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H.E.R.C. Products (H.E.R.C. Products) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2004)


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What is H.E.R.C. Products 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. H.E.R.C. Products's annualized positive value of Interest Expense for the quarter that ended in Jun. 2004 was $0.00 Mil. H.E.R.C. Products's average total debt for the quarter that ended in Jun. 2004 was $0.68 Mil. Therefore, H.E.R.C. Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2004 was 0.00%.


H.E.R.C. Products Effective Interest Rate on Debt % Historical Data

The historical data trend for H.E.R.C. Products'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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H.E.R.C. Products Effective Interest Rate on Debt % Chart

H.E.R.C. Products Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Effective Interest Rate on Debt %
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H.E.R.C. Products Quarterly Data
Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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Competitive Comparison of H.E.R.C. Products's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, H.E.R.C. Products'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.


H.E.R.C. Products's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.E.R.C. Products's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where H.E.R.C. Products's Effective Interest Rate on Debt % falls into.



H.E.R.C. Products Effective Interest Rate on Debt % Calculation

H.E.R.C. Products's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2003 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2002 )+Total Debt  (A: Dec. 2003 ))/ count )
=-1  *  0/( (0.013+0.58)/ 2 )
=-1  *  0/0.2965
=0.00 %

where

H.E.R.C. Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2004 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2004 )+Total Debt  (Q: Jun. 2004 ))/ count )
=-1  *  0/( (0.699+0.661)/ 2 )
=-1  *  0/0.68
=0.00 %

where

Total Debt  (Q: Mar. 2004 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.2 + 0.499
=0.699

Total Debt  (Q: Jun. 2004 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.564 + 0.097
=0.661

* 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. 2004) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


H.E.R.C. Products  (OTCPK:HERC) Effective Interest Rate on Debt % Explanation

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


H.E.R.C. Products Effective Interest Rate on Debt % Related Terms

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H.E.R.C. Products (H.E.R.C. Products) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1420 Columbus Avenue, Portsmouth, VA, USA, 23704
Executives
Robert W Affholder director
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704

H.E.R.C. Products (H.E.R.C. Products) Headlines