MMEX Resources (MMEX Resources) Effective Interest Rate on Debt % : 19.34% (As of Jan. 2024)

MMEX Resources Effective Interest Rate on Debt % Chart

MMEX Resources Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Effective Interest Rate on Debt %		Get a 7-Day Free Trial					233.85	111.77	58.41	32.31	14.33

MMEX Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.43	9.27	22.11	24.41	19.34

Competitive Comparison of MMEX Resources's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, MMEX 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.

MMEX Resources's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

MMEX Resources Effective Interest Rate on Debt % Calculation

MMEX Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

where

MMEX Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

where

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

MMEX Resources  (OTCPK:MMEX) Effective Interest Rate on Debt % Explanation

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

MMEX Resources Effective Interest Rate on Debt % Related Terms

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MMEX Resources (MMEX Resources) Business Description