Buffalo Coal (TSXV:BUF) Effective Interest Rate on Debt % : 7.09% (As of Sep. 2022)

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What is Buffalo Coal 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. Buffalo Coal's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was C$2.68 Mil. Buffalo Coal's average total debt for the quarter that ended in Sep. 2022 was C$37.77 Mil. Therefore, Buffalo Coal's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 7.09%.

Buffalo Coal Effective Interest Rate on Debt % Historical Data

The historical data trend for Buffalo Coal'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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Buffalo Coal Effective Interest Rate on Debt % Chart

Buffalo Coal Annual Data

Trend

Feb12

Feb13

Feb14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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9.75

9.97

7.39

8.39

6.78

Buffalo Coal Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.24	7.04	6.13	7.11	7.09

Competitive Comparison of Buffalo Coal's Effective Interest Rate on Debt %

For the Thermal Coal subindustry, Buffalo Coal'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.

Buffalo Coal's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Buffalo Coal's Effective Interest Rate on Debt % distribution charts can be found below:

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

Buffalo Coal Effective Interest Rate on Debt % Calculation

Buffalo Coal's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -2.485	/	( (35.932	+	37.359)	/ 2 )
=	-1 * -2.485	/	36.6455
=	6.78 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.079	+	4.853
=	35.932

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.015	+	37.344
=	37.359

Buffalo Coal's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Sep. 2022 ))	/ count )
=	-1 * -2.68	/	( (37.235	+	38.312)	/ 2 )
=	-1 * -2.68	/	37.7735
=	7.09 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.006	+	37.229
=	37.235

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.001	+	38.311
=	38.312

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Buffalo Coal (TSXV:BUF) Effective Interest Rate on Debt % Explanation

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

Buffalo Coal Effective Interest Rate on Debt % Related Terms

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Buffalo Coal (TSXV:BUF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Buffalo Coal Corp (TSXV:BUF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Greytown Road, Industrial area, KwaZulu Natal, Dundee, ZAF, 3000

Website

http://www.buffalocoal.co.za

Buffalo Coal Corp is a Canadian based company, that operates as a producer of thermal and metallurgical coal. The business activity of the company includes the supply of thermal coal, anthracite and calcine into both Canadian and international markets. The company holds an interest in two operating mines which are Magdalena bituminous mine and Aviemore anthracite mine.

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