CADIF (Cadillac Ventures) Effective Interest Rate on Debt %: 4.84% (As of Feb. 2021)


What is Cadillac Ventures Effective Interest Rate on Debt %?

Cadillac Ventures CADIF Effective Interest Rate on Debt % is 4.84% as of Feb. 2021.

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. Cadillac Ventures's annualized positive value of Interest Expense for the quarter that ended in Feb. 2021 was $0.02 Mil. Cadillac Ventures's average total debt for the quarter that ended in Feb. 2021 was $0.50 Mil. Therefore, Cadillac Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2021 was 4.84%.

Cadillac Ventures  (GREY:CADIF) Effective Interest Rate on Debt % Explanation

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

Cadillac Ventures Effective Interest Rate on Debt % Related Terms

Cadillac Ventures Effective Interest Rate on Debt % Historical Data

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The historical data trend for Cadillac Ventures'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.

Cadillac Ventures Effective Interest Rate on Debt % Chart

Cadillac Ventures Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.41 21.38 24.72 10.41 5.85

Cadillac Ventures Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
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 6.06 5.93 5.63 5.10 4.84

Cadillac Ventures Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Cadillac Ventures'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.

Cadillac Ventures Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


Cadillac Ventures Effective Interest Rate on Debt % Calculation

Cadillac Ventures's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2019 )+Total Debt  (A: May. 2020 ))/ count )
=-1  *  -0.023/( (0.374+0.412)/ 2 )
=-1  *  -0.023/0.393
=5.85 %

where

Total Debt  (A: May. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.374
=0.374

Total Debt  (A: May. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.029 + 0.383
=0.412

Cadillac Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2020 )+Total Debt  (Q: Feb. 2021 ))/ count )
=-1  *  -0.024/( (0.501+0.49)/ 2 )
=-1  *  -0.024/0.4955
=4.84 %

where

Total Debt  (Q: Nov. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.08 + 0.421
=0.501

Total Debt  (Q: Feb. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.05 + 0.44
=0.49

* 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 (Feb. 2021) 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 4.84% mean?
Cadillac Ventures (CADIF) has a Effective Interest Rate on Debt % of 4.84% as of Feb. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cadillac Ventures and its competitors.
Is Cadillac Ventures' Effective Interest Rate on Debt % too high?
Cadillac Ventures' current Effective Interest Rate on Debt % is 4.84%.
How does Cadillac Ventures' Effective Interest Rate on Debt % compare to competitors?
Cadillac Ventures' Effective Interest Rate on Debt % of 4.84% 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 Cadillac Ventures and its competitors. Cadillac Ventures's current Effective Interest Rate on Debt % is 4.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadillac Ventures stock overvalued right now?
Cadillac Ventures (CADIF) has a current Effective Interest Rate on Debt % of 4.84%. The current Effective Interest Rate on Debt % is 4.84%. 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 Cadillac Ventures (CADIF), the current Effective Interest Rate on Debt % is 4.84% as of Feb. 2021. 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.

Cadillac Ventures Business Description

Address 955 Brock Road, Unit 1b, Pickering, ON, CAN, L1W 2X9
Cadillac Ventures Inc is a development-focused exploration company operating in Canada. It is engaged in the exploration and development of mineral properties. The company owns an interest in Thierry Project located in Northwestern Ontario and Burnt Hill Project.