ONTRF (Blackrock Oil) Effective Interest Rate on Debt %: 0.00% (As of Jun. 2014)

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What is Blackrock Oil Effective Interest Rate on Debt %?

Blackrock Oil ONTRF Effective Interest Rate on Debt % is 0.00% as of Jun. 2014.

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. Blackrock Oil's annualized positive value of Interest Expense for the quarter that ended in Jun. 2014 was $0.00 Mil. Blackrock Oil's average total debt for the quarter that ended in Jun. 2014 was $0.00 Mil. Therefore, Blackrock Oil's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2014 was N/A%.

Blackrock Oil  (OTCPK:ONTRF) Effective Interest Rate on Debt % Explanation

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

Blackrock Oil Effective Interest Rate on Debt % Related Terms

Blackrock Oil Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Blackrock Oil'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.

Blackrock Oil Effective Interest Rate on Debt % Chart

Blackrock Oil Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Effective Interest Rate on Debt %
0.00 0.00 0.00 0.00 0.00

Blackrock Oil Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14
Effective Interest Rate on Debt % 0.00 0.00 0.00 0.00 0.00

ONTRF vs WODI, BMMCF: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Blackrock Oil'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.

Blackrock Oil Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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


Blackrock Oil Effective Interest Rate on Debt % Calculation

Blackrock Oil's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2013 )+Total Debt  (A: Jun. 2014 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (A: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Blackrock Oil's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2013 )+Total Debt  (Q: Jun. 2014 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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 one times the annual (Jun. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
Blackrock Oil (ONTRF) has a Effective Interest Rate on Debt % of 0.00% as of Jun. 2014. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Blackrock Oil and its competitors.
Is Blackrock Oil's Effective Interest Rate on Debt % too high?
Blackrock Oil's current Effective Interest Rate on Debt % is 0.00%.
How does Blackrock Oil's Effective Interest Rate on Debt % compare to WODI and BMMCF?
Blackrock Oil's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Blackrock Oil and its competitors. Blackrock Oil's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Oil stock overvalued right now?
Blackrock Oil (ONTRF) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Blackrock Oil (ONTRF), the current Effective Interest Rate on Debt % is 0.00% as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blackrock Oil Business Description

Industry EnergyOil & Gas
Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9
Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.