AAG Energy Holdings (FRA:AAN) Effective Interest Rate on Debt % : 7.30% (As of Dec. 2022)

View and export this data going back to 2015. Start your Free Trial

What is AAG Energy Holdings 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. AAG Energy Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was €0.5 Mil. AAG Energy Holdings's average total debt for the quarter that ended in Dec. 2022 was €7.3 Mil. Therefore, AAG Energy Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 7.30%.

AAG Energy Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for AAG Energy Holdings'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.

AAG Energy Holdings Effective Interest Rate on Debt % Chart

AAG Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.84

6.24

7.05

6.91

7.03

AAG Energy Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													7.21	6.54	7.45	6.56	7.30

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

For the Oil & Gas E&P subindustry, AAG Energy Holdings'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.

AAG Energy Holdings's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

AAG Energy Holdings Effective Interest Rate on Debt % Calculation

AAG Energy Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.513	/	( (7.732	+	6.87)	/ 2 )
=	-1 * -0.513	/	7.301
=	7.03 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.824	+	1.908
=	7.732

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.592	+	1.278
=	6.87

AAG Energy Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * -0.536	/	( (7.809	+	6.87)	/ 2 )
=	-1 * -0.536	/	7.3395
=	7.30 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.336	+	1.473
=	7.809

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.592	+	1.278
=	6.87

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

AAG Energy Holdings (FRA:AAN) Effective Interest Rate on Debt % Explanation

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

AAG Energy Holdings Effective Interest Rate on Debt % Related Terms

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

AAG Energy Holdings (FRA:AAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AAG Energy Holdings Ltd (FRA:AAN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, Unit 2506, 25th Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG

Website

http://www.aagenergy.com

AAG Energy Holdings Ltd is an international energy company. It is engaged in the exploration, development, and production of coalbed methane (CBM) in the People's Republic of China. Its operating assets, the Panzhuang and Mabi concessions are located in the Southwestern part of the Qinshui Basin, which boasts CBM geological reserves of any basin in China. The Group conducts its business through two Production Sharing Contracts entered into with China United Coalbed Methane Corporation Ltd and China National Petroleum Corporation for Panzhuang and Mabi concessions respectively in Qinshui Basin, Shanxi Province of the PRC.