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Valiant Petroleum (LSE:VPP) Effective Interest Rate on Debt % : 16.74% (As of Jun. 2012)


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What is Valiant Petroleum 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. Valiant Petroleum's annualized positive value of Interest Expense for the quarter that ended in Jun. 2012 was £5.9 Mil. Valiant Petroleum's average total debt for the quarter that ended in Jun. 2012 was £35.1 Mil. Therefore, Valiant Petroleum's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2012 was 16.74%.

Valiant Petroleum Effective Interest Rate on Debt % Historical Data

The historical data trend for Valiant Petroleum'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.

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Valiant Petroleum Effective Interest Rate on Debt % Chart

Valiant Petroleum Annual Data
Trend Sep06 Sep07 Dec08 Dec09 Dec10 Dec11
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 0.02 4.54 4.16 8.38

Valiant Petroleum Semi-Annual Data
Mar08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
Effective Interest Rate on Debt % Get a 7-Day Free Trial 4.71 - 10.86 - 16.74

Competitive Comparison of Valiant Petroleum's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Valiant Petroleum'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.

Valiant Petroleum's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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


Valiant Petroleum Effective Interest Rate on Debt % Calculation

Valiant Petroleum's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2010 )+Total Debt  (A: Dec. 2011 ))/ count )
=-1  *  -3.361/( (77.491+2.766)/ 2 )
=-1  *  -3.361/40.1285
=8.38 %

where

Total Debt  (A: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=77.491 + 0
=77.491

Total Debt  (A: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.766 + 0
=2.766

Valiant Petroleum's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2011 )+Total Debt  (Q: Jun. 2012 ))/ count )
=-1  *  -5.882/( (2.766+67.523)/ 2 )
=-1  *  -5.882/35.1445
=16.74 %

where

Total Debt  (Q: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.766 + 0
=2.766

Total Debt  (Q: Jun. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=67.523 + 0
=67.523

* 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. 2012) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Valiant Petroleum  (LSE:VPP) Effective Interest Rate on Debt % Explanation

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

Valiant Petroleum Effective Interest Rate on Debt % Related Terms

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Valiant Petroleum (LSE:VPP) Business Description

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