Bowen Coking Coal (ASX:BCB) Effective Interest Rate on Debt %: 43.97% (As of Dec. 2024)


What is Bowen Coking Coal Effective Interest Rate on Debt %?

Bowen Coking Coal ASX:BCB Effective Interest Rate on Debt % is 43.97% as of Dec. 2024.

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. Bowen Coking Coal's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$63.5 Mil. Bowen Coking Coal's average total debt for the quarter that ended in Dec. 2024 was A$144.5 Mil. Therefore, Bowen Coking Coal's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 43.97%.

Bowen Coking Coal  (ASX:BCB) Effective Interest Rate on Debt % Explanation

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

Bowen Coking Coal Effective Interest Rate on Debt % Related Terms

Bowen Coking Coal Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Bowen Coking Coal'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.

Bowen Coking Coal Effective Interest Rate on Debt % Chart

Bowen Coking Coal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.08 3.44 24.96 29.13

Bowen Coking Coal Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 19.61 18.41 26.35 32.99 43.97

ASX:BCB vs HCC, AMR, METC: Effective Interest Rate on Debt % Comparison

For the Coking Coal subindustry, Bowen Coking Coal'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.

Bowen Coking Coal Effective Interest Rate on Debt % vs Steel Industry

For the Steel industry and Basic Materials sector, Bowen Coking Coal's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bowen Coking Coal's Effective Interest Rate on Debt % falls into.


Bowen Coking Coal Effective Interest Rate on Debt % Calculation

Bowen Coking Coal's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -46.324/( (159.274+158.784)/ 2 )
=-1  *  -46.324/159.029
=29.13 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.302 + 130.972
=159.274

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=108.81 + 49.974
=158.784

Bowen Coking Coal's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -63.536/( (158.784+130.225)/ 2 )
=-1  *  -63.536/144.5045
=43.97 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=108.81 + 49.974
=158.784

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=101.433 + 28.792
=130.225

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 43.97% mean?
Bowen Coking Coal (ASX:BCB) has a Effective Interest Rate on Debt % of 43.97% as of Dec. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bowen Coking Coal and its competitors.
Is Bowen Coking Coal's Effective Interest Rate on Debt % too high?
Bowen Coking Coal's current Effective Interest Rate on Debt % is 43.97%.
How does Bowen Coking Coal's Effective Interest Rate on Debt % compare to HCC and AMR?
Bowen Coking Coal's Effective Interest Rate on Debt % of 43.97% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Steel company?
A good Effective Interest Rate on Debt % depends on the Steel industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bowen Coking Coal and its competitors. Bowen Coking Coal's current Effective Interest Rate on Debt % is 43.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowen Coking Coal stock overvalued right now?
Bowen Coking Coal (ASX:BCB) has a current Effective Interest Rate on Debt % of 43.97%. The current Effective Interest Rate on Debt % is 43.97%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Bowen Coking Coal (ASX:BCB), the current Effective Interest Rate on Debt % is 43.97% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bowen Coking Coal Business Description

Address 167 Eagle Street, Level 4, Brisbane, QLD, AUS, 4000
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.