West Mining (FRA:1HL0) Effective Interest Rate on Debt % : 11.11% (As of Jan. 2025)

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What is West 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. West Mining's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was €0.00 Mil. West Mining's average total debt for the quarter that ended in Jan. 2025 was €0.04 Mil. Therefore, West Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 11.11%.

West Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for West 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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West Mining Effective Interest Rate on Debt % Chart

West Mining Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Effective Interest Rate on Debt %

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5.71

8.45

West Mining Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.59	10.53	11.43	12.50	11.11

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

For the Other Industrial Metals & Mining subindustry, West 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.

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

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

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

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West Mining Effective Interest Rate on Debt % Calculation

West Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2023 )	+	Total Debt (A: Oct. 2024 ))	/ count )
=	-1 * -0.003	/	( (0.035	+	0.036)	/ 2 )
=	-1 * -0.003	/	0.0355
=	8.45 %

where

	Total Debt (A: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.035
=	0.035

	Total Debt (A: Oct. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.036
=	0.036

West Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2024 )	+	Total Debt (Q: Jan. 2025 ))	/ count )
=	-1 * -0.004	/	( (0.036	+	0.036)	/ 2 )
=	-1 * -0.004	/	0.036
=	11.11 %

where

	Total Debt (Q: Oct. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.036
=	0.036

	Total Debt (Q: Jan. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.036
=	0.036

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

West Mining (FRA:1HL0) Effective Interest Rate on Debt % Explanation

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

West Mining Effective Interest Rate on Debt % Related Terms

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West Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » West Mining Corp (FRA:1HL0) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

WESMF:USA 1HL1:Germany WEST:Canada

Address

1011 West Cordova Street, Suite 4204, Vancouver, BC, CAN, V6C 0B2

Website

https://www.westminingcorp.ca

West Mining Corp is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral properties. The company is focused on its Kena gold projects in the Nelson Mining Division of south eastern British Columbia, its Spanish Mountain West and Junker gold projects located in northern British Columbia, and its BLUE COVE project located at the head of Fortune Bay, in southeast Newfoundland.

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