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Greenvale Energy (Greenvale Energy) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Greenvale 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. Greenvale Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Greenvale Energy's average total debt for the quarter that ended in Dec. 2023 was $2.42 Mil. Therefore, Greenvale Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Greenvale Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Greenvale 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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Greenvale Energy Effective Interest Rate on Debt % Chart

Greenvale Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 16.28

Greenvale Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.25 - 8.57 32.12 -

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

For the Oil & Gas E&P subindustry, Greenvale 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.


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

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

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



Greenvale Energy Effective Interest Rate on Debt % Calculation

Greenvale Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.215/( (0.071+2.571)/ 2 )
=-1  *  -0.215/1.321
=16.28 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.046 + 0.025
=0.071

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.02 + 2.551
=2.571

Greenvale Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (2.571+2.259)/ 2 )
=-1  *  0/2.415
=0.00 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.02 + 2.551
=2.571

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.02 + 2.239
=2.259

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Greenvale Energy  (OTCPK:GVLMF) Effective Interest Rate on Debt % Explanation

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


Greenvale Energy Effective Interest Rate on Debt % Related Terms

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Greenvale Energy (Greenvale Energy) Business Description

Industry
Traded in Other Exchanges
Address
189 Kent Street, Suite 6, Level 5, Sydney, NSW, AUS, 2000
Greenvale Energy Ltd is engaged in exploring minerals development properties. Its projects include the Alpha Torbanite Project in Queensland and the Geothermal Projects, located in the Millungera Basin and Longreach, Queensland. The company is managed based on its development and exploration of the group's mineral interests in the geographical region of Queensland and its corporate activities in Australia. Majority of the company's revenue is generated from Corporate segment.

Greenvale Energy (Greenvale Energy) Headlines