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Nevsun Resources (Nevsun Resources) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2018)


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What is Nevsun 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. Nevsun Resources's annualized positive value of Interest Expense for the quarter that ended in Sep. 2018 was $2.1 Mil. Nevsun Resources's average total debt for the quarter that ended in Sep. 2018 was $0.0 Mil. Therefore, Nevsun Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 was N/A%.


Nevsun Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Nevsun 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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Nevsun Resources Effective Interest Rate on Debt % Chart

Nevsun Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
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Nevsun Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Nevsun Resources's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Nevsun 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.


Nevsun Resources's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nevsun Resources's Effective Interest Rate on Debt % distribution charts can be found below:

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



Nevsun Resources Effective Interest Rate on Debt % Calculation

Nevsun Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  -1.944/( (0+0)/ 1 )
=-1  *  -1.944/0
=N/A %

where

Nevsun Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2018 )+Total Debt  (Q: Sep. 2018 ))/ count )
=-1  *  -2.076/( (0+0)/ 1 )
=-1  *  -2.076/0
=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 four times the quarterly (Sep. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nevsun Resources  (AMEX:NSU) Effective Interest Rate on Debt % Explanation

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


Nevsun Resources Effective Interest Rate on Debt % Related Terms

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Nevsun Resources (Nevsun Resources) Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Nevsun Resources Ltd is involved in acquisition, exploration, development and operation of mineral property interests. The company primarily engages in copper and zinc production at Bisha, a large, high-grade volcanogenic massive sulphide deposit located 150km west of Asmara, Eritrea, East Africa. The company generates revenue through the sale of copper and zinc concentrates which contain gold and silver by-products. Bisha is mined using conventional drill and blast open pit mining techniques to remove waste and deliver ore to the run of mine stock pile. Nevsun Resources also operates a high-grade copper and gold Timok project, a high-grade deposit located in the Bor mining district, in Serbia.

Nevsun Resources (Nevsun Resources) Headlines