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Cross Border Resources (Cross Border Resources) Effective Interest Rate on Debt % : 5.07% (As of Mar. 2015)


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What is Cross Border Resources 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. Cross Border Resources's annualized positive value of Interest Expense for the quarter that ended in Mar. 2015 was $0.42 Mil. Cross Border Resources's average total debt for the quarter that ended in Mar. 2015 was $8.20 Mil. Therefore, Cross Border Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2015 was 5.07%.


Cross Border Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Cross Border Resources'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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Cross Border Resources Effective Interest Rate on Debt % Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 21.45 10.40 6.50 5.89 4.76

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 4.43 5.16 4.70 4.87 5.07

Competitive Comparison of Cross Border Resources's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Cross Border Resources'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.


Cross Border Resources's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cross Border Resources's Effective Interest Rate on Debt % falls into.



Cross Border Resources Effective Interest Rate on Debt % Calculation

Cross Border Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -0.486/( (12.2+8.2)/ 2 )
=-1  *  -0.486/10.2
=4.76 %

where

Cross Border Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2014 )+Total Debt  (Q: Mar. 2015 ))/ count )
=-1  *  -0.416/( (8.2+8.2)/ 2 )
=-1  *  -0.416/8.2
=5.07 %

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


Cross Border Resources  (OTCPK:XBOR) Effective Interest Rate on Debt % Explanation

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


Cross Border Resources Effective Interest Rate on Debt % Related Terms

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Cross Border Resources (Cross Border Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.
Executives
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii other: Former Chief Executive Officer P. O. BOX 5375, MIDLAND TX 79704

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