NGRC (National Graphite) Effective Interest Rate on Debt %: -2.23% (As of May. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is National Graphite Effective Interest Rate on Debt %?

National Graphite NGRC Effective Interest Rate on Debt % is -2.23% as of May. 2015.

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. National Graphite's annualized positive value of Interest Expense for the quarter that ended in May. 2015 was $-0.05 Mil. National Graphite's average total debt for the quarter that ended in May. 2015 was $2.33 Mil. Therefore, National Graphite's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2015 was -2.23%.

National Graphite  (OTCPK:NGRC) Effective Interest Rate on Debt % Explanation

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

National Graphite Effective Interest Rate on Debt % Related Terms

National Graphite Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for National Graphite'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.

National Graphite Effective Interest Rate on Debt % Chart

National Graphite Annual Data
Trend May08 May09 May10 May11 May12 May13 May14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 1.18

National Graphite Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 9.39 0.84 8.54 7.09 -2.23

NGRC vs NBIO, ENDV, DMPI: Effective Interest Rate on Debt % Comparison

For the Shell Companies subindustry, National Graphite'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.

National Graphite Effective Interest Rate on Debt % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, National Graphite's Effective Interest Rate on Debt % distribution charts can be found below:

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


National Graphite Effective Interest Rate on Debt % Calculation

National Graphite's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2013 )+Total Debt  (A: May. 2014 ))/ count )
=-1  *  -0.011/( (0+0.93)/ 1 )
=-1  *  -0.011/0.93
=1.18 %

where

Total Debt  (A: May. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: May. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.93
=0.93

National Graphite's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2015 )+Total Debt  (Q: May. 2015 ))/ count )
=-1  *  0.052/( (2.532+2.128)/ 2 )
=-1  *  0.052/2.33
=-2.23 %

where

Total Debt  (Q: Feb. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.869 + 1.663
=2.532

Total Debt  (Q: May. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.82 + 1.308
=2.128

* 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 (May. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of -2.23% mean?
National Graphite (NGRC) has a Effective Interest Rate on Debt % of -2.23% as of May. 2015. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on National Graphite and its competitors.
Is National Graphite's Effective Interest Rate on Debt % too high?
National Graphite's current Effective Interest Rate on Debt % is -2.23%.
How does National Graphite's Effective Interest Rate on Debt % compare to NBIO and ENDV?
National Graphite's Effective Interest Rate on Debt % of -2.23% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Diversified Financial Services company?
A good Effective Interest Rate on Debt % depends on the Diversified Financial Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on National Graphite and its competitors. National Graphite's current Effective Interest Rate on Debt % is -2.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Graphite stock overvalued right now?
National Graphite (NGRC) has a current Effective Interest Rate on Debt % of -2.23%. The current Effective Interest Rate on Debt % is -2.23%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For National Graphite (NGRC), the current Effective Interest Rate on Debt % is -2.23% as of May. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

National Graphite Business Description

Address 2288 No.5 Road, No. 190, Richmond, BC, CAN, V6X 2T1
National Graphite Corp is a shell company.