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

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What is Verecloud 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. 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 Effective Interest Rate on Debt % Historical Data

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.

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Verecloud Effective Interest Rate on Debt % Chart

Verecloud Annual Data

Trend

Jul08

Jul09

Jun10

Jun11

Effective Interest Rate on Debt %

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											9.92	9.73	4.28	10.21	10.04

Competitive Comparison of Verecloud's Effective Interest Rate on Debt %

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's Effective Interest Rate on Debt % Distribution in the 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.

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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

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.

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

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Verecloud Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

6560 South Greenwood Plaza Boulevard, Suite 400, Englewood, CO, USA, 80111

Website

http://www.verecloud.com

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.

Executives

Gary A Agron

10 percent owner

5445 DTC PARKWAY, SUITE 520, ENGLEWOOD CO 80111

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