Australian Zircon NL (ASX:AZCCA) Effective Interest Rate on Debt % : 5.22% (As of Jun. 2015)

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What is Australian Zircon NL 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. Australian Zircon NL's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was A$5.44 Mil. Australian Zircon NL's average total debt for the quarter that ended in Jun. 2015 was A$104.21 Mil. Therefore, Australian Zircon NL's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was 5.22%.

Australian Zircon NL Effective Interest Rate on Debt % Historical Data

The historical data trend for Australian Zircon NL'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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Australian Zircon NL Effective Interest Rate on Debt % Chart

Australian Zircon NL Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Effective Interest Rate on Debt %

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5.91

5.54

8.05

7.63

5.50

Australian Zircon NL Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Jun10	Jun11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.26	5.31	9.76	5.72	5.22

Competitive Comparison of Australian Zircon NL's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.

Australian Zircon NL's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Australian Zircon NL's Effective Interest Rate on Debt % distribution charts can be found below:

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

Australian Zircon NL Effective Interest Rate on Debt % Calculation

Australian Zircon NL'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 * -5.51	/	( (93.594	+	106.864)	/ 2 )
=	-1 * -5.51	/	100.229
=	5.50 %

where

	Total Debt (A: Jun. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	93.594
=	93.594

	Total Debt (A: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	106.864
=	106.864

Australian Zircon NL'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: Dec. 2014 )	+	Total Debt (Q: Jun. 2015 ))	/ count )
=	-1 * -5.438	/	( (101.565	+	106.864)	/ 2 )
=	-1 * -5.438	/	104.2145
=	5.22 %

where

	Total Debt (Q: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	101.565
=	101.565

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	106.864
=	106.864

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 two times the semi-annual (Jun. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Australian Zircon NL (ASX:AZCCA) Effective Interest Rate on Debt % Explanation

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

Australian Zircon NL Effective Interest Rate on Debt % Related Terms

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Australian Zircon NL (ASX:AZCCA) Business Description

Industry

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Address

Website

http://www.auzircon.com.au

Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

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