Zefiro Methane (NEOE:ZEFI) Effective Interest Rate on Debt % : 10.21% (As of Dec. 2024)

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What is Zefiro Methane 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. Zefiro Methane's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was C$2.03 Mil. Zefiro Methane's average total debt for the quarter that ended in Dec. 2024 was C$19.87 Mil. Therefore, Zefiro Methane's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 10.21%.

Zefiro Methane Effective Interest Rate on Debt % Historical Data

The historical data trend for Zefiro Methane'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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Zefiro Methane Effective Interest Rate on Debt % Chart

Zefiro Methane Annual Data

Trend

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

1.28

10.32

Zefiro Methane Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							7.54	13.06	11.03	10.92	10.21

Competitive Comparison of Zefiro Methane's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Zefiro Methane'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.

Zefiro Methane's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

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Zefiro Methane Effective Interest Rate on Debt % Calculation

Zefiro Methane's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -1.647	/	( (10.678	+	21.256)	/ 2 )
=	-1 * -1.647	/	15.967
=	10.32 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.931	+	4.747
=	10.678

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.523	+	12.733
=	21.256

Zefiro Methane's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -2.028	/	( (19.919	+	19.819)	/ 2 )
=	-1 * -2.028	/	19.869
=	10.21 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.064	+	11.855
=	19.919

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.766	+	12.053
=	19.819

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

Zefiro Methane (NEOE:ZEFI) Effective Interest Rate on Debt % Explanation

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

Zefiro Methane Effective Interest Rate on Debt % Related Terms

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Zefiro Methane Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zefiro Methane Corp (NEOE:ZEFI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ZEFIF:USA Y6B:Germany

Address

2501 - 550 Burrard Street, Vancouver, BC, CAN, V6C 2B5

Website

https://www.zefiromethane.com

Zefiro Methane Corp provides end-of-life solutions for industrial oil and gas operations that emit harmful greenhouse gas (GHG) emissions, specifically methane released from orphaned and abandoned oil and gas wells or associated midstream assets. It generates carbon credits, which can then be sold into carbon credit markets, by reducing methane emissions through the plugging of orphaned and abandoned oil and gas wells. Its services include methane testing, quantification, and monitoring, asset retirement and methane abatement, and carbon offset generation among others. It has a single segment, being the provider of a range of turnkey solutions to plug onshore oil and gas wells across the Appalachian Basin. It operates in the United States which generates all of its revenue, and Canada.

Executives

Nan (jonson) Sun	Director
Talal Debs	Director, Senior Officer
X Machina Sustainable Technologies Inc	10% Security Holder

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