API Group (LSE:APIA) Effective Interest Rate on Debt % : 10.19% (As of Sep. 2014)

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What is API 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. API Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was £1.04 Mil. API Group's average total debt for the quarter that ended in Sep. 2014 was £10.17 Mil. Therefore, API Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 10.19%.

API Group Effective Interest Rate on Debt % Historical Data

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

API Group Annual Data

Trend

Sep04

Sep05

Sep06

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Effective Interest Rate on Debt %

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16.54

14.60

13.91

10.86

13.15

API Group Semi-Annual Data
	Sep04	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.62	10.75	14.35	14.54	10.19

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

For the Packaging & Containers subindustry, API 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.

API Group's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, API Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

API Group Effective Interest Rate on Debt % Calculation

API Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2013 )	+	Total Debt (A: Mar. 2014 ))	/ count )
=	-1 * -1.132	/	( (8.765	+	8.452)	/ 2 )
=	-1 * -1.132	/	8.6085
=	13.15 %

where

	Total Debt (A: Mar. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.574	+	3.191
=	8.765

	Total Debt (A: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.033	+	0.419
=	8.452

API Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2014 )	+	Total Debt (Q: Sep. 2014 ))	/ count )
=	-1 * -1.036	/	( (8.452	+	11.884)	/ 2 )
=	-1 * -1.036	/	10.168
=	10.19 %

where

	Total Debt (Q: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.033	+	0.419
=	8.452

	Total Debt (Q: Sep. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.132	+	1.752
=	11.884

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 two times the semi-annual (Sep. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

API Group (LSE:APIA) Effective Interest Rate on Debt % Explanation

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

API Group Effective Interest Rate on Debt % Related Terms

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API Group (LSE:APIA) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » API Group PLC (LSE:APIA) » Definitions » Effective Interest Rate on Debt %

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Address

Website

http://www.apigroup.com

API Group PLC is a manufacturer and distributor of foils, laminates and holographic materials. The firm offers metalized film laminates, holographic laminates, aluminum foil laminates, metallic hot stamping foils, cold foils, and custom holograms. The company segmented its operating activities into following reportable segments: Laminates, Foils Europe, Foils Americas, and Holographic. Its primary geographic markets are the United Kingdom, Rest of Europe, Americas, Asia Pacific, and Africa. The company serves clients in various industries including food and confectionery; wines, beers, and spirits; tobacco; cosmetics and perfumes; home and household care, among others.

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