Troilus Gold (Troilus Gold) Effective Interest Rate on Debt % : 11.70% (As of Oct. 2023)

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What is Troilus 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. Troilus Gold's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was $0.09 Mil. Troilus Gold's average total debt for the quarter that ended in Oct. 2023 was $0.75 Mil. Therefore, Troilus Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 11.70%.

Troilus Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for Troilus 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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Troilus Gold Effective Interest Rate on Debt % Chart

Troilus Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

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8.74

23.53

14.09

10.65

11.55

Troilus Gold Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.97	11.73	11.58	11.62	11.70

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

For the Other Industrial Metals & Mining subindustry, Troilus 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.

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

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

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

Troilus Gold Effective Interest Rate on Debt % Calculation

Troilus Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -0.103	/	( (0.971	+	0.812)	/ 2 )
=	-1 * -0.103	/	0.8915
=	11.55 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.428	+	0.543
=	0.971

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.291	+	0.521
=	0.812

Troilus Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2023 )	+	Total Debt (Q: Oct. 2023 ))	/ count )
=	-1 * -0.088	/	( (0.812	+	0.692)	/ 2 )
=	-1 * -0.088	/	0.752
=	11.70 %

where

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.291	+	0.521
=	0.812

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.241	+	0.451
=	0.692

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

Troilus Gold (OTCPK:CHXMF) Effective Interest Rate on Debt % Explanation

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

Troilus Gold Effective Interest Rate on Debt % Related Terms

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Troilus Gold (Troilus Gold) Business Description

Industry

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

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Traded in Other Exchanges

CM5R:Germany TLG:Canada

Address

715 Square Victoria, Suite 705, Montreal, QC, CAN, H2Y 2H7

Website

https://www.troilusgold.com

Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus project includes Z87 Looking Southwest, Water Treatment and Tailings, Town of Chibougamau, 43,500 Hectare Property, and others.