SSCC (Spirits Cap) Effective Interest Rate on Debt %: 0.00% (As of Dec. 2010)


What is Spirits Cap Effective Interest Rate on Debt %?

Spirits Cap SSCC Effective Interest Rate on Debt % is 0.00% as of Dec. 2010.

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. Spirits Cap's annualized positive value of Interest Expense for the quarter that ended in Dec. 2010 was $0.00 Mil. Spirits Cap's average total debt for the quarter that ended in Dec. 2010 was $0.02 Mil. Therefore, Spirits Cap's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2010 was 0.00%.

Spirits Cap  (OTCPK:SSCC) Effective Interest Rate on Debt % Explanation

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

Spirits Cap Effective Interest Rate on Debt % Related Terms

Spirits Cap Effective Interest Rate on Debt % Historical Data

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The historical data trend for Spirits Cap'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.

Spirits Cap Effective Interest Rate on Debt % Chart

Spirits Cap Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Spirits Cap Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.00 0.00 0.00 0.00 0.00

SSCC vs HYBT, SHNL, AQSP: Effective Interest Rate on Debt % Comparison

For the Information Technology Services subindustry, Spirits Cap'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.

Spirits Cap Effective Interest Rate on Debt % vs Software Industry

For the Software industry and Technology sector, Spirits Cap's Effective Interest Rate on Debt % distribution charts can be found below:

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


Spirits Cap Effective Interest Rate on Debt % Calculation

Spirits Cap's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2009 )+Total Debt  (A: Dec. 2010 ))/ count )
=-1  *  0/( (0.012+0.016)/ 2 )
=-1  *  0/0.014
=0.00 %

where

Total Debt  (A: Dec. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.012
=0.012

Total Debt  (A: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.016
=0.016

Spirits Cap's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2010 )+Total Debt  (Q: Dec. 2010 ))/ count )
=-1  *  0/( (0+0.016)/ 1 )
=-1  *  0/0.016
=0.00 %

where

Total Debt  (Q: Sep. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.016
=0.016

* 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. 2010) 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 0.00% mean?
Spirits Cap (SSCC) has a Effective Interest Rate on Debt % of 0.00% as of Dec. 2010. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Spirits Cap and its competitors.
Is Spirits Cap's Effective Interest Rate on Debt % too high?
Spirits Cap's current Effective Interest Rate on Debt % is 0.00%.
How does Spirits Cap's Effective Interest Rate on Debt % compare to HYBT and SHNL?
Spirits Cap's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Software 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 Software company?
A good Effective Interest Rate on Debt % depends on the Software 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 Spirits Cap and its competitors. Spirits Cap's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirits Cap stock overvalued right now?
Spirits Cap (SSCC) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 Spirits Cap (SSCC), the current Effective Interest Rate on Debt % is 0.00% as of Dec. 2010. 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.

Spirits Cap Business Description

Address 100 Bayview Circle, Suite 4100, Newport Beach, CA, USA, 92660
Spirits Cap Corp is a financial technology platform providing secured purchase of premium American Whiskey while maturing.