Reunion Gold (TSXV:RGD) Effective Interest Rate on Debt % : 11.87% (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Reunion 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. Reunion Gold's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.07 Mil. Reunion Gold's average total debt for the quarter that ended in Dec. 2023 was C$0.61 Mil. Therefore, Reunion Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.87%.

Reunion Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for Reunion 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.

* Premium members only.

Reunion Gold Effective Interest Rate on Debt % Chart

Reunion Gold Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.44

12.57

7.42

11.56

Reunion Gold 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															23.59	11.95	12.18	12.45	11.87

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

For the Gold subindustry, Reunion 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.

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

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

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

Reunion Gold Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.078	/	( (0.725	+	0.625)	/ 2 )
=	-1 * -0.078	/	0.675
=	11.56 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.54	+	0.185
=	0.725

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.423	+	0.202
=	0.625

Reunion Gold'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 * -0.072	/	( (0.588	+	0.625)	/ 2 )
=	-1 * -0.072	/	0.6065
=	11.87 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.413	+	0.175
=	0.588

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.423	+	0.202
=	0.625

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.

Reunion Gold (TSXV:RGD) Effective Interest Rate on Debt % Explanation

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

Reunion Gold Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Reunion Gold's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Reunion Gold (TSXV:RGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reunion Gold Corp (TSXV:RGD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

RGDFF:USA RG7:Germany

Address

181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

http://www.reuniongold.com

Reunion Gold Corp is a Canadian gold exploration and development company. It is focused on the acquisition, exploration, and development of gold mineral properties in the Guiana Shield region in South America. The main projects of the company are Boulanger and Dorlin in French Guiana, Oko West in Guyana and NW Extension in Suriname.

Reunion Gold (TSXV:RGD) Headlines

No Headlines