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Zinnwald Lithium (LSE:ZNWD) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Zinnwald Lithium 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. Zinnwald Lithium's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.00 Mil. Zinnwald Lithium's average total debt for the quarter that ended in Dec. 2023 was £0.07 Mil. Therefore, Zinnwald Lithium's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Zinnwald Lithium Effective Interest Rate on Debt % Historical Data

The historical data trend for Zinnwald Lithium'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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Zinnwald Lithium Effective Interest Rate on Debt % Chart

Zinnwald Lithium Annual Data
Trend Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Zinnwald Lithium Semi-Annual Data
Sep14 Sep15 Sep16 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Zinnwald Lithium's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Zinnwald Lithium'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.


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

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

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



Zinnwald Lithium Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (0.164+0.041)/ 2 )
=-1  *  0/0.1025
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.042 + 0.122
=0.164

Zinnwald Lithium'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/( (0.101+0.041)/ 2 )
=-1  *  0/0.071
=0.00 %

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


Zinnwald Lithium  (LSE:ZNWD) Effective Interest Rate on Debt % Explanation

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


Zinnwald Lithium Effective Interest Rate on Debt % Related Terms

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Zinnwald Lithium (LSE:ZNWD) Business Description

Traded in Other Exchanges
Address
29-31 Castle Street, High Wycombe, Buckinghamshire, GBR, HP13 6RU
Zinnwald Lithium PLC is a mineral exploration and development company. The company is focused on the Zinnwald Lithium Project in Germany to supply battery-grade lithium products. Also, the company holds 100% interest in the Abbeytown project. Geographically, it operates in UK, Ireland and Germany.

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