Aquarius Platinum (Aquarius Platinum) Effective Interest Rate on Debt % : 23.01% (As of Dec. 2015)

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What is Aquarius Platinum 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. Aquarius Platinum's annualized positive value of Interest Expense for the quarter that ended in Dec. 2015 was $14.7 Mil. Aquarius Platinum's average total debt for the quarter that ended in Dec. 2015 was $63.8 Mil. Therefore, Aquarius Platinum's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 was 23.01%.

Aquarius Platinum Effective Interest Rate on Debt % Historical Data

The historical data trend for Aquarius Platinum'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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Aquarius Platinum Effective Interest Rate on Debt % Chart

Aquarius Platinum Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Effective Interest Rate on Debt %

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11.19

9.57

9.49

11.20

8.35

Aquarius Platinum Semi-Annual Data
	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.18	6.83	25.52	7.77	23.01

Competitive Comparison of Aquarius Platinum's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Aquarius Platinum'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.

Aquarius Platinum's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

Aquarius Platinum Effective Interest Rate on Debt % Calculation

Aquarius Platinum'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 * -10.322	/	( (120.281	+	126.9)	/ 2 )
=	-1 * -10.322	/	123.5905
=	8.35 %

where

	Total Debt (A: Jun. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	118.919	+	1.362
=	120.281

	Total Debt (A: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.02	+	124.88
=	126.9

Aquarius Platinum's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2015 )	+	Total Debt (Q: Dec. 2015 ))	/ count )
=	-1 * -14.684	/	( (126.9	+	0.735)	/ 2 )
=	-1 * -14.684	/	63.8175
=	23.01 %

where

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.02	+	124.88
=	126.9

	Total Debt (Q: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.735	+	0
=	0.735

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

Aquarius Platinum (OTCPK:AQPTY) Effective Interest Rate on Debt % Explanation

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

Aquarius Platinum Effective Interest Rate on Debt % Related Terms

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Aquarius Platinum (Aquarius Platinum) Business Description

Industry

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Address

Website

http://www.aquariusplatinum.com

Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

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