Linc Energy (ASX:LNC) Effective Interest Rate on Debt % : 13.97% (As of Dec. 2015)

View and export this data going back to . Start your Free Trial

What is Linc 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. Linc Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2015 was A$101.77 Mil. Linc Energy's average total debt for the quarter that ended in Dec. 2015 was A$728.50 Mil. Therefore, Linc Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 was 13.97%.

Linc Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Linc 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.

* Premium members only.

Linc Energy Effective Interest Rate on Debt % Chart

Linc Energy Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.68

7.54

14.60

14.37

15.00

Linc Energy Quarterly Data
	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.56	12.08	13.24	13.76	13.97

Competitive Comparison of Linc Energy's Effective Interest Rate on Debt %

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

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

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

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

Linc Energy Effective Interest Rate on Debt % Calculation

Linc Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2014 )	+	Total Debt (A: Jun. 2015 ))	/ count )
=	-1 * -86.796	/	( (499.685	+	657.942)	/ 2 )
=	-1 * -86.796	/	578.8135
=	15.00 %

where

	Total Debt (A: Jun. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	337.026	+	162.659
=	499.685

	Total Debt (A: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	483.542	+	174.4
=	657.942

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2015 )	+	Total Debt (Q: Dec. 2015 ))	/ count )
=	-1 * -101.772	/	( (730.624	+	726.367)	/ 2 )
=	-1 * -101.772	/	728.4955
=	13.97 %

where

	Total Debt (Q: Sep. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	533.311	+	197.313
=	730.624

	Total Debt (Q: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	537.853	+	188.514
=	726.367

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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Linc Energy (ASX:LNC) Effective Interest Rate on Debt % Explanation

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

Linc Energy Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Linc Energy's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Linc Energy (ASX:LNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linc Energy Ltd. (ASX:LNC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000

Website

http://www.lincenergy.com

Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.