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Australian Rare Earths (ASX:AR3) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2024)


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What is Australian Rare Earths 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. Australian Rare Earths's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$0.00 Mil. Australian Rare Earths's average total debt for the quarter that ended in Dec. 2024 was A$0.62 Mil. Therefore, Australian Rare Earths's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.00%.


Australian Rare Earths Effective Interest Rate on Debt % Historical Data

The historical data trend for Australian Rare Earths'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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Australian Rare Earths Effective Interest Rate on Debt % Chart

Australian Rare Earths Annual Data
Trend Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
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Australian Rare Earths Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Australian Rare Earths's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Australian Rare Earths'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.


Australian Rare Earths's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Australian Rare Earths's Effective Interest Rate on Debt % falls into.


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Australian Rare Earths Effective Interest Rate on Debt % Calculation

Australian Rare Earths's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  0/( (0.225+0.644)/ 2 )
=-1  *  0/0.4345
=0.00 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.169 + 0.056
=0.225

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.508 + 0.136
=0.644

Australian Rare Earths's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  0/( (0.644+0.605)/ 2 )
=-1  *  0/0.6245
=0.00 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.508 + 0.136
=0.644

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.46 + 0.145
=0.605

* 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 two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Australian Rare Earths  (ASX:AR3) Effective Interest Rate on Debt % Explanation

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


Australian Rare Earths Effective Interest Rate on Debt % Related Terms

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Australian Rare Earths Business Description

Traded in Other Exchanges
N/A
Address
111 Gawler Place, Level 10, Adelaide, SA, AUS, 5000
Australian Rare Earths Ltd is engaged in rare earth exploration and development. Its Koppamurra Project is a frontier ionic clay, rare earth opportunity in South Australia and Victoria.

Australian Rare Earths Headlines

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