Dafora (BSE:DAFR) Effective Interest Rate on Debt %: 0.24% (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Dafora Effective Interest Rate on Debt %?

Dafora BSE:DAFR Effective Interest Rate on Debt % is 0.24% as of Jun. 2023.

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. Dafora's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was lei0.06 Mil. Dafora's average total debt for the quarter that ended in Jun. 2023 was lei24.54 Mil. Therefore, Dafora's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.24%.

Dafora  (BSE:DAFR) Effective Interest Rate on Debt % Explanation

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

Dafora Effective Interest Rate on Debt % Related Terms

Dafora Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Dafora'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.

Dafora Effective Interest Rate on Debt % Chart

Dafora Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.30 1.40 1.44 0.19

Dafora Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.12 0.07 5.27 0.00 0.24

BSE:DAFR vs NE, PTEN, RIG: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Drilling subindustry, Dafora'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.

Dafora Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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


Dafora Effective Interest Rate on Debt % Calculation

Dafora's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.075/( (54.492+24.636)/ 2 )
=-1  *  -0.075/39.564
=0.19 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=39.865 + 14.627
=54.492

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.42 + 11.216
=24.636

Dafora's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.06/( (24.636+24.439)/ 2 )
=-1  *  -0.06/24.5375
=0.24 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.42 + 11.216
=24.636

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.223 + 11.216
=24.439

* 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 four times the quarterly (Jun. 2023) 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 0.24% mean?
Dafora (BSE:DAFR) has a Effective Interest Rate on Debt % of 0.24% as of Jun. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Dafora and its competitors.
Is Dafora's Effective Interest Rate on Debt % too high?
Dafora's current Effective Interest Rate on Debt % is 0.24%.
How does Dafora's Effective Interest Rate on Debt % compare to NE and PTEN?
Dafora's Effective Interest Rate on Debt % of 0.24% 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 Dafora and its competitors. Dafora's current Effective Interest Rate on Debt % is 0.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dafora stock overvalued right now?
Dafora (BSE:DAFR) has a current Effective Interest Rate on Debt % of 0.24%. The current Effective Interest Rate on Debt % is 0.24%. 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 Dafora (BSE:DAFR), the current Effective Interest Rate on Debt % is 0.24% as of Jun. 2023. 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.

Dafora Business Description

Industry EnergyOil & Gas
Address Strada Regele Ferdinand I, No. 15, Sibiu, Medias, ROU, 551002
Dafora SA provides drilling and construction services. The company's services include onshore drilling services for oil, natural gas and geothermal water, well testing and workover, transport and maintenance for drilling equipment. It provides services in South Africa, Tanzania, Uganda, Mozambique, Sudan, France, Bulgaria, Ukraine, Hungary, and Israel.