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Oronova Energy (TSXV:ONV.H) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)


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What is Oronova Energy 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. Oronova Energy's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was C$0.00 Mil. Oronova Energy's average total debt for the quarter that ended in Jan. 2024 was C$0.00 Mil. Therefore, Oronova Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was N/A%.


Oronova Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Oronova 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.

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Oronova Energy Effective Interest Rate on Debt % Chart

Oronova Energy Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
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Oronova Energy Quarterly Data
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Competitive Comparison of Oronova Energy's Effective Interest Rate on Debt %

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


Oronova Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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



Oronova Energy Effective Interest Rate on Debt % Calculation

Oronova Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Oronova Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

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


Oronova Energy  (TSXV:ONV.H) Effective Interest Rate on Debt % Explanation

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


Oronova Energy Effective Interest Rate on Debt % Related Terms

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Oronova Energy (TSXV:ONV.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3123 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1J1
Website
Oronova Energy Inc is an international oil and gas exploration and production company. The firm engages in the acquisition, exploration, development, and production of crude oil and natural gas reserves in strategic countries.

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