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Silver Hammer Mining (XCNQ:HAMR) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Silver Hammer Mining 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. Silver Hammer Mining's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.00 Mil. Silver Hammer Mining's average total debt for the quarter that ended in Dec. 2023 was C$0.00 Mil. Therefore, Silver Hammer Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.


Silver Hammer Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Silver Hammer Mining'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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Silver Hammer Mining Effective Interest Rate on Debt % Chart

Silver Hammer Mining Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
- - - -

Silver Hammer Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Silver Hammer Mining's Effective Interest Rate on Debt %

For the Silver subindustry, Silver Hammer Mining'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.


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

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

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



Silver Hammer Mining Effective Interest Rate on Debt % Calculation

Silver Hammer Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Silver Hammer Mining'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)/ 1 )
=-1  *  0/0
=N/A %

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.


Silver Hammer Mining  (XCNQ:HAMR) Effective Interest Rate on Debt % Explanation

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


Silver Hammer Mining Effective Interest Rate on Debt % Related Terms

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Silver Hammer Mining (XCNQ:HAMR) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
Silver Hammer Mining Corp is engaged in the business of exploration of mineral properties in Canada. Its principal property is the Lacy Property. Its projects include the Silver Strand project, the Eliza silver project, the Silverton silver mine project, and the Lacy project.

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