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Proliance International (Proliance International) Effective Interest Rate on Debt % : 29.67% (As of Mar. 2009)


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What is Proliance 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. Proliance International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2009 was $12.1 Mil. Proliance International's average total debt for the quarter that ended in Mar. 2009 was $40.7 Mil. Therefore, Proliance International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2009 was 29.67%.


Proliance International Effective Interest Rate on Debt % Historical Data

The historical data trend for Proliance 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.

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Proliance International Effective Interest Rate on Debt % Chart

Proliance International Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 28.08

Proliance International Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 - - - - 29.67

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

For the Auto Parts subindustry, Proliance 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.


Proliance International's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

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

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



Proliance International Effective Interest Rate on Debt % Calculation

Proliance International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2008 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2007 )+Total Debt  (A: Dec. 2008 ))/ count )
=-1  *  -15.764/( (67.453+44.837)/ 2 )
=-1  *  -15.764/56.145
=28.08 %

where

Total Debt  (A: Dec. 2007 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.211 + 67.242
=67.453

Total Debt  (A: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.877 + 43.96
=44.837

Proliance International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2008 )+Total Debt  (Q: Mar. 2009 ))/ count )
=-1  *  -12.08/( (44.837+36.6)/ 2 )
=-1  *  -12.08/40.7185
=29.67 %

where

Total Debt  (Q: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.877 + 43.96
=44.837

Total Debt  (Q: Mar. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.745 + 35.855
=36.6

* 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. 2009) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Proliance International  (OTCPK:PLNTQ) Effective Interest Rate on Debt % Explanation

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


Proliance International Effective Interest Rate on Debt % Related Terms

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Proliance International (Proliance International) Business Description

Traded in Other Exchanges
N/A
Address
100 Gando Drive, New Haven, CT, USA, 06513
Proliance International Inc designs, manufactures and markets heat exchange products and temperature control parts for the automotive and light truck aftermarket.
Executives
Arlen F Henock officer: Exec VP and CFO
Paul R Lederer director 233 S PATTERSON, SPRINGFIELD MO 65802
Abraham William J Jr director FOLEY & LARDNER, 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 63202
Vincent L Martin director
James R Rulseh director 5001 N SECOND STREET, ROCKFORD IL 61111
Bradley C Richardson director
Sharon M Oster director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Michael T Yonker director 5001 NORTH SECOND STREET, ROCKFORD IL 61111
Philip W Colburn director 11611 SAN VICENTE BLVD, SUITE 505, LOS ANGELES CA 90049

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