Battle North Gold (Battle North Gold) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2021)

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What is Battle North 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. Battle North Gold's annualized positive value of Interest Expense for the quarter that ended in Mar. 2021 was $0.00 Mil. Battle North Gold's average total debt for the quarter that ended in Mar. 2021 was $0.51 Mil. Therefore, Battle North Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 was 0.00%.

Battle North Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for Battle North 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.

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Battle North Gold Effective Interest Rate on Debt % Chart

Battle North Gold Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

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12.53

1.88

14.93

33.62

Battle North Gold Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.22	36.94	11.83	10.09	-

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

For the Gold subindustry, Battle North 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.

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

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

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

Battle North Gold Effective Interest Rate on Debt % Calculation

Battle North Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2019 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -1.792	/	( (10.418	+	0.242)	/ 2 )
=	-1 * -1.792	/	5.33
=	33.62 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.235	+	10.183
=	10.418

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.099	+	0.143
=	0.242

Battle North Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2020 )	+	Total Debt (Q: Mar. 2021 ))	/ count )
=	-1 * 0	/	( (0.242	+	0.775)	/ 2 )
=	-1 * 0	/	0.5085
=	0.00 %

where

	Total Debt (Q: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.099	+	0.143
=	0.242

	Total Debt (Q: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.076	+	0.699
=	0.775

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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Battle North Gold (OTCPK:BNAUF) Effective Interest Rate on Debt % Explanation

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

Battle North Gold Effective Interest Rate on Debt % Related Terms

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Battle North Gold (Battle North Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Battle North Gold Corp (OTCPK:BNAUF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 King Street West, Suite 830, Toronto, ON, CAN, M5H 3T9

Website

http://www.battlenorthgold.com

Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.

Executives

Robert Ross Mcewen	other: See Footnote (1)	2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Lexam Explorations (u.s.a.) Inc.	other: See Footnote (1) below	99 GEORGE 3RD FLOOR TORONTO A6 M5A 2N4
Evanachan Ltd	10 percent owner, other: See Footnote (1)	99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4
Mcewen Trading Lp	other: See Footnote (1)	99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4