RBMTF (Rambler Metals and Mining) Effective Interest Rate on Debt % : 17.70% (As of Jun. 2022)

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What is Rambler Metals and 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. Rambler Metals and Mining's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $3.66 Mil. Rambler Metals and Mining's average total debt for the quarter that ended in Jun. 2022 was $20.70 Mil. Therefore, Rambler Metals and Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 17.70%.

Rambler Metals and Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Rambler Metals and 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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Rambler Metals and Mining Effective Interest Rate on Debt % Chart

Rambler Metals and Mining Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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2.93

9.02

10.66

14.53

14.33

Rambler Metals and Mining Semi-Annual Data
	Jul12	Jan13	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.07	16.04	28.47	9.41	17.70

Competitive Comparison of Rambler Metals and Mining's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Rambler Metals and 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.

Rambler Metals and Mining's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rambler Metals and Mining's Effective Interest Rate on Debt % falls into.

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Rambler Metals and Mining Effective Interest Rate on Debt % Calculation

Rambler Metals and Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -2.227	/	( (9.774	+	21.316)	/ 2 )
=	-1 * -2.227	/	15.545
=	14.33 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.645	+	5.129
=	9.774

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.798	+	3.518
=	21.316

Rambler Metals and Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2021 )	+	Total Debt (Q: Jun. 2022 ))	/ count )
=	-1 * -3.664	/	( (21.316	+	20.084)	/ 2 )
=	-1 * -3.664	/	20.7
=	17.70 %

where

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.798	+	3.518
=	21.316

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.709	+	8.375
=	20.084

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 two times the semi-annual (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Rambler Metals and Mining (OTCPK:RBMTF) Effective Interest Rate on Debt % Explanation

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

Rambler Metals and Mining Effective Interest Rate on Debt % Related Terms

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Rambler Metals and Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rambler Metals and Mining PLC (OTCPK:RBMTF) » Definitions » Effective Interest Rate on Debt %

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Address

3 Sheen Road, Richmond upon Thames, Surrey, GBR, TW9 1AD

Website

https://www.ramblermines.com

Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company earns most of the revenue from Canada.