AURQF (Aurelius Minerals) Effective Interest Rate on Debt %: 9.00% (As of Sep. 2022)

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What is Aurelius Minerals Effective Interest Rate on Debt %?

Aurelius Minerals AURQF +50.00% Effective Interest Rate on Debt % is 9.00% as of Sep. 2022.

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. Aurelius Minerals's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.03 Mil. Aurelius Minerals's average total debt for the quarter that ended in Sep. 2022 was $0.31 Mil. Therefore, Aurelius Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 9.00%.

Aurelius Minerals  (OTCPK:AURQF) Effective Interest Rate on Debt % Explanation

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

Aurelius Minerals Effective Interest Rate on Debt % Related Terms

Aurelius Minerals Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Aurelius Minerals'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.

Aurelius Minerals Effective Interest Rate on Debt % Chart

Aurelius Minerals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 6.05 8.94

Aurelius Minerals Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 8.14 8.89 9.55 9.18 9.00

AURQF vs NEM: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, Aurelius Minerals'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.

Aurelius Minerals Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


Aurelius Minerals Effective Interest Rate on Debt % Calculation

Aurelius Minerals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -0.027/( (0.215+0.389)/ 2 )
=-1  *  -0.027/0.302
=8.94 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.158 + 0.057
=0.215

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.281 + 0.108
=0.389

Aurelius Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -0.028/( (0.332+0.29)/ 2 )
=-1  *  -0.028/0.311
=9.00 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.216 + 0.116
=0.332

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.124 + 0.166
=0.29

* 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 (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 9.00% mean?
Aurelius Minerals (AURQF) has a Effective Interest Rate on Debt % of 9.00% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Aurelius Minerals and its competitors.
Is Aurelius Minerals' Effective Interest Rate on Debt % too high?
Aurelius Minerals' current Effective Interest Rate on Debt % is 9.00%.
How does Aurelius Minerals' Effective Interest Rate on Debt % compare to NEM?
Aurelius Minerals' Effective Interest Rate on Debt % of 9.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Aurelius Minerals and its competitors. Aurelius Minerals's current Effective Interest Rate on Debt % is 9.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurelius Minerals stock overvalued right now?
Aurelius Minerals (AURQF) has a current Effective Interest Rate on Debt % of 9.00%. The current Effective Interest Rate on Debt % is 9.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Aurelius Minerals (AURQF), the current Effective Interest Rate on Debt % is 9.00% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aurelius Minerals Business Description

Address 110 Yonge Street, Suite 1900, Toronto, ON, CAN, M5C 1T4
Aurelius Minerals Inc is a gold exploration company which holds the Aureus Gold Properties, including Aureus East and West and the Forest Hill Gold Project located in Nova Scotia. The company also holds a gold project in the Abitibi Greenstone Belt in Ontario, Canada; the 968- hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend.