NZWFF (NZ Windfarms) Effective Interest Rate on Debt % : 27.03% (As of Jun. 2024)

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What is NZ Windfarms 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. NZ Windfarms's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $0.03 Mil. NZ Windfarms's average total debt for the quarter that ended in Jun. 2024 was $0.11 Mil. Therefore, NZ Windfarms's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 27.03%.

NZ Windfarms Effective Interest Rate on Debt % Historical Data

The historical data trend for NZ Windfarms'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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NZ Windfarms Effective Interest Rate on Debt % Chart

NZ Windfarms Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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5.11

2.70

3.01

7.22

6.68

NZ Windfarms Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.53	6.02	7.59	12.24	27.03

Competitive Comparison of NZ Windfarms's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, NZ Windfarms'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.

NZ Windfarms's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NZ Windfarms's Effective Interest Rate on Debt % distribution charts can be found below:

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

NZ Windfarms Effective Interest Rate on Debt % Calculation

NZ Windfarms'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 * -0.163	/	( (4.781	+	0.102)	/ 2 )
=	-1 * -0.163	/	2.4415
=	6.68 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.001	+	0.78
=	4.781

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.085	+	0.017
=	0.102

NZ Windfarms's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -0.03	/	( (0.12	+	0.102)	/ 2 )
=	-1 * -0.03	/	0.111
=	27.03 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.091	+	0.029
=	0.12

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.085	+	0.017
=	0.102

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

NZ Windfarms (OTCPK:NZWFF) Effective Interest Rate on Debt % Explanation

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

NZ Windfarms Effective Interest Rate on Debt % Related Terms

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NZ Windfarms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NZ Windfarms Ltd (OTCPK:NZWFF) » Definitions » Effective Interest Rate on Debt %

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NWF:New Zealand

Address

376 North Range Road, RD 1, Aokautere, Palmerston North, NZL, 4471

Website

https://www.nzwindfarms.co.nz

NZ Windfarms Ltd is engaged in wind power generation assets for generating and selling electricity. It operates solely in New Zealand. The company is a long-term specialist wind farm owner and operator, with its revenue coming from the sale of sustainably generated electricity from its Te Rere Hau wind farm.

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