Connexus (Connexus) Effective Interest Rate on Debt % : 12.22% (As of Jun. 2015)

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What is Connexus 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. Connexus's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was $0.09 Mil. Connexus's average total debt for the quarter that ended in Jun. 2015 was $0.72 Mil. Therefore, Connexus's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was 12.22%.

Connexus Effective Interest Rate on Debt % Historical Data

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

Connexus Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Effective Interest Rate on Debt %

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15.72

160.00

112.57

87.11

46.75

Connexus Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-19.14	53.91	40.80	66.13	12.22

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

For the Capital Markets subindustry, Connexus'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.

Connexus's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Connexus's Effective Interest Rate on Debt % distribution charts can be found below:

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

Connexus Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2014 )	+	Total Debt (A: Jun. 2015 ))	/ count )
=	-1 * -0.302	/	( (0.645	+	0.647)	/ 2 )
=	-1 * -0.302	/	0.646
=	46.75 %

where

	Total Debt (A: Jun. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.645
=	0.645

	Total Debt (A: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.012	+	0.635
=	0.647

Connexus's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2015 )	+	Total Debt (Q: Jun. 2015 ))	/ count )
=	-1 * -0.088	/	( (0.793	+	0.647)	/ 2 )
=	-1 * -0.088	/	0.72
=	12.22 %

where

	Total Debt (Q: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.793
=	0.793

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.012	+	0.635
=	0.647

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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Connexus (OTCPK:CNXS) Effective Interest Rate on Debt % Explanation

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

Connexus Effective Interest Rate on Debt % Related Terms

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Connexus (Connexus) Business Description

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Traded in Other Exchanges

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Address

211 Greenwood Avenue, Bethel, CT, USA, 06801

Website

http://www.conexusco.com

Connexus Corporation is a U.S based company focusing on providing bitcoin solutions to consumers in the United States through Bitcoin Automated Teller Machines (Bitcoin ATMs). It owns Bitcoin ATMs which are located in Las Vegas, Nevada at the LINQ Hotel and Casino, Sin City Vape, One Kicks Gym, and McFadden's Restaurant and Saloon. Through its Bitcoin ATMs, it intends to generate revenue from transaction fees charged to consumers who purchase or sell bitcoin using the machine.

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