Praxsyn (Praxsyn) Effective Interest Rate on Debt % : 21.50% (As of Sep. 2015)

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What is Praxsyn 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. Praxsyn's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was $0.77 Mil. Praxsyn's average total debt for the quarter that ended in Sep. 2015 was $3.59 Mil. Therefore, Praxsyn's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 21.50%.

Praxsyn Effective Interest Rate on Debt % Historical Data

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

Praxsyn Annual Data

Trend

Oct05

Oct06

Oct07

Oct08

Oct09

Dec10

Dec11

Dec12

Dec13

Dec14

Effective Interest Rate on Debt %

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85.57

148.05

84.77

71.36

625.34

Praxsyn Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															959.32	592.47	376.42	14.30	21.50

Competitive Comparison of Praxsyn's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Praxsyn'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.

Praxsyn's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Praxsyn's Effective Interest Rate on Debt % distribution charts can be found below:

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

Praxsyn Effective Interest Rate on Debt % Calculation

Praxsyn's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2013 )	+	Total Debt (A: Dec. 2014 ))	/ count )
=	-1 * -31.733	/	( (6.046	+	4.103)	/ 2 )
=	-1 * -31.733	/	5.0745
=	625.34 %

where

	Total Debt (A: Dec. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	6.046
=	6.046

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.227	+	3.876
=	4.103

Praxsyn's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2015 )	+	Total Debt (Q: Sep. 2015 ))	/ count )
=	-1 * -0.772	/	( (3.609	+	3.574)	/ 2 )
=	-1 * -0.772	/	3.5915
=	21.50 %

where

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.192	+	3.417
=	3.609

	Total Debt (Q: Sep. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.168	+	3.406
=	3.574

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 (Sep. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Praxsyn (GREY:PXYN) Effective Interest Rate on Debt % Explanation

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

Praxsyn Effective Interest Rate on Debt % Related Terms

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Praxsyn (Praxsyn) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Praxsyn Corp (GREY:PXYN) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

61 Spectrum Boulevard, Suite A, Las Vegas, NV, USA, 89101

Website

http://www.praxsyncorp.com

Praxsyn Corp is a healthcare company, dedicated to providing medical practitioners with medications and services for their patients. Through its retail pharmacy facility, it formulates healthcare practitioner-prescribed medications to serve patients who experience chronic pain. It primarily focuses on non-narcotic and non-habit forming medications using therapeutic and preventative agents for pain management. In addition, the group prepares innovative products that address erectile dysfunction and metabolic issues and other ancillary products. The products of the firm are either picked up directly from pharmacy facility or shipped directly to patients. The business activities are functioned through the regions of United States.