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Star Alliance International (Star Alliance International) Effective Interest Rate on Debt % : 65.19% (As of Dec. 2023)


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What is Star Alliance International 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. Star Alliance International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.44 Mil. Star Alliance International's average total debt for the quarter that ended in Dec. 2023 was $0.68 Mil. Therefore, Star Alliance International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 65.19%.


Star Alliance International Effective Interest Rate on Debt % Historical Data

The historical data trend for Star Alliance International'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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Star Alliance International Effective Interest Rate on Debt % Chart

Star Alliance International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 1.92 2.28 58.41 53.32

Star Alliance International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.89 6.52 32.45 40.63 65.19

Competitive Comparison of Star Alliance International's Effective Interest Rate on Debt %

For the Gold subindustry, Star Alliance International'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.


Star Alliance International's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Star Alliance International's Effective Interest Rate on Debt % falls into.



Star Alliance International Effective Interest Rate on Debt % Calculation

Star Alliance International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.309/( (0.518+0.641)/ 2 )
=-1  *  -0.309/0.5795
=53.32 %

where

Star Alliance International'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  *  -0.44/( (0.639+0.711)/ 2 )
=-1  *  -0.44/0.675
=65.19 %

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.


Star Alliance International  (OTCPK:STAL) Effective Interest Rate on Debt % Explanation

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


Star Alliance International Effective Interest Rate on Debt % Related Terms

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Star Alliance International (Star Alliance International) Business Description

Traded in Other Exchanges
N/A
Address
2900 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102
Star Alliance International Corp is a United States-based holding company that invests in the mining business. Through its subsidiary, it is engaged in the acquisition and development of gold mining and other mineral mining properties. The company's project includes the Troy mine, Nigeria gold and lithium mining, and Magma International. companies subsidiary is Compania Minera metalurgica which is an acquired gold mining company. one of the projects is called the genesis system which helps to Gold Extraction System accelerate the rate of dissolution of gold to nearly an immediate rate.
Executives
Richard Carey other: majority shareholder 708 CAPITOL AVE., CHEYENNE WY 82007