Frontier Mining (LSE:FML) Effective Interest Rate on Debt %: 4.81% (As of Sep. 2014)


What is Frontier Mining Effective Interest Rate on Debt %?

Frontier Mining LSE:FML -16.67% Effective Interest Rate on Debt % is 4.81% as of Sep. 2014. The stock has 3 warning signs 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. Frontier Mining's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was £2.65 Mil. Frontier Mining's average total debt for the quarter that ended in Sep. 2014 was £55.03 Mil. Therefore, Frontier Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 4.81%.

Frontier Mining  (LSE:FML) Effective Interest Rate on Debt % Explanation

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

Frontier Mining Effective Interest Rate on Debt % Related Terms

Frontier Mining Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Frontier Mining'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.

Frontier Mining Effective Interest Rate on Debt % Chart

Frontier Mining Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 19.59 13.65 15.27 8.49 3.29

Frontier Mining Quarterly Data
Dec09 Jun10 Dec10 Jun11 Dec11 Dec12 Jun13 Sep13 Dec13 Jun14 Sep14
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 -1.98 -2.71 11.68 4.81

Frontier Mining Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Frontier Mining'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.

Frontier Mining Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Frontier Mining's Effective Interest Rate on Debt % distribution charts can be found below:

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


Frontier Mining Effective Interest Rate on Debt % Calculation

Frontier Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -1.717/( (47.629+56.757)/ 2 )
=-1  *  -1.717/52.193
=3.29 %

where

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31.306 + 16.323
=47.629

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=30.789 + 25.968
=56.757

Frontier Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2014 )+Total Debt  (Q: Sep. 2014 ))/ count )
=-1  *  -2.648/( (53.44+56.613)/ 2 )
=-1  *  -2.648/55.0265
=4.81 %

where

Total Debt  (Q: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.83 + 23.61
=53.44

Total Debt  (Q: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=30.991 + 25.622
=56.613

* 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. 2014) 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 4.81% mean?
Frontier Mining (LSE:FML) has a Effective Interest Rate on Debt % of 4.81% as of Sep. 2014. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Frontier Mining and its competitors.
Is Frontier Mining's Effective Interest Rate on Debt % too high?
Frontier Mining's current Effective Interest Rate on Debt % is 4.81%.
How does Frontier Mining's Effective Interest Rate on Debt % compare to competitors?
Frontier Mining's Effective Interest Rate on Debt % of 4.81% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining 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 Frontier Mining and its competitors. Frontier Mining's current Effective Interest Rate on Debt % is 4.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Mining stock overvalued right now?
Frontier Mining (LSE:FML) has a current Effective Interest Rate on Debt % of 4.81%. The current Effective Interest Rate on Debt % is 4.81%. 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 Frontier Mining (LSE:FML), the current Effective Interest Rate on Debt % is 4.81% as of Sep. 2014. 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.

Frontier Mining Business Description

Frontier Mining Ltd was incorporated under the law of the state of Delaware on 5 August 1998. It is engaged in mineral exploration and development. It explores and develops gold and copper deposits in the Republic of Kazakhstan. Its activities currently relate to two licenses: the wholly owned Naimanjal contract license area and the 50% owned Benkala joint venture license.