SAGD (South American Gold) Effective Interest Rate on Debt %: 206.45% (As of Sep. 2013)


What is South American Gold Effective Interest Rate on Debt %?

South American Gold SAGD Effective Interest Rate on Debt % is 206.45% as of Sep. 2013.

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. South American Gold's annualized positive value of Interest Expense for the quarter that ended in Sep. 2013 was $0.13 Mil. South American Gold's average total debt for the quarter that ended in Sep. 2013 was $0.06 Mil. Therefore, South American Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 was 206.45%.

South American Gold  (OTCPK:SAGD) Effective Interest Rate on Debt % Explanation

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

South American Gold Effective Interest Rate on Debt % Related Terms

South American Gold Effective Interest Rate on Debt % Historical Data

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The historical data trend for South American Gold'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.

South American Gold Effective Interest Rate on Debt % Chart

South American Gold Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 388.14

South American Gold Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 977.78 1,172.09 472.73 468.15 206.45

SAGD vs RGGI, RAEWF: Effective Interest Rate on Debt % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, South American Gold'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.

South American Gold Effective Interest Rate on Debt % vs Drug Manufacturers Industry

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

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


South American Gold Effective Interest Rate on Debt % Calculation

South American Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2012 )+Total Debt  (A: Jun. 2013 ))/ count )
=-1  *  -0.229/( (0+0.059)/ 1 )
=-1  *  -0.229/0.059
=388.14 %

where

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

Total Debt  (A: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.019 + 0.04
=0.059

South American Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2013 )+Total Debt  (Q: Sep. 2013 ))/ count )
=-1  *  -0.128/( (0.059+0.065)/ 2 )
=-1  *  -0.128/0.062
=206.45 %

where

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.019 + 0.04
=0.059

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.019 + 0.046
=0.065

* 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. 2013) 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 206.45% mean?
South American Gold (SAGD) has a Effective Interest Rate on Debt % of 206.45% as of Sep. 2013. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on South American Gold and its competitors.
Is South American Gold's Effective Interest Rate on Debt % too high?
South American Gold's current Effective Interest Rate on Debt % is 206.45%.
How does South American Gold's Effective Interest Rate on Debt % compare to RGGI and RAEWF?
South American Gold's Effective Interest Rate on Debt % of 206.45% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Effective Interest Rate on Debt % depends on the Drug Manufacturers 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 South American Gold and its competitors. South American Gold's current Effective Interest Rate on Debt % is 206.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South American Gold stock overvalued right now?
South American Gold (SAGD) has a current Effective Interest Rate on Debt % of 206.45%. The current Effective Interest Rate on Debt % is 206.45%. 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 South American Gold (SAGD), the current Effective Interest Rate on Debt % is 206.45% as of Sep. 2013. 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.

South American Gold Business Description

Address 8275 S. Eastern Avenue, Suite 200, Las Vegas, NV, USA, 89123
South American Gold Corp owns, operates, and invests in cannabis-related products, services, and technology. The company is focused on tech related as well as more traditional physical product operations that will provide a diverse base of products and service offerings.