SCST (Suncast Solar Energy) Effective Interest Rate on Debt %: 58.19% (As of Dec. 2008)


What is Suncast Solar Energy Effective Interest Rate on Debt %?

Suncast Solar Energy SCST Effective Interest Rate on Debt % is 58.19% as of Dec. 2008.

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. Suncast Solar Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2008 was $1.00 Mil. Suncast Solar Energy's average total debt for the quarter that ended in Dec. 2008 was $1.73 Mil. Therefore, Suncast Solar Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2008 was 58.19%.

Suncast Solar Energy  (OTCPK:SCST) Effective Interest Rate on Debt % Explanation

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

Suncast Solar Energy Effective Interest Rate on Debt % Related Terms

Suncast Solar Energy Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Effective Interest Rate on Debt % Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 28.94 24.87 49.78

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 25.69 23.61 19.96 19.29 58.19

SCST vs ECEZ, CESX, ALAN: Effective Interest Rate on Debt % Comparison

For the Waste Management subindustry, Suncast Solar Energy'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.

Suncast Solar Energy Effective Interest Rate on Debt % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suncast Solar Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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


Suncast Solar Energy Effective Interest Rate on Debt % Calculation

Suncast Solar Energy'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  *  -0.563/( (1.204+1.058)/ 2 )
=-1  *  -0.563/1.131
=49.78 %

where

Total Debt  (A: Dec. 2007 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.348 + 0.856
=1.204

Total Debt  (A: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.396 + 0.662
=1.058

Suncast Solar Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2008 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2008 )+Total Debt  (Q: Dec. 2008 ))/ count )
=-1  *  -1.004/( (2.393+1.058)/ 2 )
=-1  *  -1.004/1.7255
=58.19 %

where

Total Debt  (Q: Sep. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.005 + 2.388
=2.393

Total Debt  (Q: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.396 + 0.662
=1.058

* 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 (Dec. 2008) 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 58.19% mean?
Suncast Solar Energy (SCST) has a Effective Interest Rate on Debt % of 58.19% as of Dec. 2008. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Effective Interest Rate on Debt % too high?
Suncast Solar Energy's current Effective Interest Rate on Debt % is 58.19%.
How does Suncast Solar Energy's Effective Interest Rate on Debt % compare to ECEZ and CESX?
Suncast Solar Energy's Effective Interest Rate on Debt % of 58.19% can be compared against companies in the Waste Management 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 Waste Management company?
A good Effective Interest Rate on Debt % depends on the Waste Management 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 Suncast Solar Energy and its competitors. Suncast Solar Energy's current Effective Interest Rate on Debt % is 58.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Effective Interest Rate on Debt % of 58.19%. The current Effective Interest Rate on Debt % is 58.19%. 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 Suncast Solar Energy (SCST), the current Effective Interest Rate on Debt % is 58.19% as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.