New World Resources (LSE:NWR) Effective Interest Rate on Debt %: 20.78% (As of Dec. 2015)

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What is New World Resources Effective Interest Rate on Debt %?

New World Resources LSE:NWR Effective Interest Rate on Debt % is 20.78% as of Dec. 2015. The stock has 4 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. New World Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2015 was £57.78 Mil. New World Resources's average total debt for the quarter that ended in Dec. 2015 was £278.07 Mil. Therefore, New World Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 was 20.78%.


New World Resources  (LSE:NWR) Effective Interest Rate on Debt % Explanation

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


New World Resources Effective Interest Rate on Debt % Related Terms


New World Resources Effective Interest Rate on Debt % Historical Data

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The historical data trend for New World 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.

New World Resources Effective Interest Rate on Debt % Chart

New World Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.16 7.36 7.89 9.07 11.52

New World Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 5.85 8.78 9.15 11.97 20.78

LSE:NWR vs WMLPQ: Effective Interest Rate on Debt % Comparison

For the Thermal Coal subindustry, New World 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.


New World Resources Effective Interest Rate on Debt % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, New World Resources's Effective Interest Rate on Debt % distribution charts can be found below:

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



New World Resources Effective Interest Rate on Debt % Calculation

New World Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  -34.644/( (322.569+279.058)/ 2 )
=-1  *  -34.644/300.8135
=11.52 %

where

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=322.569 + 0
=322.569

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=249.965 + 29.093
=279.058

New World Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2015 )+Total Debt  (Q: Dec. 2015 ))/ count )
=-1  *  -57.78/( (277.075+279.058)/ 2 )
=-1  *  -57.78/278.0665
=20.78 %

where

Total Debt  (Q: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=275.253 + 1.822
=277.075

Total Debt  (Q: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=249.965 + 29.093
=279.058

* 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. 2015) 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 20.78% mean?
New World Resources (LSE:NWR) has a Effective Interest Rate on Debt % of 20.78% as of Dec. 2015. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on New World Resources and its competitors.
Is New World Resources' Effective Interest Rate on Debt % too high?
New World Resources' current Effective Interest Rate on Debt % is 20.78%.
How does New World Resources' Effective Interest Rate on Debt % compare to WMLPQ?
New World Resources' Effective Interest Rate on Debt % of 20.78% can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Effective Interest Rate on Debt % depends on the Other Energy Sources 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 New World Resources and its competitors. New World Resources's current Effective Interest Rate on Debt % is 20.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New World Resources stock overvalued right now?
New World Resources (LSE:NWR) has a current Effective Interest Rate on Debt % of 20.78%. The current Effective Interest Rate on Debt % is 20.78%. 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 New World Resources (LSE:NWR), the current Effective Interest Rate on Debt % is 20.78% as of Dec. 2015. 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.

New World Resources Business Description

Address Herengracht 448, Amsterdam, NLD, 1017 CA
New World Resources PLC is a coking and thermal coal producer for the steel and energy sectors in Central Europe. The company's hard coal reserves are situated in the Upper Silesian basin, covering an area of approximately 120 square kilometers. The company's customer includes ArcelorMittal, U.S. Steel, voestalpine, Dalkia, CEZ, Verbund, Moravia Steel, and ThyssenKrupp. New World Resources operates in Czech Republic, Slovakia, Austria, Poland, and Germany.