Colibri Resource (Colibri Resource) Effective Interest Rate on Debt % : 21.69% (As of Sep. 2023)

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What is Colibri Resource 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. Colibri Resource's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.25 Mil. Colibri Resource's average total debt for the quarter that ended in Sep. 2023 was $1.16 Mil. Therefore, Colibri Resource's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 21.69%.

Colibri Resource Effective Interest Rate on Debt % Historical Data

The historical data trend for Colibri Resource'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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Colibri Resource Effective Interest Rate on Debt % Chart

Colibri Resource Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Dec22

Effective Interest Rate on Debt %

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1.37

15.58

13.24

Colibri Resource Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.76	15.11	14.91	16.24	21.69

Competitive Comparison of Colibri Resource's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Colibri Resource'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.

Colibri Resource's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

Colibri Resource Effective Interest Rate on Debt % Calculation

Colibri Resource's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2020 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.163	/	( (1.091	+	1.372)	/ 2 )
=	-1 * -0.163	/	1.2315
=	13.24 %

where

	Total Debt (A: Nov. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.74	+	0.351
=	1.091

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.128	+	0.244
=	1.372

Colibri Resource's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.252	/	( (0.992	+	1.332)	/ 2 )
=	-1 * -0.252	/	1.162
=	21.69 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.796	+	0.196
=	0.992

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.287	+	0.045
=	1.332

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Colibri Resource (OTCPK:CRUCF) Effective Interest Rate on Debt % Explanation

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

Colibri Resource Effective Interest Rate on Debt % Related Terms

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Colibri Resource (Colibri Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Colibri Resource Corp (OTCPK:CRUCF) » Definitions » Effective Interest Rate on Debt %

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CBI:Canada

Address

105 Englehart Street, Suite 700, Dieppe, NB, CAN, E1A 8K2

Website

https://www.colibriresource.com

Colibri Resource Corp is a mineral resource exploration company. It is engaged in the process of acquiring and exploring precious mineral properties in Mexico. The properties of the company are Evelyn Gold, Diamante Gold & Silver, Pilar & Silver, Mezquite Gold, and Jackie Gold & Silver. The company operates in one reportable business segment, being the acquisition and exploration of mineral properties.

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