity by 300%; and developing green technologies for use in the mining of rare and precious metals and elements.