STYS (Stinger Systems) Effective Interest Rate on Debt %: 38.95% (As of Sep. 2009)


What is Stinger Systems Effective Interest Rate on Debt %?

Stinger Systems STYS -99.00% Effective Interest Rate on Debt % is 38.95% as of Sep. 2009.

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. Stinger Systems's annualized positive value of Interest Expense for the quarter that ended in Sep. 2009 was $1.14 Mil. Stinger Systems's average total debt for the quarter that ended in Sep. 2009 was $2.93 Mil. Therefore, Stinger Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2009 was 38.95%.

Stinger Systems  (OTCPK:STYS) Effective Interest Rate on Debt % Explanation

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

Stinger Systems Effective Interest Rate on Debt % Related Terms

Stinger Systems Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Stinger Systems'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.

Stinger Systems Effective Interest Rate on Debt % Chart

Stinger Systems Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Effective Interest Rate on Debt %
0.00 0.00 0.00 96.39

Stinger Systems Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.00 0.00 43.29 38.91 38.95

STYS vs MDEX, NEIK, MICT: Effective Interest Rate on Debt % Comparison

For the Aerospace & Defense subindustry, Stinger Systems'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.

Stinger Systems Effective Interest Rate on Debt % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Stinger Systems's Effective Interest Rate on Debt % distribution charts can be found below:

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


Stinger Systems Effective Interest Rate on Debt % Calculation

Stinger Systems'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  *  -1.99/( (1.471+2.658)/ 2 )
=-1  *  -1.99/2.0645
=96.39 %

where

Total Debt  (A: Dec. 2007 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.418 + 0.053
=1.471

Total Debt  (A: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.603 + 0.055
=2.658

Stinger Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2009 )+Total Debt  (Q: Sep. 2009 ))/ count )
=-1  *  -1.14/( (2.856+2.997)/ 2 )
=-1  *  -1.14/2.9265
=38.95 %

where

Total Debt  (Q: Jun. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.8 + 0.056
=2.856

Total Debt  (Q: Sep. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.941 + 0.056
=2.997

* 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. 2009) 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 38.95% mean?
Stinger Systems (STYS) has a Effective Interest Rate on Debt % of 38.95% as of Sep. 2009. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Stinger Systems and its competitors.
Is Stinger Systems' Effective Interest Rate on Debt % too high?
Stinger Systems' current Effective Interest Rate on Debt % is 38.95%.
How does Stinger Systems' Effective Interest Rate on Debt % compare to MDEX and NEIK?
Stinger Systems' Effective Interest Rate on Debt % of 38.95% can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Effective Interest Rate on Debt % depends on the Aerospace & Defense 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 Stinger Systems and its competitors. Stinger Systems's current Effective Interest Rate on Debt % is 38.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stinger Systems stock overvalued right now?
Stinger Systems (STYS) has a current Effective Interest Rate on Debt % of 38.95%. The current Effective Interest Rate on Debt % is 38.95%. 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 Stinger Systems (STYS), the current Effective Interest Rate on Debt % is 38.95% as of Sep. 2009. 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.

Stinger Systems Business Description

Address 5505 Johns Road, Suite 702, Tampa, FL, USA, 33634
Stinger Systems Inc is engaged in the production and sale of electronic stun devices for the control of, and to provide temporary incapacitation of, potentially dangerous persons.