Equity Metals (Equity Metals) Effective Interest Rate on Debt % : 0.00% (As of Feb. 2024)

View and export this data going back to . Start your Free Trial

What is Equity Metals 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. Equity Metals's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $0.00 Mil. Equity Metals's average total debt for the quarter that ended in Feb. 2024 was $0.00 Mil. Therefore, Equity Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was N/A%.

Equity Metals Effective Interest Rate on Debt % Historical Data

The historical data trend for Equity Metals'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.

* Premium members only.

Equity Metals Effective Interest Rate on Debt % Chart

Equity Metals Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

Equity Metals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Equity Metals's Effective Interest Rate on Debt %

For the Other Precious Metals & Mining subindustry, Equity Metals'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.

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

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

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

Equity Metals Effective Interest Rate on Debt % Calculation

Equity Metals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Equity Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Equity Metals (OTCPK:EQMEF) Effective Interest Rate on Debt % Explanation

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

Equity Metals Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Equity Metals's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Equity Metals (Equity Metals) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

EGSD:Germany EQTY:Canada

Address

1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.equitymetalscorporation.com

Equity Metals Corp is engaged in the acquisition, exploration, and development of mineral and diamond properties in British Columbia, Saskatchewan and the Northwest Territories. It explores diamond, silver, and gold ores. The firm focuses on the exploration of diamonds on the Monument Property at Lac de Gras and gold and silver at the Silver Queen mine property, and also has interests in WO and La Ronge Silica project .

Equity Metals (Equity Metals) Headlines

From GuruFocus

Equity Metals Corporation, to Webcast Live at Battery & Precious Metals Virtual Investor Conference October 18th

By Value_Insider Value_Insider • 10-17-2022