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Gordon Creek Energy (FRA:M2Y1) Effective Interest Rate on Debt % : 15.65% (As of Oct. 2015)


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What is Gordon Creek Energy 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. Gordon Creek Energy's annualized positive value of Interest Expense for the quarter that ended in Oct. 2015 was €1.96 Mil. Gordon Creek Energy's average total debt for the quarter that ended in Oct. 2015 was €12.55 Mil. Therefore, Gordon Creek Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2015 was 15.65%.


Gordon Creek Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Gordon Creek Energy'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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Gordon Creek Energy Effective Interest Rate on Debt % Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.56 20.90 17.49 12.16 14.28

Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 15.12 12.67 11.67 10.35 15.65

Competitive Comparison of Gordon Creek Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Gordon Creek Energy'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.


Gordon Creek Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gordon Creek Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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



Gordon Creek Energy Effective Interest Rate on Debt % Calculation

Gordon Creek Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2014 )+Total Debt  (A: Jan. 2015 ))/ count )
=-1  *  -0.986/( (6.709+7.103)/ 2 )
=-1  *  -0.986/6.906
=14.28 %

where

Gordon Creek Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2015 )+Total Debt  (Q: Oct. 2015 ))/ count )
=-1  *  -1.964/( (12.707+12.396)/ 2 )
=-1  *  -1.964/12.5515
=15.65 %

where

Total Debt  (Q: Jul. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.086 + 9.621
=12.707

Total Debt  (Q: Oct. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.048 + 9.348
=12.396

* 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 (Oct. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Gordon Creek Energy  (FRA:M2Y1) Effective Interest Rate on Debt % Explanation

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


Gordon Creek Energy Effective Interest Rate on Debt % Related Terms

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Gordon Creek Energy (FRA:M2Y1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

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