Australian Oil & Gas (Australian Oil & Gas) Effective Interest Rate on Debt % : 0.86% (As of Mar. 2012)

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What is Australian Oil & Gas 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 Oil & Gas's annualized positive value of Interest Expense for the quarter that ended in Mar. 2012 was $0.01 Mil. Australian Oil & Gas's average total debt for the quarter that ended in Mar. 2012 was $0.93 Mil. Therefore, Australian Oil & Gas's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2012 was 0.86%.

Australian Oil & Gas Effective Interest Rate on Debt % Historical Data

The historical data trend for Australian Oil & Gas'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 Oil & Gas Effective Interest Rate on Debt % Chart

Australian Oil & Gas Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Effective Interest Rate on Debt %

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5.57

3.88

9.84

7.00

Australian Oil & Gas Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															12.43	3.74	-	-	0.86

Competitive Comparison of Australian Oil & Gas's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Australian Oil & Gas'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 Oil & Gas's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Australian Oil & Gas's Effective Interest Rate on Debt % falls into.

Australian Oil & Gas Effective Interest Rate on Debt % Calculation

Australian Oil & Gas'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 * -0.024	/	( (0.343	+	0)	/ 1 )
=	-1 * -0.024	/	0.343
=	7.00 %

where

	Total Debt (A: Dec. 2010 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.343	+	0
=	0.343

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

Australian Oil & Gas's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2012 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2011 )	+	Total Debt (Q: Mar. 2012 ))	/ count )
=	-1 * -0.008	/	( (0	+	0.926)	/ 1 )
=	-1 * -0.008	/	0.926
=	0.86 %

where

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

	Total Debt (Q: Mar. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.926
=	0.926

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. 2012) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Australian Oil & Gas (OTCPK:AOGC) Effective Interest Rate on Debt % Explanation

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

Australian Oil & Gas Effective Interest Rate on Debt % Related Terms

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Australian Oil & Gas (Australian Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Australian Oil & Gas Corp (OTCPK:AOGC) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.

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