PNNX (Pennexx Foods) Effective Interest Rate on Debt % : 0.00% (As of . 20)

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What is Pennexx Foods 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. Pennexx Foods's annualized positive value of Interest Expense for the quarter that ended in . 20 was $ Mil. Pennexx Foods's average total debt for the quarter that ended in . 20 was $ Mil. Therefore, Pennexx Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Pennexx Foods Effective Interest Rate on Debt % Historical Data

The historical data trend for Pennexx Foods'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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Pennexx Foods Effective Interest Rate on Debt % Chart

Pennexx Foods Annual Data

Trend

Effective Interest Rate on Debt %

Pennexx Foods Quarterly Data

Effective Interest Rate on Debt %

Competitive Comparison of Pennexx Foods's Effective Interest Rate on Debt %

For the Software - Application subindustry, Pennexx Foods'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.

Pennexx Foods's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Pennexx Foods's Effective Interest Rate on Debt % distribution charts can be found below:

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

Pennexx Foods Effective Interest Rate on Debt % Calculation

Pennexx Foods's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Pennexx Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: . 20 )	+	Total Debt (Q: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

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

Pennexx Foods (OTCPK:PNNX) Effective Interest Rate on Debt % Explanation

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

Pennexx Foods Effective Interest Rate on Debt % Related Terms

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Pennexx Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pennexx Foods Inc (OTCPK:PNNX) » Definitions » Effective Interest Rate on Debt %

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Address

2420 Enterprise Road, Suite 107, Clearwater, FL, USA, 33763

Website

http://www.pennexx.net

Pennexx Foods Inc is a technology company that is acquiring and developing novel methods of helping businesses grow using social media. The company is focused on Social Media, BitGift and Prepaid debit and credit cards utilizing artificial intelligence and patent-pending propriety software to gather information for targeted marketing.