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

Velox Energy Materials (TSXV:VLX) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


View and export this data going back to 1984. Start your Free Trial

What is Velox Energy Materials 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. Velox Energy Materials's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.00 Mil. Velox Energy Materials's average total debt for the quarter that ended in Dec. 2023 was C$0.03 Mil. Therefore, Velox Energy Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Velox Energy Materials Effective Interest Rate on Debt % Historical Data

The historical data trend for Velox Energy Materials'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.

Velox Energy Materials Effective Interest Rate on Debt % Chart

Velox Energy Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Velox Energy Materials 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Velox Energy Materials's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Velox Energy Materials'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.


Velox Energy Materials's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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



Velox Energy Materials Effective Interest Rate on Debt % Calculation

Velox Energy Materials'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+0.025)/ 1 )
=-1  *  0/0.025
=0.00 %

where

Velox Energy Materials'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/( (0+0.025)/ 1 )
=-1  *  0/0.025
=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 four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Velox Energy Materials  (TSXV:VLX) Effective Interest Rate on Debt % Explanation

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


Velox Energy Materials Effective Interest Rate on Debt % Related Terms

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


Velox Energy Materials (TSXV:VLX) Business Description

Traded in Other Exchanges
Address
401 Bay Street, P.O. BOX 4, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Velox Energy Materials Inc is an exploration and development company. It has focused on energy materials solutions for the global transition to net zero. The company's immediate focus is the North Queensland Vanadium Project in Queensland, Australia, Kotai Hydrogen project and Mineral Resources and Ore Reserves.

Velox Energy Materials (TSXV:VLX) Headlines

No Headlines