BRVRF (Blue River Resources) Effective Interest Rate on Debt %: 6.67% (As of Jul. 2023)

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What is Blue River Resources Effective Interest Rate on Debt %?

Blue River Resources BRVRF -99.93% Effective Interest Rate on Debt % is 6.67% as of Jul. 2023.

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. Blue River Resources's annualized positive value of Interest Expense for the quarter that ended in Jul. 2023 was $0.00 Mil. Blue River Resources's average total debt for the quarter that ended in Jul. 2023 was $0.06 Mil. Therefore, Blue River Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 was 6.67%.

Blue River Resources  (OTCPK:BRVRF) Effective Interest Rate on Debt % Explanation

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

Blue River Resources Effective Interest Rate on Debt % Related Terms

Blue River Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Blue River 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.

Blue River Resources Effective Interest Rate on Debt % Chart

Blue River Resources Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.51 0.61 0.88 1.04

Blue River Resources Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 13.68 1.97 1.97 6.84 6.67

BRVRF vs FCX, SCCO: Effective Interest Rate on Debt % Comparison

For the Copper subindustry, Blue River 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.

Blue River Resources Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


Blue River Resources Effective Interest Rate on Debt % Calculation

Blue River Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2021 )+Total Debt  (A: Oct. 2022 ))/ count )
=-1  *  -0.005/( (0.609+0.348)/ 2 )
=-1  *  -0.005/0.4785
=1.04 %

where

Total Debt  (A: Oct. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.609
=0.609

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.348
=0.348

Blue River Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2023 )+Total Debt  (Q: Jul. 2023 ))/ count )
=-1  *  -0.004/( (0.059+0.061)/ 2 )
=-1  *  -0.004/0.06
=6.67 %

where

Total Debt  (Q: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.059
=0.059

Total Debt  (Q: Jul. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.061
=0.061

* 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 (Jul. 2023) 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 6.67% mean?
Blue River Resources (BRVRF) has a Effective Interest Rate on Debt % of 6.67% as of Jul. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Blue River Resources and its competitors.
Is Blue River Resources' Effective Interest Rate on Debt % too high?
Blue River Resources' current Effective Interest Rate on Debt % is 6.67%.
How does Blue River Resources' Effective Interest Rate on Debt % compare to FCX and SCCO?
Blue River Resources' Effective Interest Rate on Debt % of 6.67% 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 Blue River Resources and its competitors. Blue River Resources's current Effective Interest Rate on Debt % is 6.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue River Resources stock overvalued right now?
Blue River Resources (BRVRF) has a current Effective Interest Rate on Debt % of 6.67%. The current Effective Interest Rate on Debt % is 6.67%. 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 Blue River Resources (BRVRF), the current Effective Interest Rate on Debt % is 6.67% as of Jul. 2023. 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.

Blue River Resources Business Description

Address 1128 Alberni Street, Suite 2607, Vancouver, BC, CAN, V6E 4R6
Blue River Resources Ltd is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral resource properties. The firm explores copper and gold deposits. Its portfolio includes the following: SWB Mining Claims in Ontario and Castle Copper Project in British Columbia.