Stanmore Resources (ASX:SMR) Effective Interest Rate on Debt % : 10.81% (As of Dec. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Stanmore Resources 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. Stanmore Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$113 Mil. Stanmore Resources's average total debt for the quarter that ended in Dec. 2024 was A$1,043 Mil. Therefore, Stanmore Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 10.81%.

Stanmore Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Stanmore 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.

* Premium members only.

Stanmore Resources Effective Interest Rate on Debt % Chart

Stanmore Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

33.33

26.21

17.40

9.81

9.29

Stanmore Resources 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															14.01	9.89	12.10	8.16	10.81

Competitive Comparison of Stanmore Resources's Effective Interest Rate on Debt %

For the Coking Coal subindustry, Stanmore 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.

Stanmore Resources's Effective Interest Rate on Debt % Distribution in the Steel Industry

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

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

Save Embed

;

Save Embed

;

Stanmore Resources Effective Interest Rate on Debt % Calculation

Stanmore Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -103.109	/	( (1158.896	+	1061.562)	/ 2 )
=	-1 * -103.109	/	1110.229
=	9.29 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	752.827	+	406.069
=	1158.896

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	669.654	+	391.908
=	1061.562

Stanmore Resources'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 * -112.74	/	( (1024.984	+	1061.562)	/ 2 )
=	-1 * -112.74	/	1043.273
=	10.81 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	732.669	+	292.315
=	1024.984

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	669.654	+	391.908
=	1061.562

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.

Stanmore Resources (ASX:SMR) Effective Interest Rate on Debt % Explanation

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

Stanmore Resources Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Stanmore Resources's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Stanmore Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Stanmore Resources Ltd (ASX:SMR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

STMRF:USA S0D:Germany

Address

12 Creek Street, Level 32, Brisbane, QLD, AUS, 4000

Website

https://www.stanmore.au

Stanmore Resources Ltd is an Australian resources company that is engaged in the exploration, development, production, and sale of metallurgical coal in Queensland, Australia with operations and exploration projects in the Bowen and Surat Basins. The company's portfolio of existing operations includes the Isaac Plains Complex in Queensland's Bowen Basin region, South Walker Creek, and the Poitrel open-cut coal mine. It also holds ownership interests in several other exploration projects such as the Lilyvale project, Mackenzie, Lancewood, the Isaac Downs Extension, the Range, Belview, the Isaac Plains Underground, and the Clifford project. Geographically, the company derives maximum revenue from the sale of metallurgical coal in Asia followed by Europe and South America.