CBMDF (CBM Asia Development) Effective Interest Rate on Debt %: 26.85% (As of Sep. 2013)


What is CBM Asia Development Effective Interest Rate on Debt %?

CBM Asia Development CBMDF -90.00% Effective Interest Rate on Debt % is 26.85% as of Sep. 2013.

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. CBM Asia Development's annualized positive value of Interest Expense for the quarter that ended in Sep. 2013 was $0.02 Mil. CBM Asia Development's average total debt for the quarter that ended in Sep. 2013 was $0.07 Mil. Therefore, CBM Asia Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 was 26.85%.

CBM Asia Development  (OTCPK:CBMDF) Effective Interest Rate on Debt % Explanation

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

CBM Asia Development Effective Interest Rate on Debt % Related Terms

CBM Asia Development Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for CBM Asia Development'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.

CBM Asia Development Effective Interest Rate on Debt % Chart

CBM Asia Development Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 10.96 1.00

CBM Asia Development Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.00 0.00 0.00 16.00 26.85

CBMDF vs IFNY, EXNT: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, CBM Asia Development'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.

CBM Asia Development Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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


CBM Asia Development Effective Interest Rate on Debt % Calculation

CBM Asia Development's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2011 )+Total Debt  (A: Dec. 2012 ))/ count )
=-1  *  -0.003/( (0.301+0)/ 1 )
=-1  *  -0.003/0.301
=1.00 %

where

Total Debt  (A: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.301
=0.301

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

CBM Asia Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2013 )+Total Debt  (Q: Sep. 2013 ))/ count )
=-1  *  -0.02/( (0.1+0.049)/ 2 )
=-1  *  -0.02/0.0745
=26.85 %

where

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.1
=0.1

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.049
=0.049

* 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 (Sep. 2013) 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 26.85% mean?
CBM Asia Development (CBMDF) has a Effective Interest Rate on Debt % of 26.85% as of Sep. 2013. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CBM Asia Development and its competitors.
Is CBM Asia Development's Effective Interest Rate on Debt % too high?
CBM Asia Development's current Effective Interest Rate on Debt % is 26.85%.
How does CBM Asia Development's Effective Interest Rate on Debt % compare to IFNY and EXNT?
CBM Asia Development's Effective Interest Rate on Debt % of 26.85% 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 CBM Asia Development and its competitors. CBM Asia Development's current Effective Interest Rate on Debt % is 26.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBM Asia Development stock overvalued right now?
CBM Asia Development (CBMDF) has a current Effective Interest Rate on Debt % of 26.85%. The current Effective Interest Rate on Debt % is 26.85%. 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 CBM Asia Development (CBMDF), the current Effective Interest Rate on Debt % is 26.85% as of Sep. 2013. 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.

CBM Asia Development Business Description

Industry EnergyOil & Gas
Address 5626 Larch Street, Vancouver, BC, CAN, V6M 4E1
CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia.