CTGX Mining (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 %?

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 Effective Interest Rate on Debt % Historical Data

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.

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CTGX Mining Effective Interest Rate on Debt % Chart

CTGX Mining Annual Data

Trend

Mar03

Effective Interest Rate on Debt %

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

Competitive Comparison of CTGX Mining's Effective Interest Rate on Debt %

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's Effective Interest Rate on Debt % Distribution in the 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

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.

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

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CTGX Mining (CTGX Mining) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

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.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

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