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Xtera Communications (Xtera Communications) Effective Interest Rate on Debt % : 21.20% (As of Jun. 2016)


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What is Xtera Communications 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. Xtera Communications's annualized positive value of Interest Expense for the quarter that ended in Jun. 2016 was $2.86 Mil. Xtera Communications's average total debt for the quarter that ended in Jun. 2016 was $13.49 Mil. Therefore, Xtera Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 was 21.20%.


Xtera Communications Effective Interest Rate on Debt % Historical Data

The historical data trend for Xtera Communications'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.

* Premium members only.

Xtera Communications Effective Interest Rate on Debt % Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Effective Interest Rate on Debt %
8.69 12.11 14.49

Xtera Communications Quarterly Data
Sep13 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.80 33.98 13.42 10.91 21.20

Competitive Comparison of Xtera Communications's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Xtera Communications'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.


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

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

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



Xtera Communications Effective Interest Rate on Debt % Calculation

Xtera Communications's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2014 )+Total Debt  (A: Sep. 2015 ))/ count )
=-1  *  -3.8/( (39.611+12.84)/ 2 )
=-1  *  -3.8/26.2255
=14.49 %

where

Total Debt  (A: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.129 + 33.482
=39.611

Total Debt  (A: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.133 + 10.707
=12.84

Xtera Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2016 )+Total Debt  (Q: Jun. 2016 ))/ count )
=-1  *  -2.86/( (14.878+12.103)/ 2 )
=-1  *  -2.86/13.4905
=21.20 %

where

Total Debt  (Q: Mar. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 14.878
=14.878

Total Debt  (Q: Jun. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 12.103
=12.103

* 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 (Jun. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Xtera Communications  (OTCPK:XCOMQ) Effective Interest Rate on Debt % Explanation

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


Xtera Communications Effective Interest Rate on Debt % Related Terms

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Xtera Communications (Xtera Communications) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.
Executives
Arch Venture Partners Vi Llc 10 percent owner C/O ARCH VENTURE PARTNERS, 8725 W. HIGGINS RD. #290, CHICAGO IL 60631
Keith Crandell 10 percent owner 8755 W. HIGGINS ROAD, SUITE 1025, CHICAGO IL 60631
Robert Nelsen 10 percent owner 8755 W. HIGGINS ROAD, SUITE 1025, CHICAGO IL 60631
Clinton Bybee director, 10 percent owner 8755 W. HIGGINS ROAD, SUITE 1025, CHICAGO IL 60631
Arch Venture Partners Vi Lp 10 percent owner C/O ARCH VENTURE PARTNERS, 8755 W. HIGGINS RD #1025, CHICAGO IL 60631
Arch Venture Fund Vi Lp 10 percent owner 8755 W HIGGINS RD, STE 1025, CHICAGO IL 60631
Peter J Barris 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
New Enterprise Associates 9 L P 10 percent owner 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Nea Partners 9 L P 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Wellcome Trust Ltd 10 percent owner 215 EUSTON ROAD LONDON X0 NW1 2BE
John Mclaren director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Barry A Fromberg director DEAN FOODS COMPANY, 2515 MCKINNEY AVENUE, SUITE 1200, DALLAS TX 75201
Clifford H Higgerson director 525 UNIVERSITY AVENUE, SUITE 600, PALO ALTO CA 94301
Joseph R Chinnici officer: EVP, CFO, Secretary 1201 WINTERSON ROAD, LINTHICUM MD 21090
Kevin J Martin director ONE RIVERFRONT PLAZA, CORNING NY 14831

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