GLRI (Glori Energy) Effective Interest Rate on Debt %: 33.03% (As of Dec. 2016)


What is Glori Energy Effective Interest Rate on Debt %?

Glori Energy GLRI Effective Interest Rate on Debt % is 33.03% as of Dec. 2016.

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. Glori Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2016 was $3.28 Mil. Glori Energy's average total debt for the quarter that ended in Dec. 2016 was $9.93 Mil. Therefore, Glori Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 was 33.03%.

Glori Energy  (OTCPK:GLRI) Effective Interest Rate on Debt % Explanation

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

Glori Energy Effective Interest Rate on Debt % Related Terms

Glori Energy Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Glori Energy'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.

Glori Energy Effective Interest Rate on Debt % Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Effective Interest Rate on Debt %
0.00 0.00 0.00 31.93 19.26

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.13 13.44 15.51 15.55 33.03

GLRI vs ALYE, FOSI: Effective Interest Rate on Debt % Comparison

For the Shell Companies subindustry, Glori Energy'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.

Glori Energy Effective Interest Rate on Debt % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Glori Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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


Glori Energy Effective Interest Rate on Debt % Calculation

Glori Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -1.945/( (10.298+9.898)/ 2 )
=-1  *  -1.945/10.098
=19.26 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.009 + 0.289
=10.298

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.033 + 9.865
=9.898

Glori Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2016 )+Total Debt  (Q: Dec. 2016 ))/ count )
=-1  *  -3.28/( (9.96+9.898)/ 2 )
=-1  *  -3.28/9.929
=33.03 %

where

Total Debt  (Q: Sep. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.035 + 9.925
=9.96

Total Debt  (Q: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.033 + 9.865
=9.898

* 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 (Dec. 2016) 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 33.03% mean?
Glori Energy (GLRI) has a Effective Interest Rate on Debt % of 33.03% as of Dec. 2016. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Glori Energy and its competitors.
Is Glori Energy's Effective Interest Rate on Debt % too high?
Glori Energy's current Effective Interest Rate on Debt % is 33.03%.
How does Glori Energy's Effective Interest Rate on Debt % compare to ALYE and FOSI?
Glori Energy's Effective Interest Rate on Debt % of 33.03% can be compared against companies in the Diversified Financial Services 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 a Diversified Financial Services company?
A good Effective Interest Rate on Debt % depends on the Diversified Financial Services 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 Glori Energy and its competitors. Glori Energy's current Effective Interest Rate on Debt % is 33.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glori Energy stock overvalued right now?
Glori Energy (GLRI) has a current Effective Interest Rate on Debt % of 33.03%. The current Effective Interest Rate on Debt % is 33.03%. 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 Glori Energy (GLRI), the current Effective Interest Rate on Debt % is 33.03% as of Dec. 2016. 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.

Glori Energy Business Description

Address 957 Nasa Parkway, Suite 571, Houston, TX, USA, 77058
Glori Energy Inc is a development stage company.