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Argos Resources (Argos Resources) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2022)


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What is Argos 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. Argos Resources's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $0.00 Mil. Argos Resources's average total debt for the quarter that ended in Jun. 2022 was $0.00 Mil. Therefore, Argos Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was N/A%.


Argos Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Argos 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.

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Argos Resources Effective Interest Rate on Debt % Chart

Argos Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
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Argos Resources Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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Competitive Comparison of Argos Resources's Effective Interest Rate on Debt %

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


Argos Resources's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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



Argos Resources Effective Interest Rate on Debt % Calculation

Argos Resources'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  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Argos Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Jun. 2022 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

* 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.

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


Argos Resources  (OTCPK:AORGF) Effective Interest Rate on Debt % Explanation

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


Argos Resources Effective Interest Rate on Debt % Related Terms

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Argos Resources (Argos Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
H Jones Road, Argos House, Stanley, FLK, FIQQ 1ZZ
Argos Resources Ltd is an oil and gas exploration company based in the Falkland Islands. Its principal asset is a 100 percent interest in production licence PL001 covering an area of approximately 1,126 square kilometres in the North Falkland Basin.

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