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Industrialex Manufacturing (Industrialex Manufacturing) Effective Interest Rate on Debt % : 10.01% (As of Sep. 2013)


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What is Industrialex Manufacturing 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. Industrialex Manufacturing's annualized positive value of Interest Expense for the quarter that ended in Sep. 2013 was $0.04 Mil. Industrialex Manufacturing's average total debt for the quarter that ended in Sep. 2013 was $0.36 Mil. Therefore, Industrialex Manufacturing's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 was 10.01%.


Industrialex Manufacturing Effective Interest Rate on Debt % Historical Data

The historical data trend for Industrialex Manufacturing'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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Industrialex Manufacturing Effective Interest Rate on Debt % Chart

Industrialex Manufacturing Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.40 17.65 10.00 8.33 7.38

Industrialex Manufacturing Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 Premium Member Only 7.63 9.89 6.26 7.58 10.01

Competitive Comparison of Industrialex Manufacturing's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, Industrialex Manufacturing'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.


Industrialex Manufacturing's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Industrialex Manufacturing's Effective Interest Rate on Debt % distribution charts can be found below:

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



Industrialex Manufacturing Effective Interest Rate on Debt % Calculation

Industrialex Manufacturing's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2011 )+Total Debt  (A: Dec. 2012 ))/ count )
=-1  *  -0.022/( (0.206+0.39)/ 2 )
=-1  *  -0.022/0.298
=7.38 %

where

Total Debt  (A: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.036 + 0.17
=0.206

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.012 + 0.378
=0.39

Industrialex Manufacturing's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2013 )+Total Debt  (Q: Sep. 2013 ))/ count )
=-1  *  -0.036/( (0.362+0.357)/ 2 )
=-1  *  -0.036/0.3595
=10.01 %

where

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.006 + 0.356
=0.362

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.005 + 0.352
=0.357

* 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 (Sep. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Industrialex Manufacturing  (GREY:IDXMF) Effective Interest Rate on Debt % Explanation

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


Industrialex Manufacturing Effective Interest Rate on Debt % Related Terms

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Industrialex Manufacturing (Industrialex Manufacturing) Business Description

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Address
Industrialex Manufacturing Corp., is a provider of protective coating services to companies in the manufacturing industry. Its services include the application of chemical adhesions, conformal coating, shielding, powder coating, liquid painting and screen printing to four categories of general products namely metal, plastic, glass and printed circuit board assemblies. In addition, the Company also develops factory automation equipment. It operates one plant located in Arvada, Colorado. The Company serves markets including high technology, medical, aerospace, defense, consumer electronics, data storage, semiconductor, transportation and general manufactured goods.

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