Efora Energy (JSE:EEL) Effective Interest Rate on Debt % : 4.08% (As of Aug. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Efora 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. Efora Energy's annualized positive value of Interest Expense for the quarter that ended in Aug. 2024 was R0.08 Mil. Efora Energy's average total debt for the quarter that ended in Aug. 2024 was R1.86 Mil. Therefore, Efora Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 was 4.08%.

Efora Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Efora 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.

Efora Energy Effective Interest Rate on Debt % Chart

Efora Energy Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

11.55

8.49

0.14

5.39

5.61

Efora Energy Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.65	4.86	4.33	5.96	4.08

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

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

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

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

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

Save Embed

;

Save Embed

;

Efora Energy Effective Interest Rate on Debt % Calculation

Efora Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -0.127	/	( (2.227	+	2.301)	/ 2 )
=	-1 * -0.127	/	2.264
=	5.61 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.574	+	1.653
=	2.227

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.166	+	2.135
=	2.301

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2024 )	+	Total Debt (Q: Aug. 2024 ))	/ count )
=	-1 * -0.076	/	( (2.301	+	1.426)	/ 2 )
=	-1 * -0.076	/	1.8635
=	4.08 %

where

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.166	+	2.135
=	2.301

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.426
=	1.426

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

Efora Energy (JSE:EEL) Effective Interest Rate on Debt % Explanation

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

Efora Energy Effective Interest Rate on Debt % Related Terms

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

Efora Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Efora Energy Ltd (JSE:EEL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Leslie Avenue, 2nd Floor, Building 11, Design Quarter District, Fourways, Johannesburg, GT, ZAF, 2191

Website

https://www.eforaenergy.com

Efora Energy Ltd is an African oil and gas company. It has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi, and Botswana; and midstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. The operations of the Group comprise oil and gas exploration and production, crude trading, and the sale of petroleum products. It derives the majority of its revenue from the sale of petroleum products.

Efora Energy Headlines

No Headlines