Noble Helium (FRA:GN1) Effective Interest Rate on Debt % : 13.08% (As of Dec. 2024)

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What is Noble Helium 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. Noble Helium's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €0.43 Mil. Noble Helium's average total debt for the quarter that ended in Dec. 2024 was €3.30 Mil. Therefore, Noble Helium's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 13.08%.

Noble Helium Effective Interest Rate on Debt % Historical Data

The historical data trend for Noble Helium'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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Noble Helium Effective Interest Rate on Debt % Chart

Noble Helium Annual Data

Trend

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

14.66

Noble Helium Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	15.07	14.91	13.08

Competitive Comparison of Noble Helium's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Noble Helium'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.

Noble Helium's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Noble Helium's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Noble Helium Effective Interest Rate on Debt % Calculation

Noble Helium's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -0.429	/	( (0	+	2.927)	/ 1 )
=	-1 * -0.429	/	2.927
=	14.66 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.035	+	2.892
=	2.927

Noble Helium's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.432	/	( (2.927	+	3.68)	/ 2 )
=	-1 * -0.432	/	3.3035
=	13.08 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.035	+	2.892
=	2.927

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.01	+	3.67
=	3.68

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 two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Noble Helium (FRA:GN1) Effective Interest Rate on Debt % Explanation

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

Noble Helium Effective Interest Rate on Debt % Related Terms

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Noble Helium Business Description

Industry

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NHE:Australia

Address

127 Creek street, Level 10, Brisbane, QLD, AUS, 4000

Website

https://www.noblehelium.com.au

Noble Helium Ltd is an Independent Helium exploration company In Australia with operations and explorations in Tanzania, East Africa. It is engaged in developing large new supplies of high-grade primary helium to diversify the supply chain for the rare and technologically vital gas. The company has three projects namely; North Rukwa Project, North Nyasa Project and Eyasi and Manyara Projects.

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