American Cordillera Mining (American Cordillera Mining) Effective Interest Rate on Debt % : 5.63% (As of May. 2015)

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What is American Cordillera 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. American Cordillera Mining's annualized positive value of Interest Expense for the quarter that ended in May. 2015 was $0.00 Mil. American Cordillera Mining's average total debt for the quarter that ended in May. 2015 was $0.07 Mil. Therefore, American Cordillera Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2015 was 5.63%.

American Cordillera Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for American Cordillera 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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American Cordillera Mining Effective Interest Rate on Debt % Chart

American Cordillera Mining Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Nov13

Nov14

Effective Interest Rate on Debt %

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7.12

18.50

3.77

5.31

American Cordillera Mining Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.84	7.62	6.20	5.16	5.63

Competitive Comparison of American Cordillera Mining's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, American Cordillera 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.

American Cordillera Mining's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

American Cordillera Mining Effective Interest Rate on Debt % Calculation

American Cordillera Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2013 )	+	Total Debt (A: Nov. 2014 ))	/ count )
=	-1 * -0.003	/	( (0.038	+	0.075)	/ 2 )
=	-1 * -0.003	/	0.0565
=	5.31 %

where

	Total Debt (A: Nov. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.038
=	0.038

	Total Debt (A: Nov. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.075
=	0.075

American Cordillera Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2015 )	+	Total Debt (Q: May. 2015 ))	/ count )
=	-1 * -0.004	/	( (0.08	+	0.062)	/ 2 )
=	-1 * -0.004	/	0.071
=	5.63 %

where

	Total Debt (Q: Feb. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.08
=	0.08

	Total Debt (Q: May. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.062
=	0.062

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 (May. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

American Cordillera Mining (OTCPK:AUAG) Effective Interest Rate on Debt % Explanation

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

American Cordillera Mining Effective Interest Rate on Debt % Related Terms

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American Cordillera Mining (American Cordillera Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Cordillera Mining Corp (OTCPK:AUAG) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Website

http://amcormining.com

American Cordillera Mining Corp was incorporated on July 23, 1996 under the laws of the State of Nevada. The company acquires, import, market, and sell valuable antiquity and art items of Asian origin. These items include things like furniture, works of art, antiques, glass works, porcelain, statues, pottery, sculptures and other collectibles and collector items that have their origin in the Far East. They acquire pieces through a number of reputable agents and wholesale distribution sources in Hong Kong and the People's Republic of China.

Executives

Wah On Wong

director, officer: Secretary

ROOM 2204 22F WEST TOWER SHUN TAK CENTER, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -

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