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Luiri Gold (ASX:LGM) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2016)


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What is Luiri Gold 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. Luiri Gold's annualized positive value of Interest Expense for the quarter that ended in Jun. 2016 was A$0.00 Mil. Luiri Gold's average total debt for the quarter that ended in Jun. 2016 was A$0.00 Mil. Therefore, Luiri Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 was N/A%.


Luiri Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for Luiri Gold'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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Luiri Gold Effective Interest Rate on Debt % Chart

Luiri Gold Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
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Luiri Gold Semi-Annual Data
Sep05 Mar06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Jun14 Dec14 Jun15 Dec15 Jun16
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Competitive Comparison of Luiri Gold's Effective Interest Rate on Debt %

For the Gold subindustry, Luiri Gold'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.


Luiri Gold's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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



Luiri Gold Effective Interest Rate on Debt % Calculation

Luiri Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Luiri Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2015 )+Total Debt  (Q: Jun. 2016 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

* 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 (Jun. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Luiri Gold  (ASX:LGM) Effective Interest Rate on Debt % Explanation

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


Luiri Gold Effective Interest Rate on Debt % Related Terms

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Luiri Gold (ASX:LGM) Business Description

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Luiri Gold Ltd is a gold exploration and development company. The company Luiri Hill Gold Project currently consists of 2 large-scale mining licenses, 8074-HQ-LML and 14948-HQ-LML.

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