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Stealth Technologies (Stealth Technologies) Effective Interest Rate on Debt % : 47.23% (As of Sep. 2019)


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What is Stealth Technologies 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. Stealth Technologies's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was $0.51 Mil. Stealth Technologies's average total debt for the quarter that ended in Sep. 2019 was $1.08 Mil. Therefore, Stealth Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 47.23%.


Stealth Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Stealth Technologies'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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Stealth Technologies Effective Interest Rate on Debt % Chart

Stealth Technologies Annual Data
Trend Jun11 Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 118.30 99.72 6.05 26.46 92.18

Stealth Technologies Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 55.75 96.91 40.88 31.55 47.23

Competitive Comparison of Stealth Technologies's Effective Interest Rate on Debt %

For the Software - Application subindustry, Stealth Technologies'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.


Stealth Technologies's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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



Stealth Technologies Effective Interest Rate on Debt % Calculation

Stealth Technologies'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  *  -0.572/( (0.271+0.97)/ 2 )
=-1  *  -0.572/0.6205
=92.18 %

where

Stealth Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2019 )+Total Debt  (Q: Sep. 2019 ))/ count )
=-1  *  -0.512/( (0.979+1.189)/ 2 )
=-1  *  -0.512/1.084
=47.23 %

where

* 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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Stealth Technologies  (GREY:STTH) Effective Interest Rate on Debt % Explanation

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


Stealth Technologies Effective Interest Rate on Debt % Related Terms

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Stealth Technologies (Stealth Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 470, Largo, FL, USA, 33770
Stealth Technologies Inc engages in identifying and capitalizing on emerging technology with a focus on product development and sales in the security and personal protection industry. Its product Stealth Card is designed to protect the EMV chip in a consumer's credit card from 'electronic pickpocketing' that uses a smartphone, credit card reader, or RFID antenna to remotely access data stored on the consumer's EMV Smartchip. It operates through the following brands: 911 Help Now, Squeezee, Data Secure, Ezee, Zeus, and My Safe Identity.
Executives
Jimmy Wayne Anderson 10 percent owner 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Ted Korin 10 percent owner 800 WOODBURY ROAD SUITE H WOODBURY NY 11797
Michelle Pannoni officer: Secretary/Treasurer 801 WEST BAY DRIVE #495 LARGO FL 33770
Brian Mcfadden officer: CEO/President 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767

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