CCRRF (Green River Gold) Effective Interest Rate on Debt %: 11.82% (As of Jun. 2024)

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What is Green River Gold Effective Interest Rate on Debt %?

Green River Gold CCRRF Effective Interest Rate on Debt % is 11.82% 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. Green River Gold's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $0.02 Mil. Green River Gold's average total debt for the quarter that ended in Jun. 2024 was $0.20 Mil. Therefore, Green River Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 11.82%.


Green River Gold  (OTCPK:CCRRF) Effective Interest Rate on Debt % Explanation

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


Green River Gold Effective Interest Rate on Debt % Related Terms


Green River Gold Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Green River Gold'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.

Green River Gold Effective Interest Rate on Debt % Chart

Green River Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 11.48 8.17 11.13 19.53

Green River Gold Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 10.08 7.90 20.62 13.18 11.82

CCRRF vs TSCO, WSM, ULTA: Effective Interest Rate on Debt % Comparison

For the Specialty Retail subindustry, Green River Gold'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.


Green River Gold Effective Interest Rate on Debt % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Green River Gold's Effective Interest Rate on Debt % distribution charts can be found below:

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



Green River Gold Effective Interest Rate on Debt % Calculation

Green River Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -0.029/( (0.118+0.179)/ 2 )
=-1  *  -0.029/0.1485
=19.53 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.106 + 0.012
=0.118

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.121 + 0.058
=0.179

Green River Gold'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: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -0.024/( (0.216+0.19)/ 2 )
=-1  *  -0.024/0.203
=11.82 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.12 + 0.096
=0.216

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.123 + 0.067
=0.19

* 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 (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 11.82% mean?
Green River Gold (CCRRF) has a Effective Interest Rate on Debt % of 11.82% as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Green River Gold and its competitors.
Is Green River Gold's Effective Interest Rate on Debt % too high?
Green River Gold's current Effective Interest Rate on Debt % is 11.82%.
How does Green River Gold's Effective Interest Rate on Debt % compare to TSCO and WSM?
Green River Gold's Effective Interest Rate on Debt % of 11.82% can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Effective Interest Rate on Debt % depends on the Retail - Cyclical 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 Green River Gold and its competitors. Green River Gold's current Effective Interest Rate on Debt % is 11.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green River Gold stock overvalued right now?
Green River Gold (CCRRF) has a current Effective Interest Rate on Debt % of 11.82%. The current Effective Interest Rate on Debt % is 11.82%. 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 Green River Gold (CCRRF), the current Effective Interest Rate on Debt % is 11.82% 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.

Green River Gold Business Description

Address 6220 Fulton Road NW, Suite 115, Edmonton, AB, CAN, T6A 3T4
Green River Gold Corp is engaged in the business of location, acquisition, exploration, and development of mineral properties, including alluvial gold properties. Its operating segments are retail division and mining division. The majority of its revenue comes from the Retail segment, which sells larger mining equipment, including refurbished used mining equipment and new equipment manufactured by a related Company.