SVSO (SheerVision) Effective Interest Rate on Debt %: 4.35% (As of May. 2010)

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What is SheerVision Effective Interest Rate on Debt %?

SheerVision SVSO Effective Interest Rate on Debt % is 4.35% as of May. 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. SheerVision's annualized positive value of Interest Expense for the quarter that ended in May. 2010 was $0.00 Mil. SheerVision's average total debt for the quarter that ended in May. 2010 was $0.09 Mil. Therefore, SheerVision's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2010 was 4.35%.

SheerVision  (OTCPK:SVSO) Effective Interest Rate on Debt % Explanation

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

SheerVision Effective Interest Rate on Debt % Related Terms

SheerVision Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for SheerVision'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.

SheerVision Effective Interest Rate on Debt % Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
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 7.79

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 10.67 10.67 10.67 9.64 4.35

SVSO vs LENSF, WHSI, ASNB: Effective Interest Rate on Debt % Comparison

For the Medical Instruments & Supplies subindustry, SheerVision'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.

SheerVision Effective Interest Rate on Debt % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SheerVision's Effective Interest Rate on Debt % distribution charts can be found below:

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


SheerVision Effective Interest Rate on Debt % Calculation

SheerVision's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2008 )+Total Debt  (A: Aug. 2009 ))/ count )
=-1  *  -0.009/( (0.156+0.075)/ 2 )
=-1  *  -0.009/0.1155
=7.79 %

where

Total Debt  (A: Aug. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.156
=0.156

Total Debt  (A: Aug. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.075
=0.075

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2010 )+Total Debt  (Q: May. 2010 ))/ count )
=-1  *  -0.004/( (0.091+0.093)/ 2 )
=-1  *  -0.004/0.092
=4.35 %

where

Total Debt  (Q: Feb. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.091
=0.091

Total Debt  (Q: May. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.093
=0.093

* 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 (May. 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 4.35% mean?
SheerVision (SVSO) has a Effective Interest Rate on Debt % of 4.35% as of May. 2010. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SheerVision and its competitors.
Is SheerVision's Effective Interest Rate on Debt % too high?
SheerVision's current Effective Interest Rate on Debt % is 4.35%.
How does SheerVision's Effective Interest Rate on Debt % compare to LENSF and WHSI?
SheerVision's Effective Interest Rate on Debt % of 4.35% can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Effective Interest Rate on Debt % depends on the Medical Devices & Instruments 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 SheerVision and its competitors. SheerVision's current Effective Interest Rate on Debt % is 4.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SheerVision stock overvalued right now?
SheerVision (SVSO) has a current Effective Interest Rate on Debt % of 4.35%. The current Effective Interest Rate on Debt % is 4.35%. 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 SheerVision (SVSO), the current Effective Interest Rate on Debt % is 4.35% as of May. 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.

SheerVision Business Description

Address 4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.