COMRF (Comet Ridge) Effective Interest Rate on Debt %: 35.61% (As of Dec. 2025)

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COMRF Comet Ridge Ltd COMRF
34 GF Score
Price $0.18
! 1 Warning Sign
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What is Comet Ridge Effective Interest Rate on Debt %?

Comet Ridge COMRF 34 Effective Interest Rate on Debt % is 35.61% as of Dec. 2025. GuruFocus rates COMRF with a GF Score™ of 34/100. 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. Comet Ridge's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was $1.67 Mil. Comet Ridge's average total debt for the quarter that ended in Dec. 2025 was $4.70 Mil. Therefore, Comet Ridge's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 35.61%.


Comet Ridge  (OTCPK:COMRF) Effective Interest Rate on Debt % Explanation

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


Comet Ridge Effective Interest Rate on Debt % Related Terms


Comet Ridge Effective Interest Rate on Debt % Historical Data

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The historical data trend for Comet Ridge'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.

Comet Ridge Effective Interest Rate on Debt % Chart

Comet Ridge Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 5.72 21.15 35.93 45.66

Comet Ridge Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 36.80 34.05 49.23 34.44 35.61

COMRF vs COP, EOG, FANG: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Comet Ridge'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.


Comet Ridge Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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


COMRF
34GF Score
Comet Ridge Ltd COMRF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Ridge Effective Interest Rate on Debt % Calculation

Comet Ridge's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2024 )+Total Debt  (A: Jun. 2025 ))/ count )
=-1  *  -2.162/( (4.943+4.526)/ 2 )
=-1  *  -2.162/4.7345
=45.66 %

where

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.892 + 0.051
=4.943

Total Debt  (A: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.443 + 0.083
=4.526

Comet Ridge's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -1.674/( (4.526+4.876)/ 2 )
=-1  *  -1.674/4.701
=35.61 %

where

Total Debt  (Q: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.443 + 0.083
=4.526

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.792 + 0.084
=4.876

* 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. 2025) 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 35.61% mean?
Comet Ridge (COMRF) has a Effective Interest Rate on Debt % of 35.61% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Comet Ridge and its competitors.
Is Comet Ridge's Effective Interest Rate on Debt % too high?
Comet Ridge's current Effective Interest Rate on Debt % is 35.61%. Overall, Comet Ridge has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Comet Ridge's Effective Interest Rate on Debt % compare to COP and EOG?
Comet Ridge's Effective Interest Rate on Debt % of 35.61% 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 Comet Ridge and its competitors. Comet Ridge's current Effective Interest Rate on Debt % is 35.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Ridge stock overvalued right now?
Comet Ridge (COMRF) has a current Effective Interest Rate on Debt % of 35.61%. The current Effective Interest Rate on Debt % is 35.61%. Comet Ridge's overall GF Score™ is 34/100 with 1 warning sign to review. 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 Comet Ridge (COMRF), the current Effective Interest Rate on Debt % is 35.61% as of Dec. 2025. 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.

Comet Ridge Business Description

Industry EnergyOil & Gas
Other Exchanges COI:Australia
Address 410 Queen Street, Level 12, Brisbane, QLD, AUS, 4000
Comet Ridge Ltd is an Australian energy company focused on the development of natural gas for the supply-constrained east coast Australian market. It has tenement interests and a suite of prospective projects in Queensland. The company's flagship Mahalo Gas Hub area (Mahalo Gas Project) consists of high-quality natural gas resources with low CO2 and competitive production costs. The Mahalo Gas Hub contains gross 2P (Reserves) and 2C (Contingent Resources) of 676 Petajoules close to the Gladstone LNG export and domestic market precinct, as well as gas transport infrastructure. Additionally, the company also holds various permits in the eastern part of the Galilee Basin, and an exploration licence (PEL 427), in the northern Gunnedah Basin, New South Wales.
34GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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