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Enherent (Enherent) Effective Interest Rate on Debt % : 14.02% (As of Sep. 2010)


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What is Enherent 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. Enherent's annualized positive value of Interest Expense for the quarter that ended in Sep. 2010 was $0.52 Mil. Enherent's average total debt for the quarter that ended in Sep. 2010 was $3.71 Mil. Therefore, Enherent's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2010 was 14.02%.


Enherent Effective Interest Rate on Debt % Historical Data

The historical data trend for Enherent'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.

Enherent Effective Interest Rate on Debt % Chart

Enherent Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 9.72 10.80

Enherent Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.20 12.75 14.05 13.93 14.02

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

For the Information Technology Services subindustry, Enherent'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.


Enherent's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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



Enherent Effective Interest Rate on Debt % Calculation

Enherent's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2009 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2008 )+Total Debt  (A: Dec. 2009 ))/ count )
=-1  *  -0.462/( (4.977+3.578)/ 2 )
=-1  *  -0.462/4.2775
=10.80 %

where

Total Debt  (A: Dec. 2008 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.958 + 3.019
=4.977

Total Debt  (A: Dec. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.165 + 2.413
=3.578

Enherent's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2010 )+Total Debt  (Q: Sep. 2010 ))/ count )
=-1  *  -0.52/( (4.04+3.38)/ 2 )
=-1  *  -0.52/3.71
=14.02 %

where

Total Debt  (Q: Sep. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.457 + 2.923
=3.38

* 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 (Sep. 2010) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Enherent  (OTCPK:ENHT) Effective Interest Rate on Debt % Explanation

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


Enherent Effective Interest Rate on Debt % Related Terms

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Enherent (Enherent) Business Description

Industry
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Traded in Other Exchanges
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Address
6800 Jericho Turnpike, Suite 116E, Syosset, NY, USA, 11791
Enherent Corp is an information technology company. It provides consulting services and solutions firm, committed to delivering solutions with tangible business results to the enterprise, mid-market, and government clients. The company specializes in System Development and Infrastructure Services and Solutions. Enherent provides services throughout the east coast with a concentration in the New York, New Jersey, Connecticut and Washington D.C.
Executives
Faith Griffin director 192 LEXINGTON AVENUE, NEW YORK NY 10016
Lori Lynn Stanley officer: Secretary and General Counsel 192 LEXINGTON AVENUE NEW YORK NY 10016
Tudor Investment Corp Et Al 10 percent owner 200 ELM STREET, STAMFORD CT 06901
Jones Paul Tudor Ii other: Chairman of Tudor C/O TUDOR INVESTMENT CORP, 1275 KING ST, GREENWICH CT 06831
James J Pallotta other: Member of Group C/O RAPTOR CAPITAL MANAGEMENT LP, 280 CONGRESS, 12TH FLOOR, BOSTON MA 02210
Karl Brenza officer: Chief Financial Officer 26 CHERRY STREET, KATONAH NY 10536

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