Badlands Resources (Badlands Resources) Effective Interest Rate on Debt % : 11.06% (As of Dec. 2023)

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What is Badlands Resources 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. Badlands Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.01 Mil. Badlands Resources's average total debt for the quarter that ended in Dec. 2023 was $0.11 Mil. Therefore, Badlands Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.06%.

Badlands Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Badlands Resources'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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Badlands Resources Effective Interest Rate on Debt % Chart

Badlands Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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26.92

44.44

7.58

14.44

16.39

Badlands Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															17.14	7.84	9.52	5.67	11.06

Competitive Comparison of Badlands Resources's Effective Interest Rate on Debt %

For the Gold subindustry, Badlands Resources'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.

Badlands Resources's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

Badlands Resources Effective Interest Rate on Debt % Calculation

Badlands Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -0.01	/	( (0.085	+	0.037)	/ 2 )
=	-1 * -0.01	/	0.061
=	16.39 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.036	+	0.049
=	0.085

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.037
=	0.037

Badlands Resources'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 * -0.012	/	( (0.104	+	0.113)	/ 2 )
=	-1 * -0.012	/	0.1085
=	11.06 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.104
=	0.104

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.113
=	0.113

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.

Badlands Resources (OTCPK:BDLNF) Effective Interest Rate on Debt % Explanation

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

Badlands Resources Effective Interest Rate on Debt % Related Terms

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Badlands Resources (Badlands Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Badlands Resources Inc (OTCPK:BDLNF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

B7Q:Germany BLDS:Canada

Address

200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6

Website

https://www.mineralmountainresources.com

Badlands Resources Inc formerly Mineral Mountain Resources Ltd is an exploration-stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties in North America. Mineral Mountain is an advanced explorer with focus on development of gold projects with camp Scale potential, within cost effective, politically friendly, mining friendly regions of the United States. The company is focused on Rochford project located in the Rochford mining district of the Black Hills, South Dakota.

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