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Trimax (Trimax) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2015)


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What is Trimax 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. Trimax's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was $0.00 Mil. Trimax's average total debt for the quarter that ended in Sep. 2015 was $0.14 Mil. Therefore, Trimax's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 0.00%.


Trimax Effective Interest Rate on Debt % Historical Data

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

Trimax Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Dec10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
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Trimax Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Trimax's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Trimax'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.


Trimax's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trimax's Effective Interest Rate on Debt % distribution charts can be found below:

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



Trimax Effective Interest Rate on Debt % Calculation

Trimax's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  0/( (0.004+0)/ 1 )
=-1  *  0/0.004
=0.00 %

where

Trimax's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2015 )+Total Debt  (Q: Sep. 2015 ))/ count )
=-1  *  0/( (0.1+0.189)/ 2 )
=-1  *  0/0.1445
=0.00 %

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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Trimax  (OTCPK:TMXN) Effective Interest Rate on Debt % Explanation

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


Trimax Effective Interest Rate on Debt % Related Terms

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Trimax (Trimax) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200-A, Torrance, CA, USA, 90501
Trimax Corp is a shell company.
Executives
Bradley Wilson officer: President 1794 BAY DR POMPANO BEACH FL 33062