GXRFF (Prospera Energy) Effective Interest Rate on Debt % : 11.81% (As of Sep. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Prospera Energy 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. Prospera Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $1.44 Mil. Prospera Energy's average total debt for the quarter that ended in Sep. 2024 was $12.20 Mil. Therefore, Prospera Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 11.81%.

Prospera Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Prospera 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.

* Premium members only.

Prospera Energy Effective Interest Rate on Debt % Chart

Prospera Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

17.30

2.46

8.03

15.88

13.63

Prospera Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.20	15.28	14.26	19.86	11.81

Competitive Comparison of Prospera Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Prospera 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.

Prospera Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

Save Embed

;

Save Embed

;

Prospera Energy Effective Interest Rate on Debt % Calculation

Prospera Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.697	/	( (3.119	+	7.112)	/ 2 )
=	-1 * -0.697	/	5.1155
=	13.63 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.988	+	0.131
=	3.119

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.891	+	0.221
=	7.112

Prospera Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -1.44	/	( (8.001	+	16.389)	/ 2 )
=	-1 * -1.44	/	12.195
=	11.81 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.802	+	0.199
=	8.001

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.21	+	0.179
=	16.389

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Prospera Energy (OTCPK:GXRFF) Effective Interest Rate on Debt % Explanation

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

Prospera Energy Effective Interest Rate on Debt % Related Terms

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

Prospera Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prospera Energy Inc (OTCPK:GXRFF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

OF6B:Germany OF6B:Germany PEI:Canada

Address

444 - 7th Avenue SW, Suite 730, Calgary, AB, CAN, T2P 0X8

Website

https://www.prosperaenergy.com

Prospera Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas properties in Canada. The company derives revenue from the sales of Petroleum and Natural gas, of which key revenue is derived from the sale of Petroleum. Some of its properties include Red Earth, Pouce Coupe, Luseland, Cuthbert, and Hearts Hill.