Sunburst Acquisitions V (Sunburst Acquisitions V) Effective Interest Rate on Debt % : -20.16% (As of Dec. 2018)

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What is Sunburst Acquisitions V 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. Sunburst Acquisitions V's annualized positive value of Interest Expense for the quarter that ended in Dec. 2018 was $-0.66 Mil. Sunburst Acquisitions V's average total debt for the quarter that ended in Dec. 2018 was $3.29 Mil. Therefore, Sunburst Acquisitions V's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 was -20.16%.

Sunburst Acquisitions V Effective Interest Rate on Debt % Historical Data

The historical data trend for Sunburst Acquisitions V'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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Sunburst Acquisitions V Effective Interest Rate on Debt % Chart

Sunburst Acquisitions V Annual Data

Trend

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

11.11

0.09

Sunburst Acquisitions V Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				-	5.73	6.47	7.16	-20.16

Competitive Comparison of Sunburst Acquisitions V's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Sunburst Acquisitions V'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.

Sunburst Acquisitions V's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sunburst Acquisitions V's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sunburst Acquisitions V Effective Interest Rate on Debt % Calculation

Sunburst Acquisitions V's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -0.003	/	( (0	+	0)	/ 1 )
=	-1 * -0.003	/	0
=	N/A %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Sunburst Acquisitions V's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2018 )	+	Total Debt (Q: Dec. 2018 ))	/ count )
=	-1 * 0.664	/	( (3.294	+	0)	/ 1 )
=	-1 * 0.664	/	3.294
=	-20.16 %

where

	Total Debt (Q: Sep. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	3.294
=	3.294

	Total Debt (Q: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sunburst Acquisitions V (GREY:SGIL) Effective Interest Rate on Debt % Explanation

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

Sunburst Acquisitions V Effective Interest Rate on Debt % Related Terms

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Sunburst Acquisitions V (Sunburst Acquisitions V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sunburst Acquisitions V Inc (GREY:SGIL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road, World-Wide House, Room 2305A, 23rd Floor, Central, Hong Kong, HKG

Website

Sunburst Acquisitions V Inc through its direct and indirect wholly owned subsidiaries is in the business of providing import custom clearing services in the Guangdong province in the People's Republic of China. The company generates revenue from the Import and Customs Clearance Service and Trading. It ceases its business.

Sunburst Acquisitions V (Sunburst Acquisitions V) Headlines

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