TXO (LSE:TXO) Effective Interest Rate on Debt %: 17.35% (As of Mar. 2014)

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What is TXO Effective Interest Rate on Debt %?

TXO LSE:TXO Effective Interest Rate on Debt % is 17.35% as of Mar. 2014.

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. TXO's annualized positive value of Interest Expense for the quarter that ended in Mar. 2014 was £0.16 Mil. TXO's average total debt for the quarter that ended in Mar. 2014 was £0.92 Mil. Therefore, TXO's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2014 was 17.35%.


TXO  (LSE:TXO) Effective Interest Rate on Debt % Explanation

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


TXO Effective Interest Rate on Debt % Related Terms


TXO Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for TXO'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.

TXO Effective Interest Rate on Debt % Chart

TXO Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Sep10 Sep11 Sep12 Sep13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.98 0.06 0.24 14.24 22.03

TXO Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
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 18.82 13.48 21.96 17.91 17.35

TXO Effective Interest Rate on Debt % Competitor Comparison

For the Oil & Gas E&P subindustry, TXO'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.


TXO Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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



TXO Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2012 )+Total Debt  (A: Sep. 2013 ))/ count )
=-1  *  -0.226/( (1.161+0.891)/ 2 )
=-1  *  -0.226/1.026
=22.03 %

where

Total Debt  (A: Sep. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.778 + 0.383
=1.161

Total Debt  (A: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.601 + 0.29
=0.891

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2013 )+Total Debt  (Q: Mar. 2014 ))/ count )
=-1  *  -0.16/( (0.891+0.953)/ 2 )
=-1  *  -0.16/0.922
=17.35 %

where

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.601 + 0.29
=0.891

Total Debt  (Q: Mar. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.471 + 0.482
=0.953

* 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 (Mar. 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 17.35% mean?
TXO (LSE:TXO) has a Effective Interest Rate on Debt % of 17.35% as of Mar. 2014. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on TXO and its competitors.
Is TXO's Effective Interest Rate on Debt % too high?
TXO's current Effective Interest Rate on Debt % is 17.35%.
How does TXO's Effective Interest Rate on Debt % compare to competitors?
TXO's Effective Interest Rate on Debt % of 17.35% 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 TXO and its competitors. TXO's current Effective Interest Rate on Debt % is 17.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXO stock overvalued right now?
TXO (LSE:TXO) has a current Effective Interest Rate on Debt % of 17.35%. The current Effective Interest Rate on Debt % is 17.35%. 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 TXO (LSE:TXO), the current Effective Interest Rate on Debt % is 17.35% as of Mar. 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.

TXO Business Description

Industry EnergyOil & Gas
TXO PLC is a public company, incorporated on June 26, 1989. The Company is engaged in holding investments operating in the oil and gas sector. The Company's operations are subject to laws and regulations relating to the protection of human health and safety and the environment.