Independent Film Development (Independent Film Development) Effective Interest Rate on Debt % : 150.40% (As of Jun. 2016)

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What is Independent Film Development 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. Independent Film Development's annualized positive value of Interest Expense for the quarter that ended in Jun. 2016 was $0.66 Mil. Independent Film Development's average total debt for the quarter that ended in Jun. 2016 was $0.44 Mil. Therefore, Independent Film Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 was 150.40%.

Independent Film Development Effective Interest Rate on Debt % Historical Data

The historical data trend for Independent Film Development'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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Independent Film Development Effective Interest Rate on Debt % Chart

Independent Film Development Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Effective Interest Rate on Debt %

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5.83

29.96

19.73

26.49

94.71

Independent Film Development Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															70.72	60.04	66.83	33.72	150.40

Competitive Comparison of Independent Film Development's Effective Interest Rate on Debt %

For the Entertainment subindustry, Independent Film Development'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.

Independent Film Development's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Independent Film Development's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Independent Film Development's Effective Interest Rate on Debt % falls into.

Independent Film Development Effective Interest Rate on Debt % Calculation

Independent Film Development's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2014 )	+	Total Debt (A: Sep. 2015 ))	/ count )
=	-1 * -0.179	/	( (0.191	+	0.187)	/ 2 )
=	-1 * -0.179	/	0.189
=	94.71 %

where

	Total Debt (A: Sep. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.191
=	0.191

	Total Debt (A: Sep. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.187
=	0.187

Independent Film Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2016 )	+	Total Debt (Q: Jun. 2016 ))	/ count )
=	-1 * -0.664	/	( (0.456	+	0.427)	/ 2 )
=	-1 * -0.664	/	0.4415
=	150.40 %

where

	Total Debt (Q: Mar. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.456
=	0.456

	Total Debt (Q: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.427
=	0.427

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

Independent Film Development (OTCPK:IFLM) Effective Interest Rate on Debt % Explanation

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

Independent Film Development Effective Interest Rate on Debt % Related Terms

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Independent Film Development (Independent Film Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Independent Film Development Corp (OTCPK:IFLM) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614

Website

http://www.independentfilmdevelopment.com

Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.

Executives

Rachel Boulds Cpa, Pllc

officer: CFO

6371 S. GLENOAKS STREET, MURRAY UT 84107

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