DFR Gold (TSXV:DFR) Effective Interest Rate on Debt % : 30.67% (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is DFR Gold 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. DFR Gold's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.78 Mil. DFR Gold's average total debt for the quarter that ended in Dec. 2023 was C$2.56 Mil. Therefore, DFR Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 30.67%.

DFR Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for DFR Gold'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.

DFR Gold Effective Interest Rate on Debt % Chart

DFR Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

15.51

DFR Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	86.98	-	30.67

Competitive Comparison of DFR Gold's Effective Interest Rate on Debt %

For the Other Precious Metals & Mining subindustry, DFR Gold'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.

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

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

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

DFR Gold Effective Interest Rate on Debt % Calculation

DFR Gold'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 * -0.195	/	( (0.008	+	2.507)	/ 2 )
=	-1 * -0.195	/	1.2575
=	15.51 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.008
=	0.008

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.507
=	2.507

DFR Gold'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.784	/	( (2.605	+	2.507)	/ 2 )
=	-1 * -0.784	/	2.556
=	30.67 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.605
=	2.605

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.507
=	2.507

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

DFR Gold (TSXV:DFR) Effective Interest Rate on Debt % Explanation

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

DFR Gold Effective Interest Rate on Debt % Related Terms

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

DFR Gold (TSXV:DFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DFR Gold Inc (TSXV:DFR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DFIFF:USA I13:Germany

Address

Le Mahe, Lot 223, Beau Vallon, MUS, 50810

Website

https://www.dfrgold.com

DFR Gold Inc is a mineral exploration company engaged in the exploration and evaluation of mineral properties in Namibia, Madagascar, and worldwide. It is engaged in the development of the Namibia Diamond project, Madagascar Zircon project, Atlantis II Red Sea project, and Other projects.

DFR Gold (TSXV:DFR) Headlines

No Headlines