AIM Energy (AIM Energy) Effective Interest Rate on Debt % : 5.74% (As of May. 2018)

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What is AIM 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. AIM Energy's annualized positive value of Interest Expense for the quarter that ended in May. 2018 was $0.08 Mil. AIM Energy's average total debt for the quarter that ended in May. 2018 was $1.32 Mil. Therefore, AIM Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2018 was 5.74%.

AIM Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for AIM 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.

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AIM Energy Effective Interest Rate on Debt % Chart

AIM Energy Annual Data

Trend

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Effective Interest Rate on Debt %

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26.27

133.94

20.39

AIM Energy Quarterly Data
	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.42	34.89	6.15	5.01	5.74

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

For the Thermal Coal subindustry, AIM 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.

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

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

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

AIM Energy Effective Interest Rate on Debt % Calculation

AIM Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2016 )	+	Total Debt (A: Aug. 2017 ))	/ count )
=	-1 * -0.14	/	( (0.694	+	0.679)	/ 2 )
=	-1 * -0.14	/	0.6865
=	20.39 %

where

	Total Debt (A: Aug. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.694
=	0.694

	Total Debt (A: Aug. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.679
=	0.679

AIM Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2018 )	+	Total Debt (Q: May. 2018 ))	/ count )
=	-1 * -0.076	/	( (1.282	+	1.365)	/ 2 )
=	-1 * -0.076	/	1.3235
=	5.74 %

where

	Total Debt (Q: Feb. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.282
=	1.282

	Total Debt (Q: May. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.365
=	1.365

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 (May. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

AIM Energy (OTCPK:AEXE) Effective Interest Rate on Debt % Explanation

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

AIM Energy Effective Interest Rate on Debt % Related Terms

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AIM Energy (AIM Energy) Business Description

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Address

170 S Green Valley Parkway, Suite 300, Henderson, NV, USA, 89012

Website

http://www.aimexploration.com

AIM Energy Inc is a junior mining exploration stage company. It is involved in the business of acquisition and exploration of mineral properties with the intent to take properties to production. Its projects include the anthracite coal project in Lajon city, Otuzco province, Peru.

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