KEGS (1812 Brewing Company) Effective Interest Rate on Debt %: 34.75% (As of Jun. 2009)

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What is 1812 Brewing Company Effective Interest Rate on Debt %?

1812 Brewing Company KEGS Effective Interest Rate on Debt % is 34.75% as of Jun. 2009.

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. 1812 Brewing Company's annualized positive value of Interest Expense for the quarter that ended in Jun. 2009 was $5.29 Mil. 1812 Brewing Company's average total debt for the quarter that ended in Jun. 2009 was $15.23 Mil. Therefore, 1812 Brewing Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2009 was 34.75%.

1812 Brewing Company  (OTCPK:KEGS) Effective Interest Rate on Debt % Explanation

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

1812 Brewing Company Effective Interest Rate on Debt % Related Terms

1812 Brewing Company Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for 1812 Brewing Company'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.

1812 Brewing Company Effective Interest Rate on Debt % Chart

1812 Brewing Company Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 20.86 23.56

1812 Brewing Company Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 0.00 0.00 0.00 23.17 34.75

KEGS vs VCAN, CIIT, LWLW: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, 1812 Brewing Company'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.

1812 Brewing Company Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, 1812 Brewing Company's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 1812 Brewing Company's Effective Interest Rate on Debt % falls into.


1812 Brewing Company Effective Interest Rate on Debt % Calculation

1812 Brewing Company's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2008 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2007 )+Total Debt  (A: Dec. 2008 ))/ count )
=-1  *  -3.262/( (10.926+16.766)/ 2 )
=-1  *  -3.262/13.846
=23.56 %

where

Total Debt  (A: Dec. 2007 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.979 + 4.947
=10.926

Total Debt  (A: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.62 + 8.146
=16.766

1812 Brewing Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2009 )+Total Debt  (Q: Jun. 2009 ))/ count )
=-1  *  -5.292/( (15.514+14.943)/ 2 )
=-1  *  -5.292/15.2285
=34.75 %

where

Total Debt  (Q: Mar. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.541 + 7.973
=15.514

Total Debt  (Q: Jun. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.045 + 6.898
=14.943

* 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 (Jun. 2009) 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 34.75% mean?
1812 Brewing Company (KEGS) has a Effective Interest Rate on Debt % of 34.75% as of Jun. 2009. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on 1812 Brewing Company and its competitors.
Is 1812 Brewing Company's Effective Interest Rate on Debt % too high?
1812 Brewing Company's current Effective Interest Rate on Debt % is 34.75%.
How does 1812 Brewing Company's Effective Interest Rate on Debt % compare to VCAN and CIIT?
1812 Brewing Company's Effective Interest Rate on Debt % of 34.75% can be compared against companies in the Asset Management 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 an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management 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 1812 Brewing Company and its competitors. 1812 Brewing Company's current Effective Interest Rate on Debt % is 34.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1812 Brewing Company stock overvalued right now?
1812 Brewing Company (KEGS) has a current Effective Interest Rate on Debt % of 34.75%. The current Effective Interest Rate on Debt % is 34.75%. 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 1812 Brewing Company (KEGS), the current Effective Interest Rate on Debt % is 34.75% as of Jun. 2009. 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.

1812 Brewing Company Business Description

Address 981 Waterman Drive, P.O. Box 6192, Watertown, NY, USA, 13601
1812 Brewing Company Inc is an investment and operating company focused on restaurant operations and beverage production, including beer and other non-alcoholic beverages. The Company is constructing a beverages production plant, in which it intends to produce alcoholic beverages, such as beer, hard seltzer, hard cider, and kombucha, as well as non-alcoholic beverages such as teas and sodas. Its beer products include War of 1812 Amber Ale, Helles Bells, and Route 11 Lager.