GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vatic Ventures Corp (OTCPK:VCVVF) » Definitions » Effective Interest Rate on Debt %

Vatic Ventures (Vatic Ventures) Effective Interest Rate on Debt % : 0.00% (As of Nov. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Vatic Ventures 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. Vatic Ventures's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was $0.00 Mil. Vatic Ventures's average total debt for the quarter that ended in Nov. 2023 was $0.15 Mil. Therefore, Vatic Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 0.00%.


Vatic Ventures Effective Interest Rate on Debt % Historical Data

The historical data trend for Vatic Ventures'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.

Vatic Ventures Effective Interest Rate on Debt % Chart

Vatic Ventures Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.68 3.06 -

Vatic Ventures Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

Competitive Comparison of Vatic Ventures's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Vatic Ventures'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.


Vatic Ventures's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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



Vatic Ventures Effective Interest Rate on Debt % Calculation

Vatic Ventures's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2022 )+Total Debt  (A: Feb. 2023 ))/ count )
=-1  *  0/( (0.047+0.045)/ 2 )
=-1  *  0/0.046
=0.00 %

where

Vatic Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2023 )+Total Debt  (Q: Nov. 2023 ))/ count )
=-1  *  0/( (0.136+0.167)/ 2 )
=-1  *  0/0.1515
=0.00 %

where

Total Debt  (Q: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.045 + 0.091
=0.136

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.044 + 0.123
=0.167

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


Vatic Ventures  (OTCPK:VCVVF) Effective Interest Rate on Debt % Explanation

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


Vatic Ventures Effective Interest Rate on Debt % Related Terms

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


Vatic Ventures (Vatic Ventures) Business Description

Traded in Other Exchanges
Address
1400 - 1040 West Georgia Street, Vancouver, BC, CAN, V6E 4H1
Vatic Ventures Corp is engaged in the acquisition, exploration, and development of mineral properties.

Vatic Ventures (Vatic Ventures) Headlines

No Headlines