G50 (ASX:G50) Effective Interest Rate on Debt % : 5.15% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is G50 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. G50's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.02 Mil. G50's average total debt for the quarter that ended in Dec. 2023 was A$0.43 Mil. Therefore, G50's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.15%.

G50 Effective Interest Rate on Debt % Historical Data

The historical data trend for G50'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.

G50 Effective Interest Rate on Debt % Chart

G50 Annual Data

Trend

Jun22

Jun23

Effective Interest Rate on Debt %

2.01

G50 Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	-	-	-	3.57	5.15

Competitive Comparison of G50's Effective Interest Rate on Debt %

For the Other Precious Metals & Mining subindustry, G50'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.

G50's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G50's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where G50's Effective Interest Rate on Debt % falls into.

G50 Effective Interest Rate on Debt % Calculation

G50's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.009	/	( (0	+	0.448)	/ 1 )
=	-1 * -0.009	/	0.448
=	2.01 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.364	+	0.084
=	0.448

G50's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.022	/	( (0.448	+	0.407)	/ 2 )
=	-1 * -0.022	/	0.4275
=	5.15 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.364	+	0.084
=	0.448

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.319	+	0.088
=	0.407

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

G50 (ASX:G50) Effective Interest Rate on Debt % Explanation

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

G50 Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of G50's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

G50 (ASX:G50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G50 Corp Ltd (ASX:G50) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Arthur Street, Suite 503, North Sydney, NSW, AUS, 2060

Website

https://www.gold50.com

Gold 50 Ltd is a mineral exploration and mining company focused on gold and silver projects. Some of its projects are the Golconda Project, the Spitfire Mine, the Broken Hills, the Caisson Project, and the Top Gun Project.

G50 (ASX:G50) Headlines

No Headlines