Riviera Tool Co (Riviera Tool Co) Effective Interest Rate on Debt % : 0.00% (As of Nov. 2006)

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What is Riviera Tool Co 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. Riviera Tool Co's annualized positive value of Interest Expense for the quarter that ended in Nov. 2006 was $0.00 Mil. Riviera Tool Co's average total debt for the quarter that ended in Nov. 2006 was $12.72 Mil. Therefore, Riviera Tool Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2006 was 0.00%.

Riviera Tool Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Riviera Tool Co'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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Riviera Tool Co Effective Interest Rate on Debt % Chart

Riviera Tool Co Annual Data

Trend

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Effective Interest Rate on Debt %

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Riviera Tool Co Quarterly Data
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Competitive Comparison of Riviera Tool Co's Effective Interest Rate on Debt %

For the Metal Fabrication subindustry, Riviera Tool Co'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.

Riviera Tool Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riviera Tool Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Riviera Tool Co Effective Interest Rate on Debt % Calculation

Riviera Tool Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2006 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2005 )	+	Total Debt (A: Aug. 2006 ))	/ count )
=	-1 * 0	/	( (12.158	+	12.76)	/ 2 )
=	-1 * 0	/	12.459
=	0.00 %

where

	Total Debt (A: Aug. 2005 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.87	+	3.288
=	12.158

	Total Debt (A: Aug. 2006 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.002	+	1.758
=	12.76

Riviera Tool Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2006 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2006 )	+	Total Debt (Q: Nov. 2006 ))	/ count )
=	-1 * 0	/	( (12.76	+	12.675)	/ 2 )
=	-1 * 0	/	12.7175
=	0.00 %

where

	Total Debt (Q: Aug. 2006 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.002	+	1.758
=	12.76

	Total Debt (Q: Nov. 2006 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.791	+	2.884
=	12.675

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 (Nov. 2006) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Riviera Tool Co (OTCPK:RIVT) Effective Interest Rate on Debt % Explanation

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

Riviera Tool Co Effective Interest Rate on Debt % Related Terms

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Riviera Tool Co (Riviera Tool Co) Business Description

Industry

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Address

5460 Executive Parkway S.E., Grand Rapids, MI, USA, 49512

Website

http://www.rivieratool.com

Riviera Tool Co designs and manufactures large stamping die systems used to form sheet metal parts. These systems are used by automobile manufacturers to produce automobile and truck body parts such as roofs, hoods, fenders, doors, door frames, structural components, and bumpers. The company's customers include major automobile manufacturers.

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