PPJE (PPJ Healthcare Enterprises) Effective Interest Rate on Debt %: 5,300.00% (As of Dec. 2009)

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What is PPJ Healthcare Enterprises Effective Interest Rate on Debt %?

PPJ Healthcare Enterprises PPJE -98.00% Effective Interest Rate on Debt % is 5,300.00% as of Dec. 2009.

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. PPJ Healthcare Enterprises's annualized positive value of Interest Expense for the quarter that ended in Dec. 2009 was $0.11 Mil. PPJ Healthcare Enterprises's average total debt for the quarter that ended in Dec. 2009 was $0.00 Mil. Therefore, PPJ Healthcare Enterprises's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2009 was 5,300.00%.

PPJ Healthcare Enterprises  (OTCPK:PPJE) Effective Interest Rate on Debt % Explanation

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

PPJ Healthcare Enterprises Effective Interest Rate on Debt % Related Terms

PPJ Healthcare Enterprises Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Effective Interest Rate on Debt % Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 43.55 34.59 642.11 5,300.00

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.00 43.55 34.59 642.11 5,300.00

PPJE vs LOGQ, MDFI, NMXS: Effective Interest Rate on Debt % Comparison

For the Health Information Services subindustry, PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Effective Interest Rate on Debt % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PPJ Healthcare Enterprises's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PPJ Healthcare Enterprises's Effective Interest Rate on Debt % falls into.


PPJ Healthcare Enterprises Effective Interest Rate on Debt % Calculation

PPJ Healthcare Enterprises's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2008 )+Total Debt  (A: Dec. 2009 ))/ count )
=-1  *  -0.106/( (0+0.002)/ 1 )
=-1  *  -0.106/0.002
=5,300.00 %

where

Total Debt  (A: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Dec. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.002
=0.002

PPJ Healthcare Enterprises's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2008 )+Total Debt  (Q: Dec. 2009 ))/ count )
=-1  *  -0.106/( (0+0.002)/ 1 )
=-1  *  -0.106/0.002
=5,300.00 %

where

Total Debt  (Q: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Dec. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.002
=0.002

* 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 one times the annual (Dec. 2009) 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 5,300.00% mean?
PPJ Healthcare Enterprises (PPJE) has a Effective Interest Rate on Debt % of 5,300.00% as of Dec. 2009. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on PPJ Healthcare Enterprises and its competitors.
Is PPJ Healthcare Enterprises' Effective Interest Rate on Debt % too high?
PPJ Healthcare Enterprises' current Effective Interest Rate on Debt % is 5,300.00%.
How does PPJ Healthcare Enterprises' Effective Interest Rate on Debt % compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' Effective Interest Rate on Debt % of 5,300.00% can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Effective Interest Rate on Debt % depends on the Healthcare Providers & 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 PPJ Healthcare Enterprises and its competitors. PPJ Healthcare Enterprises's current Effective Interest Rate on Debt % is 5,300.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) has a current Effective Interest Rate on Debt % of 5,300.00%. The current Effective Interest Rate on Debt % is 5,300.00%. 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 PPJ Healthcare Enterprises (PPJE), the current Effective Interest Rate on Debt % is 5,300.00% as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.