Jacka Resources (ASX:JKA) Effective Interest Rate on Debt %: 4.60% (As of Dec. 2019)


What is Jacka Resources Effective Interest Rate on Debt %?

Jacka Resources ASX:JKA Effective Interest Rate on Debt % is 4.60% as of Dec. 2019. The stock has 1 warning sign investors should review.

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. Jacka Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2019 was A$0.02 Mil. Jacka Resources's average total debt for the quarter that ended in Dec. 2019 was A$0.48 Mil. Therefore, Jacka Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 was 4.60%.

Jacka Resources  (ASX:JKA) Effective Interest Rate on Debt % Explanation

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

Jacka Resources Effective Interest Rate on Debt % Related Terms

Jacka Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Jacka 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.

Jacka Resources Effective Interest Rate on Debt % Chart

Jacka Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 0.00 0.00 0.00 0.00

Jacka Resources Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 0.00 0.00 0.00 0.00 4.60

ASX:JKA vs DLTZ, PTCO, BDCO: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Jacka 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.

Jacka Resources Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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


Jacka Resources Effective Interest Rate on Debt % Calculation

Jacka Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2018 )+Total Debt  (A: Jun. 2019 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (A: Jun. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Jacka Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2019 )+Total Debt  (Q: Dec. 2019 ))/ count )
=-1  *  -0.022/( (0+0.478)/ 1 )
=-1  *  -0.022/0.478
=4.60 %

where

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.478
=0.478

* 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. 2019) 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 4.60% mean?
Jacka Resources (ASX:JKA) has a Effective Interest Rate on Debt % of 4.60% as of Dec. 2019. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Jacka Resources and its competitors.
Is Jacka Resources' Effective Interest Rate on Debt % too high?
Jacka Resources' current Effective Interest Rate on Debt % is 4.60%.
How does Jacka Resources' Effective Interest Rate on Debt % compare to DLTZ and PTCO?
Jacka Resources' Effective Interest Rate on Debt % of 4.60% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas 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 Jacka Resources and its competitors. Jacka Resources's current Effective Interest Rate on Debt % is 4.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacka Resources stock overvalued right now?
Jacka Resources (ASX:JKA) has a current Effective Interest Rate on Debt % of 4.60%. The current Effective Interest Rate on Debt % is 4.60%. 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 Jacka Resources (ASX:JKA), the current Effective Interest Rate on Debt % is 4.60% as of Dec. 2019. 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.

Jacka Resources Business Description

Industry EnergyOil & Gas
Address 216 St Georges Terrace, Level 11, London House, Perth, WA, AUS, 6000
Jacka Resources Ltd is an Australia-based oil and gas exploration company. The company is engaged in oil and gas exploration in Odewayne Block in Somaliland. The operating segment of the company is Oil and Gas Exploration in Australia and Africa.