VSST (Voice Assist) Effective Interest Rate on Debt %: 33.75% (As of Sep. 2013)


What is Voice Assist Effective Interest Rate on Debt %?

Voice Assist VSST Effective Interest Rate on Debt % is 33.75% as of Sep. 2013.

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. Voice Assist's annualized positive value of Interest Expense for the quarter that ended in Sep. 2013 was $0.19 Mil. Voice Assist's average total debt for the quarter that ended in Sep. 2013 was $0.56 Mil. Therefore, Voice Assist's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 was 33.75%.

Voice Assist  (OTCPK:VSST) Effective Interest Rate on Debt % Explanation

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

Voice Assist Effective Interest Rate on Debt % Related Terms

Voice Assist Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Voice Assist'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.

Voice Assist Effective Interest Rate on Debt % Chart

Voice Assist Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Effective Interest Rate on Debt %
0.00 2,520.00 52.29 0.28 0.00

Voice Assist Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.00 0.00 0.00 34.29 33.75

VSST vs FULO, DIRV, TOWTF: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Voice Assist'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.

Voice Assist Effective Interest Rate on Debt % vs Software Industry

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

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


Voice Assist Effective Interest Rate on Debt % Calculation

Voice Assist's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2011 )+Total Debt  (A: Dec. 2012 ))/ count )
=-1  *  -0.001/( (0+0)/ 1 )
=-1  *  -0.001/0
=N/A %

where

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

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Voice Assist's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2013 )+Total Debt  (Q: Sep. 2013 ))/ count )
=-1  *  -0.188/( (0.352+0.762)/ 2 )
=-1  *  -0.188/0.557
=33.75 %

where

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.352
=0.352

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.762
=0.762

* 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. 2013) 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 33.75% mean?
Voice Assist (VSST) has a Effective Interest Rate on Debt % of 33.75% as of Sep. 2013. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Voice Assist and its competitors.
Is Voice Assist's Effective Interest Rate on Debt % too high?
Voice Assist's current Effective Interest Rate on Debt % is 33.75%.
How does Voice Assist's Effective Interest Rate on Debt % compare to FULO and DIRV?
Voice Assist's Effective Interest Rate on Debt % of 33.75% 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 Voice Assist and its competitors. Voice Assist's current Effective Interest Rate on Debt % is 33.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voice Assist stock overvalued right now?
Voice Assist (VSST) has a current Effective Interest Rate on Debt % of 33.75%. The current Effective Interest Rate on Debt % is 33.75%. 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 Voice Assist (VSST), the current Effective Interest Rate on Debt % is 33.75% as of Sep. 2013. 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.

Voice Assist Business Description

Address Raoul Wallenberg Street 20, Tel Aviv, ISR, 6971916
Voice Assist Inc provides hosted software services used by small business clients and individual salespeople and/or mobile professionals. Its technology originally focused on the use of voice commands to text, email, tweet, post, call, retrieve messages, manage communications and interact with CRM services by allowing them to read, write to databases by voice. The company is currently considering the completion and distribution of a music composition app. In addition, the company also holds an option to purchase 3 placer gold mining claims in the Spring Valley Mining District, Pershing County, Nevada.