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Puissant Industries (Puissant Industries) Effective Interest Rate on Debt % : 23.26% (As of Dec. 2013)


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What is Puissant Industries 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. Puissant Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2013 was $0.01 Mil. Puissant Industries's average total debt for the quarter that ended in Dec. 2013 was $0.04 Mil. Therefore, Puissant Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 was 23.26%.

Puissant Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Puissant Industries'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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Puissant Industries Effective Interest Rate on Debt % Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Effective Interest Rate on Debt %
- 2.08 7.02 23.26

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Effective Interest Rate on Debt % - 2.08 7.02 23.26

Competitive Comparison of Puissant Industries's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Puissant Industries'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.

Puissant Industries's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Puissant Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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


Puissant Industries Effective Interest Rate on Debt % Calculation

Puissant Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -0.01/( (0.045+0.041)/ 2 )
=-1  *  -0.01/0.043
=23.26 %

where

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.041 + 0.004
=0.045

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.037 + 0.004
=0.041

Puissant Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2012 )+Total Debt  (Q: Dec. 2013 ))/ count )
=-1  *  -0.01/( (0.045+0.041)/ 2 )
=-1  *  -0.01/0.043
=23.26 %

where

Total Debt  (Q: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.041 + 0.004
=0.045

Total Debt  (Q: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.037 + 0.004
=0.041

* 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. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Puissant Industries  (OTCPK:PSSS) Effective Interest Rate on Debt % Explanation

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

Puissant Industries Effective Interest Rate on Debt % Related Terms

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Puissant Industries (Puissant Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSXV:AVN TSXV:SHM ALTX TSXV:OEC TSXV:TZR TSXV:KLE.H TSXV:PDQ LSE:SRO TSXV:NTN.H ASX:PKO XCNQ:TENO TSXV:STMP TSXV:YVI ASX:TNP IFNY STSC TSXV:RHC DBRM TSXV:MOL TSXV:AHU
Traded in Other Exchanges
N/A
Address
480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Website
http://www.psss.co
Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.
Executives
Carbon River Holdings, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook director, officer: Vice President 520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J. director, officer: Secretary/Treasurer 520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook director, officer: President 520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

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