VCLD (Verecloud) Effective Interest Rate on Debt %: 10.04% (As of Sep. 2011)


What is Verecloud Effective Interest Rate on Debt %?

Verecloud VCLD Effective Interest Rate on Debt % is 10.04% as of Sep. 2011.

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. Verecloud's annualized positive value of Interest Expense for the quarter that ended in Sep. 2011 was $0.29 Mil. Verecloud's average total debt for the quarter that ended in Sep. 2011 was $2.87 Mil. Therefore, Verecloud's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2011 was 10.04%.

Verecloud  (OTCPK:VCLD) Effective Interest Rate on Debt % Explanation

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

Verecloud Effective Interest Rate on Debt % Related Terms

Verecloud Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Verecloud'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.

Verecloud Effective Interest Rate on Debt % Chart

Verecloud Annual Data
Trend Jul08 Jul09 Jun10 Jun11
Effective Interest Rate on Debt %
0.00 0.00 14.70 7.75

Verecloud Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 9.92 9.73 4.28 10.21 10.04

VCLD vs MGSGF, SOFT, VMII: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Verecloud'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.

Verecloud Effective Interest Rate on Debt % vs Software Industry

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

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


Verecloud Effective Interest Rate on Debt % Calculation

Verecloud's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2010 )+Total Debt  (A: Jun. 2011 ))/ count )
=-1  *  -0.127/( (0.864+2.414)/ 2 )
=-1  *  -0.127/1.639
=7.75 %

where

Total Debt  (A: Jun. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.864 + 0
=0.864

Total Debt  (A: Jun. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.414
=2.414

Verecloud's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2011 )+Total Debt  (Q: Sep. 2011 ))/ count )
=-1  *  -0.288/( (2.414+3.324)/ 2 )
=-1  *  -0.288/2.869
=10.04 %

where

Total Debt  (Q: Jun. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.414
=2.414

Total Debt  (Q: Sep. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 3.324
=3.324

* 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. 2011) 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 10.04% mean?
Verecloud (VCLD) has a Effective Interest Rate on Debt % of 10.04% as of Sep. 2011. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Verecloud and its competitors.
Is Verecloud's Effective Interest Rate on Debt % too high?
Verecloud's current Effective Interest Rate on Debt % is 10.04%.
How does Verecloud's Effective Interest Rate on Debt % compare to MGSGF and SOFT?
Verecloud's Effective Interest Rate on Debt % of 10.04% can be compared against companies in the Software 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 Software company?
A good Effective Interest Rate on Debt % depends on the Software 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 Verecloud and its competitors. Verecloud's current Effective Interest Rate on Debt % is 10.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verecloud stock overvalued right now?
Verecloud (VCLD) has a current Effective Interest Rate on Debt % of 10.04%. The current Effective Interest Rate on Debt % is 10.04%. 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 Verecloud (VCLD), the current Effective Interest Rate on Debt % is 10.04% as of Sep. 2011. 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.

Verecloud Business Description

Address 6560 South Greenwood Plaza Boulevard, Suite 400, Englewood, CO, USA, 80111
Verecloud Inc is a United States based technology company. The company created Nimbus CSB, is a cloud service brokerage platform, which connects and integrates cloud service suppliers to small and medium-size businesses (SMBs) through multiple distribution channels.