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Lighting Science Group (Lighting Science Group) Effective Interest Rate on Debt % : 22.28% (As of Mar. 2017)


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What is Lighting Science 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. Lighting Science Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was $7.38 Mil. Lighting Science Group's average total debt for the quarter that ended in Mar. 2017 was $33.10 Mil. Therefore, Lighting Science Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was 22.28%.


Lighting Science Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Lighting Science 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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Lighting Science Group Effective Interest Rate on Debt % Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.38 19.29 18.13 20.33 21.17

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 19.75 19.03 19.99 20.13 22.28

Competitive Comparison of Lighting Science Group's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Lighting Science 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.


Lighting Science Group's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Lighting Science Group Effective Interest Rate on Debt % Calculation

Lighting Science Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -7.137/( (32.783+34.644)/ 2 )
=-1  *  -7.137/33.7135
=21.17 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.584 + 6.199
=32.783

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.859 + 5.785
=34.644

Lighting Science Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2016 )+Total Debt  (Q: Mar. 2017 ))/ count )
=-1  *  -7.376/( (34.644+31.556)/ 2 )
=-1  *  -7.376/33.1
=22.28 %

where

Total Debt  (Q: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.859 + 5.785
=34.644

Total Debt  (Q: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.388 + 2.168
=31.556

* 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 (Mar. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Lighting Science Group  (OTCPK:LSCG) Effective Interest Rate on Debt % Explanation

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


Lighting Science Group Effective Interest Rate on Debt % Related Terms

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Lighting Science Group (Lighting Science Group) Business Description

Traded in Other Exchanges
N/A
Address
1350 Division Road, Suite 102, Melbourne, FL, USA, 32901
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.
Executives
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Craig M Cogut director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
James L Jones director ONE INVACARE WAY, ELYRIA OH 44035
Pegasus Partners Iv Lp director, 10 percent owner 99 RIVER ROAD, COS COB CT 06807
Dennis Mcgill director 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
Pegasus Investors Iv Gp, Llc director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Pegasus Investors Iv, L.p. director, 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Thomas J Smach director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
F Philip Handy director C/O WINTER PARK CAPITAL COMPANY, 222 S PENNSYLVANIA AVE STE 200, WINTER PARK FL 32789
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Steven Marton officer: Chief Executive Officer C/O LIGHTING SCIENCE GROUP CORPORATION, 1227 SOUTH PATRICK DRIVE, BUILDING 2A, SATELLITE BEACH FL 32937
Andrew S. Cooper director C/O PEGASUS CAPITAL ADVISORS, L.P. 99 RIVER ROAD COS COB CT 06807
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
David Arthur Bell director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281

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