MDM Engineering Group (LSE:MDM) Effective Interest Rate on Debt % : 112.82% (As of Mar. 2014)

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What is MDM Engineering 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. MDM Engineering Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2014 was £0.02 Mil. MDM Engineering Group's average total debt for the quarter that ended in Mar. 2014 was £0.02 Mil. Therefore, MDM Engineering Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2014 was 112.82%.

MDM Engineering Group Effective Interest Rate on Debt % Historical Data

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

MDM Engineering Group Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Effective Interest Rate on Debt %

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1,036.92

366.67

13.33

17.07

50.00

MDM Engineering Group Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14
Effective Interest Rate on Debt %	12.00	13.33	22.22	7.27	112.82

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

For the Specialty Business Services subindustry, MDM Engineering 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.

MDM Engineering Group's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MDM Engineering Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

MDM Engineering Group Effective Interest Rate on Debt % Calculation

MDM Engineering 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 * -0.012	/	( (0.032	+	0.016)	/ 2 )
=	-1 * -0.012	/	0.024
=	50.00 %

where

	Total Debt (A: Mar. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.02	+	0.012
=	0.032

	Total Debt (A: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.011	+	0.005
=	0.016

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2013 )	+	Total Debt (Q: Mar. 2014 ))	/ count )
=	-1 * -0.022	/	( (0.023	+	0.016)	/ 2 )
=	-1 * -0.022	/	0.0195
=	112.82 %

where

	Total Debt (Q: Sep. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.014	+	0.009
=	0.023

	Total Debt (Q: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.011	+	0.005
=	0.016

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 (Mar. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

MDM Engineering Group (LSE:MDM) Effective Interest Rate on Debt % Explanation

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

MDM Engineering Group Effective Interest Rate on Debt % Related Terms

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MDM Engineering Group (LSE:MDM) Business Description

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Address

Website

http://www.mdm-engineering.com

MDM Engineering Group Ltd is engaged in the mineral process engineering and project management. The company has operations in the South Africa.

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