Rhyolite Resources (Rhyolite Resources) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Rhyolite 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. Rhyolite Resources's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. Rhyolite Resources's average total debt for the quarter that ended in Mar. 2024 was $0.00 Mil. Therefore, Rhyolite Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was N/A%.

Rhyolite Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Rhyolite 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.

* Premium members only.

Rhyolite Resources Effective Interest Rate on Debt % Chart

Rhyolite Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

10.93

6.56

Rhyolite Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.01	11.73	7.10	-	-

Competitive Comparison of Rhyolite Resources's Effective Interest Rate on Debt %

For the Gold subindustry, Rhyolite 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.

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

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

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

Rhyolite Resources Effective Interest Rate on Debt % Calculation

Rhyolite Resources'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 * -0.012	/	( (0.183	+	0)	/ 1 )
=	-1 * -0.012	/	0.183
=	6.56 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.146	+	0.037
=	0.183

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Rhyolite Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Rhyolite Resources (OTCPK:RHRYF) Effective Interest Rate on Debt % Explanation

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

Rhyolite Resources Effective Interest Rate on Debt % Related Terms

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

Rhyolite Resources (Rhyolite Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rhyolite Resources Ltd (OTCPK:RHRYF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

RYE:Canada

Address

1111 Melville Street, Suite 620, Three Bentall Centre, Vancouver, BC, CAN, V6E 3V6

Website

https://www.rhyoliteresources.com

Rhyolite Resources Ltd is a Canada-based exploration company. It is engaged in the acquisition and exploration of mineral properties in the United States. The company focuses on the Paxson Project in Alaska and an option to earn up to interest in the Brothers Project in Suriname.