VMRI (Valmie Resources) Effective Interest Rate on Debt %: 0.00% (As of Feb. 2017)


What is Valmie Resources Effective Interest Rate on Debt %?

Valmie Resources VMRI -99.00% Effective Interest Rate on Debt % is 0.00% as of Feb. 2017.

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. Valmie Resources's annualized positive value of Interest Expense for the quarter that ended in Feb. 2017 was $0.00 Mil. Valmie Resources's average total debt for the quarter that ended in Feb. 2017 was $0.00 Mil. Therefore, Valmie Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2017 was N/A%.

Valmie Resources  (OTCPK:VMRI) Effective Interest Rate on Debt % Explanation

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

Valmie Resources Effective Interest Rate on Debt % Related Terms

Valmie Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Effective Interest Rate on Debt % Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 11.38

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 12.58 23.43 0.00 0.00 0.00

VMRI vs CRTG, SFIV, ITOX: Effective Interest Rate on Debt % Comparison

For the Computer Hardware subindustry, Valmie Resources'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.

Valmie Resources Effective Interest Rate on Debt % vs Hardware Industry

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

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


Valmie Resources Effective Interest Rate on Debt % Calculation

Valmie Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2015 )+Total Debt  (A: Nov. 2016 ))/ count )
=-1  *  -0.014/( (0.123+0)/ 1 )
=-1  *  -0.014/0.123
=11.38 %

where

Total Debt  (A: Nov. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.105 + 0.018
=0.123

Total Debt  (A: Nov. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Valmie Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2016 )+Total Debt  (Q: Feb. 2017 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (Q: Nov. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Feb. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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 (Feb. 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 0.00% mean?
Valmie Resources (VMRI) has a Effective Interest Rate on Debt % of 0.00% as of Feb. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' Effective Interest Rate on Debt % too high?
Valmie Resources' current Effective Interest Rate on Debt % is 0.00%.
How does Valmie Resources' Effective Interest Rate on Debt % compare to CRTG and SFIV?
Valmie Resources' Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Hardware 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 Hardware company?
A good Effective Interest Rate on Debt % depends on the Hardware 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 Valmie Resources and its competitors. Valmie Resources's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 Valmie Resources (VMRI), the current Effective Interest Rate on Debt % is 0.00% as of Feb. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.