CHCX (CTGX Mining) Effective Interest Rate on Debt %: 0.00% (As of Jan. 2005)

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What is CTGX Mining Effective Interest Rate on Debt %?

CTGX Mining CHCX Effective Interest Rate on Debt % is 0.00% as of Jan. 2005.

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. CTGX Mining's annualized positive value of Interest Expense for the quarter that ended in Jan. 2005 was $0.00 Mil. CTGX Mining's average total debt for the quarter that ended in Jan. 2005 was $0.24 Mil. Therefore, CTGX Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2005 was 0.00%.

CTGX Mining  (OTCPK:CHCX) Effective Interest Rate on Debt % Explanation

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

CTGX Mining Effective Interest Rate on Debt % Related Terms

CTGX Mining Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for CTGX Mining'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.

CTGX Mining Effective Interest Rate on Debt % Chart

CTGX Mining Annual Data
Trend Mar03
Effective Interest Rate on Debt %
0.00

CTGX Mining Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jul04 Oct04 Jan05
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CTGX Mining Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, CTGX Mining'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.

CTGX Mining Effective Interest Rate on Debt % vs Metals & Mining Industry

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

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


CTGX Mining Effective Interest Rate on Debt % Calculation

CTGX Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2003 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: Mar. 2003 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: Mar. 2003 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

CTGX Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2005 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2004 )+Total Debt  (Q: Jan. 2005 ))/ count )
=-1  *  0/( (0.071+0.405)/ 2 )
=-1  *  0/0.238
=0.00 %

where

Total Debt  (Q: Oct. 2004 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.071
=0.071

Total Debt  (Q: Jan. 2005 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.405
=0.405

* 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 (Jan. 2005) 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 0.00% mean?
CTGX Mining (CHCX) has a Effective Interest Rate on Debt % of 0.00% as of Jan. 2005. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CTGX Mining and its competitors.
Is CTGX Mining's Effective Interest Rate on Debt % too high?
CTGX Mining's current Effective Interest Rate on Debt % is 0.00%.
How does CTGX Mining's Effective Interest Rate on Debt % compare to competitors?
CTGX Mining's Effective Interest Rate on Debt % of 0.00% 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 CTGX Mining and its competitors. CTGX Mining's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTGX Mining stock overvalued right now?
CTGX Mining (CHCX) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 CTGX Mining (CHCX), the current Effective Interest Rate on Debt % is 0.00% as of Jan. 2005. 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.

CTGX Mining Business Description

Address 1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034
CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.