Frontera Resources (LSE:FRR) Effective Interest Rate on Debt %: 15.76% (As of Jun. 2018)

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What is Frontera Resources Effective Interest Rate on Debt %?

Frontera Resources LSE:FRR Effective Interest Rate on Debt % is 15.76% as of Jun. 2018. The stock has 7 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. Frontera Resources's annualized positive value of Interest Expense for the quarter that ended in Jun. 2018 was £4.20 Mil. Frontera Resources's average total debt for the quarter that ended in Jun. 2018 was £26.66 Mil. Therefore, Frontera Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 was 15.76%.


Frontera Resources  (LSE:FRR) Effective Interest Rate on Debt % Explanation

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


Frontera Resources Effective Interest Rate on Debt % Related Terms


Frontera Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Frontera Resources'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.

Frontera Resources Effective Interest Rate on Debt % Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.86 17.02 13.26 20.31 18.13

Frontera Resources Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 21.36 16.84 26.18 14.79 15.76

LSE:FRR vs GSPE, CHAP, CRBO: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Frontera Resources'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.


Frontera Resources Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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



Frontera Resources Effective Interest Rate on Debt % Calculation

Frontera Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  -6.204/( (41.883+26.551)/ 2 )
=-1  *  -6.204/34.217
=18.13 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.141 + 17.742
=41.883

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.547 + 0.004
=26.551

Frontera Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2017 )+Total Debt  (Q: Jun. 2018 ))/ count )
=-1  *  -4.202/( (26.551+26.763)/ 2 )
=-1  *  -4.202/26.657
=15.76 %

where

Total Debt  (Q: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.547 + 0.004
=26.551

Total Debt  (Q: Jun. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.758 + 0.005
=26.763

* 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 (Jun. 2018) 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 15.76% mean?
Frontera Resources (LSE:FRR) has a Effective Interest Rate on Debt % of 15.76% as of Jun. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Frontera Resources and its competitors.
Is Frontera Resources' Effective Interest Rate on Debt % too high?
Frontera Resources' current Effective Interest Rate on Debt % is 15.76%.
How does Frontera Resources' Effective Interest Rate on Debt % compare to GSPE and CHAP?
Frontera Resources' Effective Interest Rate on Debt % of 15.76% 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 Frontera Resources and its competitors. Frontera Resources's current Effective Interest Rate on Debt % is 15.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontera Resources stock overvalued right now?
Frontera Resources (LSE:FRR) has a current Effective Interest Rate on Debt % of 15.76%. The current Effective Interest Rate on Debt % is 15.76%. 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 Frontera Resources (LSE:FRR), the current Effective Interest Rate on Debt % is 15.76% as of Jun. 2018. 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.

Frontera Resources Business Description

Industry EnergyOil & Gas
Address 3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.