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Omega Protein (Omega Protein) Effective Interest Rate on Debt % : 13.90% (As of Sep. 2017)


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What is Omega Protein 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. Omega Protein's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was $0.2 Mil. Omega Protein's average total debt for the quarter that ended in Sep. 2017 was $1.4 Mil. Therefore, Omega Protein's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 13.90%.


Omega Protein Effective Interest Rate on Debt % Historical Data

The historical data trend for Omega Protein'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.

Omega Protein Effective Interest Rate on Debt % Chart

Omega Protein Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 6.33 4.48 5.05 3.29

Omega Protein Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 7.83 3.53 25.55 17.33 13.90

Competitive Comparison of Omega Protein's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Omega Protein'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.


Omega Protein's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Omega Protein's Effective Interest Rate on Debt % distribution charts can be found below:

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



Omega Protein Effective Interest Rate on Debt % Calculation

Omega Protein's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -0.414/( (24.096+1.097)/ 2 )
=-1  *  -0.414/12.5965
=3.29 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22.882 + 1.214
=24.096

Omega Protein's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2017 )+Total Debt  (Q: Sep. 2017 ))/ count )
=-1  *  -0.196/( (1.884+0.936)/ 2 )
=-1  *  -0.196/1.41
=13.90 %

where

* 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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Omega Protein  (NYSE:OME) Effective Interest Rate on Debt % Explanation

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


Omega Protein Effective Interest Rate on Debt % Related Terms

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Omega Protein (Omega Protein) Business Description

Traded in Other Exchanges
N/A
Address
Omega Protein Corp is a nutritional ingredient company. It develops, produces and delivers healthy products throughout the world to improve nutritional integrity of foods, dietary supplements and animal feeds.
Executives
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
David H Clarke director 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Mark A Livingston officer: VP & Chief Accounting Officer 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Andrew Johannesen officer: Executive VP and CFO 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Nicodemus Harry O Iv director 5051 WESTHEIMER, SUITE 725, HOUSTON TX 77056
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Harbinger Group Inc. 10 percent owner 3001 DEMING WAY, MIDDLETON WI 53562
Leonard Disalvo director 100 MERIDIAN CENTRE, SUITE 350, ROCHESTER NY 14614

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