New Murchison Gold (ASX:NMG) Effective Interest Rate on Debt % : 8.21% (As of Mar. 2025)

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What is New Murchison 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. New Murchison Gold's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was A$0.01 Mil. New Murchison Gold's average total debt for the quarter that ended in Mar. 2025 was A$0.10 Mil. Therefore, New Murchison Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 8.21%.

New Murchison Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for New Murchison 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.

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New Murchison Gold Effective Interest Rate on Debt % Chart

New Murchison Gold Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Effective Interest Rate on Debt %

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8.09

6.40

6.35

5.85

6.47

New Murchison Gold Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.07	3.64	6.60	6.37	8.21

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

For the Other Industrial Metals & Mining subindustry, New Murchison 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.

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

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

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

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New Murchison Gold Effective Interest Rate on Debt % Calculation

New Murchison Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2023 )	+	Total Debt (A: Sep. 2024 ))	/ count )
=	-1 * -0.009	/	( (0.165	+	0.113)	/ 2 )
=	-1 * -0.009	/	0.139
=	6.47 %

where

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.111	+	0.054
=	0.165

	Total Debt (A: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.051	+	0.062
=	0.113

New Murchison Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -0.008	/	( (0.113	+	0.082)	/ 2 )
=	-1 * -0.008	/	0.0975
=	8.21 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.051	+	0.062
=	0.113

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.017	+	0.065
=	0.082

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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

New Murchison Gold (ASX:NMG) Effective Interest Rate on Debt % Explanation

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

New Murchison Gold Effective Interest Rate on Debt % Related Terms

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New Murchison Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Murchison Gold Ltd (ASX:NMG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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TJ30:Germany

Address

5 Ord Street, Level 2, Suite 8, West Perth, WA, AUS, 6005

Website

https://www.newmurchgold.com.au

New Murchison Gold Ltd Formerly Ora Gold Ltd is engaged in the mineral exploration industry in Australia. The company projects include Garden Gully; Red Bore and Keller Creek in Western Australia. The Garden Gully Gold Project represents an excellent opportunity for the discovery of a new gold camp in a region that has an established track record of hosting such occurrences.