SheerVision (SheerVision) Effective Interest Rate on Debt % : 4.35% (As of May. 2010)

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What is SheerVision 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. SheerVision's annualized positive value of Interest Expense for the quarter that ended in May. 2010 was $0.00 Mil. SheerVision's average total debt for the quarter that ended in May. 2010 was $0.09 Mil. Therefore, SheerVision's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2010 was 4.35%.

SheerVision Effective Interest Rate on Debt % Historical Data

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

SheerVision Annual Data

Trend

Jun00

Jun01

Jun02

Jun03

Jun04

Jun05

Aug06

Aug07

Aug08

Aug09

Effective Interest Rate on Debt %

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7.79

SheerVision Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.67	10.67	10.67	9.64	4.35

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

For the Medical Instruments & Supplies subindustry, SheerVision'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.

SheerVision's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SheerVision's Effective Interest Rate on Debt % distribution charts can be found below:

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

SheerVision Effective Interest Rate on Debt % Calculation

SheerVision's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2009 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2008 )	+	Total Debt (A: Aug. 2009 ))	/ count )
=	-1 * -0.009	/	( (0.156	+	0.075)	/ 2 )
=	-1 * -0.009	/	0.1155
=	7.79 %

where

	Total Debt (A: Aug. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.156
=	0.156

	Total Debt (A: Aug. 2009 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.075
=	0.075

SheerVision's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2010 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2010 )	+	Total Debt (Q: May. 2010 ))	/ count )
=	-1 * -0.004	/	( (0.091	+	0.093)	/ 2 )
=	-1 * -0.004	/	0.092
=	4.35 %

where

	Total Debt (Q: Feb. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.091
=	0.091

	Total Debt (Q: May. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.093
=	0.093

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. 2010) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SheerVision (OTCPK:SVSO) Effective Interest Rate on Debt % Explanation

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

SheerVision Effective Interest Rate on Debt % Related Terms

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SheerVision (SheerVision) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » SheerVision Inc (OTCPK:SVSO) » Definitions » Effective Interest Rate on Debt %

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Address

4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274

Website

http://www.sheervision.com

SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.

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