GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mace Security International Inc (OTCPK:MACE) » Definitions » Effective Interest Rate on Debt %

Mace Security International (Mace Security International) Effective Interest Rate on Debt % : 4.05% (As of Mar. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Mace Security International 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. Mace Security International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $0.10 Mil. Mace Security International's average total debt for the quarter that ended in Mar. 2023 was $2.37 Mil. Therefore, Mace Security International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 4.05%.


Mace Security International Effective Interest Rate on Debt % Historical Data

The historical data trend for Mace Security International'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.

* Premium members only.

Mace Security International Effective Interest Rate on Debt % Chart

Mace Security International Annual Data
Trend Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 4.02 2.49 2.62 6.13

Mace Security International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 3.19 3.21 15.27 5.06 4.05

Competitive Comparison of Mace Security International's Effective Interest Rate on Debt %

For the Security & Protection Services subindustry, Mace Security International'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.


Mace Security International's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

* The bar in red indicates where Mace Security International's Effective Interest Rate on Debt % falls into.



Mace Security International Effective Interest Rate on Debt % Calculation

Mace Security International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.071/( (0.411+1.906)/ 2 )
=-1  *  -0.071/1.1585
=6.13 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.168 + 0.243
=0.411

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.177 + 0.729
=1.906

Mace Security International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -0.096/( (1.906+2.839)/ 2 )
=-1  *  -0.096/2.3725
=4.05 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.177 + 0.729
=1.906

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.118 + 1.721
=2.839

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Mace Security International  (OTCPK:MACE) Effective Interest Rate on Debt % Explanation

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


Mace Security International Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Mace Security International's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mace Security International (Mace Security International) Business Description

Traded in Other Exchanges
N/A
Address
4400 Carnegie Avenue, Cleveland, OH, USA, 44103
Mace Security International Inc operates in a single segment of Personal Safety and Security, which sells its products to retailers, distributors, and individual consumers. It also sells tactical spray products and systems to law enforcement, security professionals, correctional institutions, and military markets. The company sells its products under the Mace Brand. Some of its products include Stun Guns, Home defense Kit, Personal Alarms, Pepper Sprays, Pepper Guns, Pepper Gel, and Other self-defense products.
Executives
Richard A Barone director ONE CHAGRIN HIGHLANDS, 2000 AUBURN DRIVE SUITE 300, CLEVELAND OH 44122
John Joseph Mccann director, officer: CEO 17410 TALL TREE TRAIL, CHAGRIN FALLS OH 44023
Daniel V Perella director 5991 HEATHER LANE, HUDSON OH 44236
Denis J Amato director ONE CHAGRIN HIGHLAND, 2000 AUBURN DRIVE #300, CLEVELAND OH 44122
Larry I Pollock director BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Dennis R Raefield director, officer: Chief Executive Officer 4 ORCHARD LN, ALAMO CA 94507
Michael E Smith director 240 GIBRALTAR ROAD, SUITE 220, HORSHAM PA 19044
John C Mallon director 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Lawndale Capital Management Llc 10 percent owner 591 REDWOOD HIGHWAY, SUITE 2345, MILL VALLEY CA 94941
Andrew E Shapiro 10 percent owner 591 REDWOOD HIGHWAY, SUITE 2345, MILL VALLEY CA 94941
Gerald T Laflamme director 2355 S ARLINGTON HEIGHTS RD STE 400, ARLIGTON HEIGHTS IL 60005
Ronald R Pollo officer: Chief Accounting Officer 1000 CRAWFORD PL, SUITE 400, MT LAUREL NJ 08054
Papadakis Constantine director 75 CRESTLINE RD, WAYNE NJ 19087
Gregory M Krzemien officer: Cheif Financial Officer 1000 CRAWFORD PL, SUITE 400, MT LAUREL NJ 08054
Matthew Joseph Paolino director 1000 CRAWFORD PLAZA, SUITE 400, MOUNT LAUREL NJ 08054