TORM (TOR Minerals International) Effective Interest Rate on Debt %: 2.94% (As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
Price $2.19
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What is TOR Minerals International Effective Interest Rate on Debt %?

TOR Minerals International TORM 12 Effective Interest Rate on Debt % is 2.94% as of Dec. 2017. GuruFocus rates TORM with a GF Score™ of 12/100.

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. TOR Minerals International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2017 was $0.11 Mil. TOR Minerals International's average total debt for the quarter that ended in Dec. 2017 was $3.81 Mil. Therefore, TOR Minerals International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 was 2.94%.


TOR Minerals International  (OTCPK:TORM) Effective Interest Rate on Debt % Explanation

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


TOR Minerals International Effective Interest Rate on Debt % Related Terms


TOR Minerals International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for TOR Minerals International'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.

TOR Minerals International Effective Interest Rate on Debt % Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 4.51 3.29 3.43 2.94

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 5.19 4.51 3.29 3.43 2.94

TORM vs BGLC, CRKN, SNES: Effective Interest Rate on Debt % Comparison

For the Specialty Chemicals subindustry, TOR Minerals International'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.


TOR Minerals International Effective Interest Rate on Debt % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOR Minerals International's Effective Interest Rate on Debt % distribution charts can be found below:

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


TORM
12GF Score
TOR Minerals International Inc TORM
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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TOR Minerals International Effective Interest Rate on Debt % Calculation

TOR Minerals International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  -0.112/( (4.073+3.552)/ 2 )
=-1  *  -0.112/3.8125
=2.94 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.725 + 1.348
=4.073

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.443 + 1.109
=3.552

TOR Minerals International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2016 )+Total Debt  (Q: Dec. 2017 ))/ count )
=-1  *  -0.112/( (4.073+3.552)/ 2 )
=-1  *  -0.112/3.8125
=2.94 %

where

Total Debt  (Q: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.725 + 1.348
=4.073

Total Debt  (Q: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.443 + 1.109
=3.552

* 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 one times the annual (Dec. 2017) 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 2.94% mean?
TOR Minerals International (TORM) has a Effective Interest Rate on Debt % of 2.94% as of Dec. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on TOR Minerals International and its competitors.
Is TOR Minerals International's Effective Interest Rate on Debt % too high?
TOR Minerals International's current Effective Interest Rate on Debt % is 2.94%. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's Effective Interest Rate on Debt % compare to BGLC and CRKN?
TOR Minerals International's Effective Interest Rate on Debt % of 2.94% can be compared against companies in the Chemicals 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 Chemicals company?
A good Effective Interest Rate on Debt % depends on the Chemicals 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 TOR Minerals International and its competitors. TOR Minerals International's current Effective Interest Rate on Debt % is 2.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current Effective Interest Rate on Debt % of 2.94%. The current Effective Interest Rate on Debt % is 2.94%. TOR Minerals International's overall GF Score™ is 12/100. 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 TOR Minerals International (TORM), the current Effective Interest Rate on Debt % is 2.94% as of Dec. 2017. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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