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Remote Dynamics (Remote Dynamics) Effective Interest Rate on Debt % : 13.37% (As of Sep. 2009)


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What is Remote Dynamics 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. Remote Dynamics's annualized positive value of Interest Expense for the quarter that ended in Sep. 2009 was $1.20 Mil. Remote Dynamics's average total debt for the quarter that ended in Sep. 2009 was $9.00 Mil. Therefore, Remote Dynamics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2009 was 13.37%.


Remote Dynamics Effective Interest Rate on Debt % Historical Data

The historical data trend for Remote Dynamics'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.

* Premium members only.

Remote Dynamics Effective Interest Rate on Debt % Chart

Remote Dynamics Annual Data
Trend Dec99 Dec00 Dec01 Aug02 Aug03 Aug04 Aug05 Aug06 Dec07 Dec08
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 22.32

Remote Dynamics Quarterly Data
Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.64 28.09 17.56 15.16 13.37

Competitive Comparison of Remote Dynamics's Effective Interest Rate on Debt %

For the Scientific & Technical Instruments subindustry, Remote Dynamics'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.


Remote Dynamics's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Remote Dynamics's Effective Interest Rate on Debt % distribution charts can be found below:

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



Remote Dynamics Effective Interest Rate on Debt % Calculation

Remote Dynamics's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2008 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2007 )+Total Debt  (A: Dec. 2008 ))/ count )
=-1  *  -2.102/( (9.105+9.73)/ 2 )
=-1  *  -2.102/9.4175
=22.32 %

where

Total Debt  (A: Dec. 2007 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.011 + 9.094
=9.105

Remote Dynamics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2009 )+Total Debt  (Q: Sep. 2009 ))/ count )
=-1  *  -1.204/( (8.921+9.088)/ 2 )
=-1  *  -1.204/9.0045
=13.37 %

where

* 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 four times the quarterly (Sep. 2009) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Remote Dynamics  (OTCPK:RMTD) Effective Interest Rate on Debt % Explanation

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


Remote Dynamics Effective Interest Rate on Debt % Related Terms

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Remote Dynamics (Remote Dynamics) Business Description

Industry
Traded in Other Exchanges
N/A
Address
200 Chisholm Place, Suite 120, Plano, TX, USA, 75075
Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.
Executives
Miller Lloyd I Iii other: Former 10% Owner
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

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