PFTI (Puradyn Filter Technologies) Effective Interest Rate on Debt %: 4.25% (As of Dec. 2019)

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PFTI Puradyn Filter Technologies Inc PFTI
12 GF Score
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What is Puradyn Filter Technologies Effective Interest Rate on Debt %?

Puradyn Filter Technologies PFTI 12 Effective Interest Rate on Debt % is 4.25% as of Dec. 2019. GuruFocus rates PFTI with a GF Score™ of 12/100.

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. Puradyn Filter Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2019 was $0.44 Mil. Puradyn Filter Technologies's average total debt for the quarter that ended in Dec. 2019 was $10.35 Mil. Therefore, Puradyn Filter Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 was 4.25%.


Puradyn Filter Technologies  (OTCPK:PFTI) Effective Interest Rate on Debt % Explanation

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


Puradyn Filter Technologies Effective Interest Rate on Debt % Related Terms


Puradyn Filter Technologies Effective Interest Rate on Debt % Historical Data

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The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies Effective Interest Rate on Debt % Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 3.63 3.61 4.01 4.34

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 4.13 3.90 3.95 4.28 4.25

PFTI vs CSHEF, FLES, OMTK: Effective Interest Rate on Debt % Comparison

For the Auto Parts subindustry, Puradyn Filter Technologies'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.


Puradyn Filter Technologies Effective Interest Rate on Debt % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Puradyn Filter Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Puradyn Filter Technologies's Effective Interest Rate on Debt % falls into.


PFTI
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Puradyn Filter Technologies Inc PFTI
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Puradyn Filter Technologies Effective Interest Rate on Debt % Calculation

Puradyn Filter Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2018 )+Total Debt  (A: Dec. 2019 ))/ count )
=-1  *  -0.407/( (8.315+10.448)/ 2 )
=-1  *  -0.407/9.3815
=4.34 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.99 + 0.325
=8.315

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.042 + 1.406
=10.448

Puradyn Filter Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2019 )+Total Debt  (Q: Dec. 2019 ))/ count )
=-1  *  -0.44/( (10.247+10.448)/ 2 )
=-1  *  -0.44/10.3475
=4.25 %

where

Total Debt  (Q: Sep. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.083 + 1.164
=10.247

Total Debt  (Q: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.042 + 1.406
=10.448

* 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 (Dec. 2019) 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 4.25% mean?
Puradyn Filter Technologies (PFTI) has a Effective Interest Rate on Debt % of 4.25% as of Dec. 2019. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Puradyn Filter Technologies and its competitors.
Is Puradyn Filter Technologies' Effective Interest Rate on Debt % too high?
Puradyn Filter Technologies' current Effective Interest Rate on Debt % is 4.25%. Overall, Puradyn Filter Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Puradyn Filter Technologies' Effective Interest Rate on Debt % compare to CSHEF and FLES?
Puradyn Filter Technologies' Effective Interest Rate on Debt % of 4.25% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Effective Interest Rate on Debt % depends on the Vehicles & Parts 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 Puradyn Filter Technologies and its competitors. Puradyn Filter Technologies's current Effective Interest Rate on Debt % is 4.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puradyn Filter Technologies stock overvalued right now?
Puradyn Filter Technologies (PFTI) has a current Effective Interest Rate on Debt % of 4.25%. The current Effective Interest Rate on Debt % is 4.25%. Puradyn Filter Technologies' overall GF Score™ is 12/100. 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 Puradyn Filter Technologies (PFTI), the current Effective Interest Rate on Debt % is 4.25% as of Dec. 2019. 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.

Puradyn Filter Technologies Business Description

Address 2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc is involved in designing manufacturing and distributing Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid, and gaseous contaminants from the oil through the filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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