Reelcause (Reelcause) Effective Interest Rate on Debt % : 7.87% (As of Sep. 2012)

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What is Reelcause 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. Reelcause's annualized positive value of Interest Expense for the quarter that ended in Sep. 2012 was $0.80 Mil. Reelcause's average total debt for the quarter that ended in Sep. 2012 was $10.21 Mil. Therefore, Reelcause's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2012 was 7.87%.

Reelcause Effective Interest Rate on Debt % Historical Data

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

Reelcause Annual Data

Trend

Oct08

Oct09

Dec10

Dec11

Effective Interest Rate on Debt %

5.29

7.61

Reelcause Quarterly Data
	Apr08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												8.19	8.60	8.03	8.70	7.87

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

For the Specialty Industrial Machinery subindustry, Reelcause'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.

Reelcause's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Reelcause's Effective Interest Rate on Debt % distribution charts can be found below:

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

Reelcause Effective Interest Rate on Debt % Calculation

Reelcause's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2010 )	+	Total Debt (A: Dec. 2011 ))	/ count )
=	-1 * -0.765	/	( (8.926	+	11.175)	/ 2 )
=	-1 * -0.765	/	10.0505
=	7.61 %

where

	Total Debt (A: Dec. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	8.926
=	8.926

	Total Debt (A: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11.175
=	11.175

Reelcause's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2012 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2012 )	+	Total Debt (Q: Sep. 2012 ))	/ count )
=	-1 * -0.804	/	( (9.671	+	10.756)	/ 2 )
=	-1 * -0.804	/	10.2135
=	7.87 %

where

	Total Debt (Q: Jun. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	9.671
=	9.671

	Total Debt (Q: Sep. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.756
=	10.756

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. 2012) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Reelcause (OTCPK:RCIT) Effective Interest Rate on Debt % Explanation

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

Reelcause Effective Interest Rate on Debt % Related Terms

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Reelcause (Reelcause) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reelcause Inc (OTCPK:RCIT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121

Website

https://www.rcitgroup.net

Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.

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