VTMB (Vitamin Blue) Effective Interest Rate on Debt %: 26.89% (As of Sep. 2013)


What is Vitamin Blue Effective Interest Rate on Debt %?

Vitamin Blue VTMB -99.00% Effective Interest Rate on Debt % is 26.89% 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. Vitamin Blue's annualized positive value of Interest Expense for the quarter that ended in Sep. 2013 was $0.08 Mil. Vitamin Blue's average total debt for the quarter that ended in Sep. 2013 was $0.30 Mil. Therefore, Vitamin Blue's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 was 26.89%.

Vitamin Blue  (OTCPK:VTMB) Effective Interest Rate on Debt % Explanation

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

Vitamin Blue Effective Interest Rate on Debt % Related Terms

Vitamin Blue Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Vitamin Blue'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.

Vitamin Blue Effective Interest Rate on Debt % Chart

Vitamin Blue Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Effective Interest Rate on Debt %
8.18 10.91 43.08 48.11 40.42

Vitamin Blue Quarterly Data
Dec08 Dec09 Mar10 Jun10 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 25.60 41.19 35.05 281.27 26.89

VTMB vs GBBT, BWMG, SCRH: Effective Interest Rate on Debt % Comparison

For the Leisure subindustry, Vitamin Blue'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.

Vitamin Blue Effective Interest Rate on Debt % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vitamin Blue's Effective Interest Rate on Debt % distribution charts can be found below:

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


Vitamin Blue Effective Interest Rate on Debt % Calculation

Vitamin Blue'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  *  -0.096/( (0.22+0.255)/ 2 )
=-1  *  -0.096/0.2375
=40.42 %

where

Total Debt  (A: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.22
=0.22

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.255
=0.255

Vitamin Blue'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  *  -0.08/( (0.296+0.299)/ 2 )
=-1  *  -0.08/0.2975
=26.89 %

where

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.296
=0.296

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.299
=0.299

* 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 26.89% mean?
Vitamin Blue (VTMB) has a Effective Interest Rate on Debt % of 26.89% as of Sep. 2013. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Vitamin Blue and its competitors.
Is Vitamin Blue's Effective Interest Rate on Debt % too high?
Vitamin Blue's current Effective Interest Rate on Debt % is 26.89%.
How does Vitamin Blue's Effective Interest Rate on Debt % compare to GBBT and BWMG?
Vitamin Blue's Effective Interest Rate on Debt % of 26.89% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Effective Interest Rate on Debt % depends on the Travel & Leisure 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 Vitamin Blue and its competitors. Vitamin Blue's current Effective Interest Rate on Debt % is 26.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitamin Blue stock overvalued right now?
Vitamin Blue (VTMB) has a current Effective Interest Rate on Debt % of 26.89%. The current Effective Interest Rate on Debt % is 26.89%. 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 Vitamin Blue (VTMB), the current Effective Interest Rate on Debt % is 26.89% 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.

Vitamin Blue Business Description

Address 1005 West 18th Street, Costa Mesa, CA, USA, 92627
Vitamin Blue Inc is an innovative water boardsports company based in Costa Mesa, California. It designs, manufactures and distributes water boardsports wear (boardshorts and t-shirts) and accessories (board bags, paddle bags and rack pads). The company is focused on becoming a water boardsports brand of long-term excellence through its commitment to exceeding its customers' expectations by producing products of the highest quality and athletic performance. It is an authentic source for unique, functional and diverse water boardsports products.