Viskase (Viskase) Effective Interest Rate on Debt % : 7.24% (As of Sep. 2023)

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What is Viskase 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. Viskase's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $12.1 Mil. Viskase's average total debt for the quarter that ended in Sep. 2023 was $167.1 Mil. Therefore, Viskase's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 7.24%.

Viskase Effective Interest Rate on Debt % Historical Data

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

Viskase Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

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5.64

4.60

4.71

4.89

5.77

Viskase Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Sep22	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.03	6.02	6.13	3.29	7.24

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

For the Packaging & Containers subindustry, Viskase'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.

Viskase's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase's Effective Interest Rate on Debt % distribution charts can be found below:

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

Viskase Effective Interest Rate on Debt % Calculation

Viskase's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -15.821	/	( (276.156	+	272.576)	/ 2 )
=	-1 * -15.821	/	274.366
=	5.77 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	270.901	+	5.255
=	276.156

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	267.417	+	5.159
=	272.576

Viskase's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -12.092	/	( (0	+	167.118)	/ 1 )
=	-1 * -12.092	/	167.118
=	7.24 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	132.239	+	34.879
=	167.118

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Viskase (OTCPK:VKSC) Effective Interest Rate on Debt % Explanation

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

Viskase Effective Interest Rate on Debt % Related Terms

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Viskase (Viskase) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Viskase Companies Inc (OTCPK:VKSC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679

Website

https://www.viskase.com

Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

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