Greenbelt Resources (Greenbelt Resources) Effective Interest Rate on Debt % : 18.90% (As of Mar. 2016)

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What is Greenbelt Resources 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. Greenbelt Resources's annualized positive value of Interest Expense for the quarter that ended in Mar. 2016 was $0.02 Mil. Greenbelt Resources's average total debt for the quarter that ended in Mar. 2016 was $0.13 Mil. Therefore, Greenbelt Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 was 18.90%.

Greenbelt Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Greenbelt Resources'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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Greenbelt Resources Effective Interest Rate on Debt % Chart

Greenbelt Resources Annual Data

Trend

Effective Interest Rate on Debt %

Greenbelt Resources Quarterly Data
	Sep13	Sep14	Mar15	Mar16
Effective Interest Rate on Debt %	-	-	21.62	18.90

Competitive Comparison of Greenbelt Resources's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Greenbelt Resources'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.

Greenbelt Resources's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Greenbelt Resources Effective Interest Rate on Debt % Calculation

Greenbelt Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Greenbelt Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2015 )	+	Total Debt (Q: Mar. 2016 ))	/ count )
=	-1 * -0.024	/	( (0	+	0.127)	/ 1 )
=	-1 * -0.024	/	0.127
=	18.90 %

where

	Total Debt (Q: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.127
=	0.127

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 (Mar. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Greenbelt Resources (OTCPK:GRCO) Effective Interest Rate on Debt % Explanation

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

Greenbelt Resources Effective Interest Rate on Debt % Related Terms

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Greenbelt Resources (Greenbelt Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenbelt Resources Corp (OTCPK:GRCO) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 86169-6014

Website

http://www.greenbeltresources.com

Greenbelt Resources Corp is a provider of a sustainable energy production system. The company designs, manufactures, operates and sells modular systems that recycle food wastes and beverage wastes into sellable products. Products produced include ultra-low carbon advanced biofuel, fertilizer, animal feed, electricity and filtered and distilled water. Its solutions include Organic Waste Recycling System and Energy Efficient Ethanol Dehydration.

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