UNRG (United Energy) Effective Interest Rate on Debt %: 173.33% (As of Dec. 2010)


What is United Energy Effective Interest Rate on Debt %?

United Energy UNRG Effective Interest Rate on Debt % is 173.33% as of Dec. 2010.

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. United Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2010 was $0.05 Mil. United Energy's average total debt for the quarter that ended in Dec. 2010 was $0.03 Mil. Therefore, United Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2010 was 173.33%.

United Energy  (OTCPK:UNRG) Effective Interest Rate on Debt % Explanation

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

United Energy Effective Interest Rate on Debt % Related Terms

United Energy Effective Interest Rate on Debt % Historical Data

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The historical data trend for United 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.

United Energy Effective Interest Rate on Debt % Chart

United Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 5.71 147.69

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 200.00 186.67 200.00 186.67 173.33

UNRG vs GLYE: Effective Interest Rate on Debt % Comparison

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

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

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

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


United Energy Effective Interest Rate on Debt % Calculation

United Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2009 )+Total Debt  (A: Mar. 2010 ))/ count )
=-1  *  -0.048/( (0.035+0.03)/ 2 )
=-1  *  -0.048/0.0325
=147.69 %

where

Total Debt  (A: Mar. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.035
=0.035

Total Debt  (A: Mar. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.03
=0.03

United Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2010 )+Total Debt  (Q: Dec. 2010 ))/ count )
=-1  *  -0.052/( (0.03+0.03)/ 2 )
=-1  *  -0.052/0.03
=173.33 %

where

Total Debt  (Q: Sep. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.03
=0.03

Total Debt  (Q: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.03
=0.03

* 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 (Dec. 2010) 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 173.33% mean?
United Energy (UNRG) has a Effective Interest Rate on Debt % of 173.33% as of Dec. 2010. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on United Energy and its competitors.
Is United Energy's Effective Interest Rate on Debt % too high?
United Energy's current Effective Interest Rate on Debt % is 173.33%.
How does United Energy's Effective Interest Rate on Debt % compare to GLYE?
United Energy's Effective Interest Rate on Debt % of 173.33% 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 United Energy and its competitors. United Energy's current Effective Interest Rate on Debt % is 173.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Energy stock overvalued right now?
United Energy (UNRG) has a current Effective Interest Rate on Debt % of 173.33%. The current Effective Interest Rate on Debt % is 173.33%. 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 United Energy (UNRG), the current Effective Interest Rate on Debt % is 173.33% as of Dec. 2010. 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.

United Energy Business Description

Industry EnergyOil & Gas
Address 101 East Park Boulevard, 6th Floor, Suite 600, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.