African Potash (LSE:AFPO) Effective Interest Rate on Debt % : 1.08% (As of Jun. 2016)

View and export this data going back to 2011. Start your Free Trial

What is African Potash 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. African Potash's annualized positive value of Interest Expense for the quarter that ended in Jun. 2016 was £0.01 Mil. African Potash's average total debt for the quarter that ended in Jun. 2016 was £0.74 Mil. Therefore, African Potash's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 was 1.08%.

African Potash Effective Interest Rate on Debt % Historical Data

The historical data trend for African Potash'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.

African Potash Effective Interest Rate on Debt % Chart

African Potash Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Effective Interest Rate on Debt %

11.17

African Potash Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				-	-	-	18.49	1.08

Competitive Comparison of African Potash's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, African Potash'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.

African Potash's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, African Potash's Effective Interest Rate on Debt % distribution charts can be found below:

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

African Potash Effective Interest Rate on Debt % Calculation

African Potash's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2015 )	+	Total Debt (A: Jun. 2016 ))	/ count )
=	-1 * -0.079	/	( (0	+	0.707)	/ 1 )
=	-1 * -0.079	/	0.707
=	11.17 %

where

	Total Debt (A: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.707
=	0.707

African Potash's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2015 )	+	Total Debt (Q: Jun. 2016 ))	/ count )
=	-1 * -0.008	/	( (0.768	+	0.707)	/ 2 )
=	-1 * -0.008	/	0.7375
=	1.08 %

where

	Total Debt (Q: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.768
=	0.768

	Total Debt (Q: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.707
=	0.707

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. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

African Potash (LSE:AFPO) Effective Interest Rate on Debt % Explanation

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

African Potash Effective Interest Rate on Debt % Related Terms

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

African Potash (LSE:AFPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » African Potash Ltd (LSE:AFPO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ

Website

http://www.blockcommodities.com

Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.

African Potash (LSE:AFPO) Headlines

No Headlines