Forge Group (ASX:FGE) Effective Interest Rate on Debt % : 18.57% (As of Jun. 2013)

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What is Forge Group 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. Forge Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2013 was A$5 Mil. Forge Group's average total debt for the quarter that ended in Jun. 2013 was A$26 Mil. Therefore, Forge Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 was 18.57%.

Forge Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Forge Group'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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Forge Group Effective Interest Rate on Debt % Chart

Forge Group Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Effective Interest Rate on Debt %

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11.39

11.52

9.82

16.59

18.57

Forge Group Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			11.39	11.52	9.82	16.59	18.57

Competitive Comparison of Forge Group's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Forge Group'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.

Forge Group's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Forge Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Forge Group Effective Interest Rate on Debt % Calculation

Forge Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2012 )	+	Total Debt (A: Jun. 2013 ))	/ count )
=	-1 * -4.816	/	( (26.187	+	25.686)	/ 2 )
=	-1 * -4.816	/	25.9365
=	18.57 %

where

	Total Debt (A: Jun. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.453	+	8.734
=	26.187

	Total Debt (A: Jun. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.547	+	11.139
=	25.686

Forge Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2012 )	+	Total Debt (Q: Jun. 2013 ))	/ count )
=	-1 * -4.816	/	( (26.187	+	25.686)	/ 2 )
=	-1 * -4.816	/	25.9365
=	18.57 %

where

	Total Debt (Q: Jun. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.453	+	8.734
=	26.187

	Total Debt (Q: Jun. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.547	+	11.139
=	25.686

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 one times the annual (Jun. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Forge Group (ASX:FGE) Effective Interest Rate on Debt % Explanation

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

Forge Group Effective Interest Rate on Debt % Related Terms

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Forge Group (ASX:FGE) Business Description

Industry

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Address

Website

http://www.forgegroup.com.au

Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

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