SLDC (Solidus Communications) Effective Interest Rate on Debt %: 32.55% (As of Nov. 2016)


What is Solidus Communications Effective Interest Rate on Debt %?

Solidus Communications SLDC Effective Interest Rate on Debt % is 32.55% as of Nov. 2016.

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. Solidus Communications's annualized positive value of Interest Expense for the quarter that ended in Nov. 2016 was $0.87 Mil. Solidus Communications's average total debt for the quarter that ended in Nov. 2016 was $2.69 Mil. Therefore, Solidus Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2016 was 32.55%.

Solidus Communications  (OTCPK:SLDC) Effective Interest Rate on Debt % Explanation

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

Solidus Communications Effective Interest Rate on Debt % Related Terms

Solidus Communications Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications Effective Interest Rate on Debt % Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.42 15.29 6.36 49.94 32.55

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.42 15.29 6.36 49.94 32.55

SLDC vs HMMR, DTGI, TMUS: Effective Interest Rate on Debt % Comparison

For the Telecom Services subindustry, Solidus Communications'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.

Solidus Communications Effective Interest Rate on Debt % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Effective Interest Rate on Debt % distribution charts can be found below:

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


Solidus Communications Effective Interest Rate on Debt % Calculation

Solidus Communications's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2015 )+Total Debt  (A: Nov. 2016 ))/ count )
=-1  *  -0.874/( (2.629+2.742)/ 2 )
=-1  *  -0.874/2.6855
=32.55 %

where

Total Debt  (A: Nov. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.629
=2.629

Total Debt  (A: Nov. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.742
=2.742

Solidus Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2015 )+Total Debt  (Q: Nov. 2016 ))/ count )
=-1  *  -0.874/( (2.629+2.742)/ 2 )
=-1  *  -0.874/2.6855
=32.55 %

where

Total Debt  (Q: Nov. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.629
=2.629

Total Debt  (Q: Nov. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.742
=2.742

* 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 one times the annual (Nov. 2016) 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 32.55% mean?
Solidus Communications (SLDC) has a Effective Interest Rate on Debt % of 32.55% as of Nov. 2016. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Effective Interest Rate on Debt % too high?
Solidus Communications' current Effective Interest Rate on Debt % is 32.55%.
How does Solidus Communications' Effective Interest Rate on Debt % compare to HMMR and DTGI?
Solidus Communications' Effective Interest Rate on Debt % of 32.55% can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Effective Interest Rate on Debt % depends on the Telecommunication Services 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 Solidus Communications and its competitors. Solidus Communications's current Effective Interest Rate on Debt % is 32.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Effective Interest Rate on Debt % of 32.55%. The current Effective Interest Rate on Debt % is 32.55%. 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 Solidus Communications (SLDC), the current Effective Interest Rate on Debt % is 32.55% as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.