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Nido Petroleum (Nido Petroleum) Effective Interest Rate on Debt % : 8.35% (As of Dec. 2016)


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What is Nido 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. Nido Petroleum's annualized positive value of Interest Expense for the quarter that ended in Dec. 2016 was $6.86 Mil. Nido Petroleum's average total debt for the quarter that ended in Dec. 2016 was $82.09 Mil. Therefore, Nido Petroleum's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 was 8.35%.


Nido Petroleum Effective Interest Rate on Debt % Historical Data

The historical data trend for Nido 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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Nido Petroleum Effective Interest Rate on Debt % Chart

Nido Petroleum Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 31.11 15.93 7.85

Nido Petroleum Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 24.55 15.57 9.50 8.12 8.35

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

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


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

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

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



Nido Petroleum Effective Interest Rate on Debt % Calculation

Nido Petroleum's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -6.851/( (90.121+84.438)/ 2 )
=-1  *  -6.851/87.2795
=7.85 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=87.48 + 2.641
=90.121

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=84.438 + 0
=84.438

Nido Petroleum's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2016 )+Total Debt  (Q: Dec. 2016 ))/ count )
=-1  *  -6.856/( (79.741+84.438)/ 2 )
=-1  *  -6.856/82.0895
=8.35 %

where

Total Debt  (Q: Jun. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=79.741 + 0
=79.741

Total Debt  (Q: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=84.438 + 0
=84.438

* 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 (Dec. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nido Petroleum  (OTCPK:NIDOY) Effective Interest Rate on Debt % Explanation

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


Nido Petroleum Effective Interest Rate on Debt % Related Terms

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Nido Petroleum (Nido Petroleum) Business Description

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Nido Petroleum Ltd is an oil and gas production, development and exploration company with operations located in the Philippines.

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