Arian Resources (Arian Resources) Effective Interest Rate on Debt % : 11.94% (As of Nov. 2016)

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

What is Arian Resources 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. Arian Resources's annualized positive value of Interest Expense for the quarter that ended in Nov. 2016 was $0.00 Mil. Arian Resources's average total debt for the quarter that ended in Nov. 2016 was $0.03 Mil. Therefore, Arian Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2016 was 11.94%.

Arian Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Arian Resources'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.

Arian Resources Effective Interest Rate on Debt % Chart

Arian Resources Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

May16

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.60

5.75

Arian Resources Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															27.59	13.56	13.33	20.00	11.94

Competitive Comparison of Arian Resources's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Arian Resources'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.

Arian Resources's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arian Resources's Effective Interest Rate on Debt % distribution charts can be found below:

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

Arian Resources Effective Interest Rate on Debt % Calculation

Arian Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2015 )	+	Total Debt (A: May. 2016 ))	/ count )
=	-1 * -0.005	/	( (0.087	+	0)	/ 1 )
=	-1 * -0.005	/	0.087
=	5.75 %

where

	Total Debt (A: May. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.087
=	0.087

	Total Debt (A: May. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Arian Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2016 )	+	Total Debt (Q: Nov. 2016 ))	/ count )
=	-1 * -0.004	/	( (0.02	+	0.047)	/ 2 )
=	-1 * -0.004	/	0.0335
=	11.94 %

where

	Total Debt (Q: Aug. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.02
=	0.02

	Total Debt (Q: Nov. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.047
=	0.047

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 (Nov. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Arian Resources (OTCPK:GNHRF) Effective Interest Rate on Debt % Explanation

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

Arian Resources Effective Interest Rate on Debt % Related Terms

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

Arian Resources (Arian Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arian Resources Corp (OTCPK:GNHRF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

http://www.arianresources.com

Arian Resources Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, platinum group elements, chromite, and copper ores. It holds interests in Albanian exploration projects located in Northern Albania and also owns interest in a copper mining exploitation permit located in Albania. It operates through Mineral exploration segment and generates revenue from the same.

Arian Resources (Arian Resources) Headlines

No Headlines