China TMK Battery Systems (China TMK Battery Systems) Effective Interest Rate on Debt % : 7.27% (As of Sep. 2011)

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What is China TMK Battery Systems 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. China TMK Battery Systems's annualized positive value of Interest Expense for the quarter that ended in Sep. 2011 was $2.10 Mil. China TMK Battery Systems's average total debt for the quarter that ended in Sep. 2011 was $28.88 Mil. Therefore, China TMK Battery Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2011 was 7.27%.

China TMK Battery Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for China TMK Battery Systems'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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China TMK Battery Systems Effective Interest Rate on Debt % Chart

China TMK Battery Systems Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Dec10

Effective Interest Rate on Debt %

4.76

10.06

China TMK Battery Systems Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.67	4.75	6.03	6.49	7.27

Competitive Comparison of China TMK Battery Systems's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, China TMK Battery Systems'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.

China TMK Battery Systems's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China TMK Battery Systems's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China TMK Battery Systems's Effective Interest Rate on Debt % falls into.

China TMK Battery Systems Effective Interest Rate on Debt % Calculation

China TMK Battery Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2010 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2009 )	+	Total Debt (A: Dec. 2010 ))	/ count )
=	-1 * -1.035	/	( (0.126	+	20.441)	/ 2 )
=	-1 * -1.035	/	10.2835
=	10.06 %

where

	Total Debt (A: Sep. 2009 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.065	+	0.061
=	0.126

	Total Debt (A: Dec. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.71	+	7.731
=	20.441

China TMK Battery Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2011 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2011 )	+	Total Debt (Q: Sep. 2011 ))	/ count )
=	-1 * -2.1	/	( (28.743	+	29.009)	/ 2 )
=	-1 * -2.1	/	28.876
=	7.27 %

where

	Total Debt (Q: Jun. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.733	+	8.01
=	28.743

	Total Debt (Q: Sep. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.688	+	15.321
=	29.009

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. 2011) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

China TMK Battery Systems (OTCPK:DFEL) Effective Interest Rate on Debt % Explanation

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

China TMK Battery Systems Effective Interest Rate on Debt % Related Terms

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China TMK Battery Systems (China TMK Battery Systems) Business Description

Industry

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Traded in Other Exchanges

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Address

Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390

Website

https://www.tmk-battery.com

China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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