SPRN (Supernova Energy) Effective Interest Rate on Debt %: 5.11% (As of Sep. 2015)


What is Supernova Energy Effective Interest Rate on Debt %?

Supernova Energy SPRN Effective Interest Rate on Debt % is 5.11% as of Sep. 2015.

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. Supernova Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was $0.02 Mil. Supernova Energy's average total debt for the quarter that ended in Sep. 2015 was $0.31 Mil. Therefore, Supernova Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 5.11%.

Supernova Energy  (OTCPK:SPRN) Effective Interest Rate on Debt % Explanation

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

Supernova Energy Effective Interest Rate on Debt % Related Terms

Supernova Energy Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Supernova Energy'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.

Supernova Energy Effective Interest Rate on Debt % Chart

Supernova Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
0.00 83.87 106.21 5.04 0.00

Supernova Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.00 0.00 7.79 204.99 5.11

SPRN vs HDYNQ, OOIL, EUENF: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Supernova Energy'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.

Supernova Energy Effective Interest Rate on Debt % vs Oil & Gas Industry

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

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


Supernova Energy Effective Interest Rate on Debt % Calculation

Supernova Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  0/( (0.005+0.02)/ 2 )
=-1  *  0/0.0125
=0.00 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.005
=0.005

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.02
=0.02

Supernova Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2015 )+Total Debt  (Q: Sep. 2015 ))/ count )
=-1  *  -0.016/( (0.313+0.313)/ 2 )
=-1  *  -0.016/0.313
=5.11 %

where

Total Debt  (Q: Jun. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.313
=0.313

Total Debt  (Q: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.313
=0.313

* 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 (Sep. 2015) 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 5.11% mean?
Supernova Energy (SPRN) has a Effective Interest Rate on Debt % of 5.11% as of Sep. 2015. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Supernova Energy and its competitors.
Is Supernova Energy's Effective Interest Rate on Debt % too high?
Supernova Energy's current Effective Interest Rate on Debt % is 5.11%.
How does Supernova Energy's Effective Interest Rate on Debt % compare to HDYNQ and OOIL?
Supernova Energy's Effective Interest Rate on Debt % of 5.11% 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 Supernova Energy and its competitors. Supernova Energy's current Effective Interest Rate on Debt % is 5.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supernova Energy stock overvalued right now?
Supernova Energy (SPRN) has a current Effective Interest Rate on Debt % of 5.11%. The current Effective Interest Rate on Debt % is 5.11%. 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 Supernova Energy (SPRN), the current Effective Interest Rate on Debt % is 5.11% as of Sep. 2015. 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.

Supernova Energy Business Description

Industry EnergyOil & Gas
Address 265 Sunrise Highway, Suite 1-276, Rockville Centre, NY, USA, 11570
Supernova Energy Inc is a United States-based oil and gas exploration and production company. The company provides wellbore completion and re-completion services for small, independent operators with existing oil and gas production. Its consulting services include completion, recompletion, workover, well engineering services, project management, and turnkey solutions.