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Mobile Lads (Mobile Lads) Effective Interest Rate on Debt % : 0.00% (As of Jul. 2016)


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What is Mobile Lads 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. Mobile Lads's annualized positive value of Interest Expense for the quarter that ended in Jul. 2016 was $0.00 Mil. Mobile Lads's average total debt for the quarter that ended in Jul. 2016 was $0.01 Mil. Therefore, Mobile Lads's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2016 was 0.00%.

Mobile Lads Effective Interest Rate on Debt % Historical Data

The historical data trend for Mobile Lads'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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Mobile Lads Effective Interest Rate on Debt % Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Effective Interest Rate on Debt %
- - -

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 - - 12.90 126.06 -

Competitive Comparison of Mobile Lads's Effective Interest Rate on Debt %

For the Consumer Electronics subindustry, Mobile Lads'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.

Mobile Lads's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mobile Lads's Effective Interest Rate on Debt % distribution charts can be found below:

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


Mobile Lads Effective Interest Rate on Debt % Calculation

Mobile Lads's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2014 )+Total Debt  (A: Apr. 2015 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (A: Apr. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Apr. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Mobile Lads's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2016 )+Total Debt  (Q: Jul. 2016 ))/ count )
=-1  *  0/( (0.01+0.009)/ 2 )
=-1  *  0/0.0095
=0.00 %

where

Total Debt  (Q: Apr. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.01
=0.01

Total Debt  (Q: Jul. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.009
=0.009

* 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 (Jul. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Mobile Lads  (OTCPK:MOBO) Effective Interest Rate on Debt % Explanation

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

Mobile Lads Effective Interest Rate on Debt % Related Terms

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Mobile Lads (Mobile Lads) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.