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TransGlobal Assets (TransGlobal Assets) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2011)


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What is TransGlobal Assets 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. TransGlobal Assets's annualized positive value of Interest Expense for the quarter that ended in Dec. 2011 was $0.00 Mil. TransGlobal Assets's average total debt for the quarter that ended in Dec. 2011 was $1.16 Mil. Therefore, TransGlobal Assets's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2011 was 0.00%.

TransGlobal Assets Effective Interest Rate on Debt % Historical Data

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

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Effective Interest Rate on Debt %
- 10.88 11.75 - -

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Effective Interest Rate on Debt % - 10.88 11.75 - -

Competitive Comparison of TransGlobal Assets's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, TransGlobal Assets'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.

TransGlobal Assets's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TransGlobal Assets's Effective Interest Rate on Debt % distribution charts can be found below:

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


TransGlobal Assets Effective Interest Rate on Debt % Calculation

TransGlobal Assets's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2010 )+Total Debt  (A: Dec. 2011 ))/ count )
=-1  *  0/( (1.103+1.226)/ 2 )
=-1  *  0/1.1645
=0.00 %

where

Total Debt  (A: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.103
=1.103

Total Debt  (A: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.226
=1.226

TransGlobal Assets's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2010 )+Total Debt  (Q: Dec. 2011 ))/ count )
=-1  *  0/( (1.103+1.226)/ 2 )
=-1  *  0/1.1645
=0.00 %

where

Total Debt  (Q: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.103
=1.103

Total Debt  (Q: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.226
=1.226

* 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 one times the annual (Dec. 2011) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

TransGlobal Assets  (OTCPK:TMSH) Effective Interest Rate on Debt % Explanation

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

TransGlobal Assets Effective Interest Rate on Debt % Related Terms

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TransGlobal Assets (TransGlobal Assets) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TransGlobal Assets Inc (OTCPK:TMSH) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
BOM:538597 BOM:540135 BOM:530557 BOM:530747 BOM:538423 BOM:531417 KAR:SLL WAR:WRL BOM:523062 BOM:537820 BOM:531650 BOM:526859 BOM:511728 CLDOF BOM:511577 BOM:511391 BOM:530581 WAR:DRF WAR:MRK BOM:512048
Traded in Other Exchanges
N/A
Address
810 Pony Express Road, Cheyenne, WY, USA, 82009
Website
https://www.transglobalassets.com
TransGlobal Assets Inc provides customers with a wide range of high-quality CBD & THC products from its organically grown Clones, Teens and Mothers. Its self-sustaining Hemp Ranch will be vertically integrated from acres allocated, to outdoor cultivation and indoor greenhouses, to warehouses for processing farm-grown hemp into textiles, hempcrete & plastics and processing all-natural products.