BSHVF (Bushveld Minerals) Effective Interest Rate on Debt %: 10.22% (As of Jun. 2024)

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What is Bushveld Minerals Effective Interest Rate on Debt %?

Bushveld Minerals BSHVF -99.00% Effective Interest Rate on Debt % is 10.22% as of Jun. 2024.

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. Bushveld Minerals's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $11.9 Mil. Bushveld Minerals's average total debt for the quarter that ended in Jun. 2024 was $116.0 Mil. Therefore, Bushveld Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 10.22%.

Bushveld Minerals  (OTCPK:BSHVF) Effective Interest Rate on Debt % Explanation

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

Bushveld Minerals Effective Interest Rate on Debt % Related Terms

Bushveld Minerals Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Bushveld 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.

Bushveld Minerals Effective Interest Rate on Debt % Chart

Bushveld Minerals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 7.58 14.35 15.89 14.94

Bushveld Minerals Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 13.05 19.82 14.66 15.84 10.22

BSHVF vs NRHI, WOLV, MP: Effective Interest Rate on Debt % Comparison

For the Other Industrial Metals & Mining subindustry, Bushveld 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.

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

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

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


Bushveld Minerals Effective Interest Rate on Debt % Calculation

Bushveld Minerals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -14.748/( (90.412+107.003)/ 2 )
=-1  *  -14.748/98.7075
=14.94 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=41.993 + 48.419
=90.412

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.754 + 61.249
=107.003

Bushveld Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -11.858/( (107.003+125.001)/ 2 )
=-1  *  -11.858/116.002
=10.22 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.754 + 61.249
=107.003

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=119.055 + 5.946
=125.001

* 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 (Jun. 2024) 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 10.22% mean?
Bushveld Minerals (BSHVF) has a Effective Interest Rate on Debt % of 10.22% as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bushveld Minerals and its competitors.
Is Bushveld Minerals' Effective Interest Rate on Debt % too high?
Bushveld Minerals' current Effective Interest Rate on Debt % is 10.22%.
How does Bushveld Minerals' Effective Interest Rate on Debt % compare to NRHI and WOLV?
Bushveld Minerals' Effective Interest Rate on Debt % of 10.22% 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 Bushveld Minerals and its competitors. Bushveld Minerals's current Effective Interest Rate on Debt % is 10.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bushveld Minerals stock overvalued right now?
Bushveld Minerals (BSHVF) has a current Effective Interest Rate on Debt % of 10.22%. The current Effective Interest Rate on Debt % is 10.22%. 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 Bushveld Minerals (BSHVF), the current Effective Interest Rate on Debt % is 10.22% as of Jun. 2024. 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.

Bushveld Minerals Business Description

Address 9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116
Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).