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Wegener (Wegener) Effective Interest Rate on Debt % : 8.75% (As of May. 2012)


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What is Wegener 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. Wegener's annualized positive value of Interest Expense for the quarter that ended in May. 2012 was $0.37 Mil. Wegener's average total debt for the quarter that ended in May. 2012 was $4.25 Mil. Therefore, Wegener's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2012 was 8.75%.


Wegener Effective Interest Rate on Debt % Historical Data

The historical data trend for Wegener'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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Wegener Effective Interest Rate on Debt % Chart

Wegener Annual Data
Trend Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.51 14.20

Wegener Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12
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 9.22 8.38 8.75 8.19 8.75

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

For the Communication Equipment subindustry, Wegener'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.


Wegener's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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



Wegener Effective Interest Rate on Debt % Calculation

Wegener's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2009 )+Total Debt  (A: Aug. 2010 ))/ count )
=-1  *  -0.472/( (2.799+3.85)/ 2 )
=-1  *  -0.472/3.3245
=14.20 %

where

Wegener's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2012 )+Total Debt  (Q: May. 2012 ))/ count )
=-1  *  -0.372/( (4.25+4.25)/ 2 )
=-1  *  -0.372/4.25
=8.75 %

where

* 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 (May. 2012) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Wegener  (OTCPK:WGNR) Effective Interest Rate on Debt % Explanation

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


Wegener Effective Interest Rate on Debt % Related Terms

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Wegener (Wegener) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wegener Corp (OTCPK:WGNR) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
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Address
930 Interstate Ridge Drive, Suite A, Gainesville, GA, USA, 30501
Wegener Corp is engaged in Manufacturing and sale of electronic products and systems primarily for the radio broadcast market and digital signage market. Its product line includes iPump media servers, digital signage applications, and audio and data networks.
Executives
David W Wright director

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