QMC Quantum Minerals (FRA:3LQ) Effective Interest Rate on Debt % : 0.00% (As of Feb. 2025)

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What is QMC Quantum Minerals 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. QMC Quantum Minerals's annualized positive value of Interest Expense for the quarter that ended in Feb. 2025 was €0.00 Mil. QMC Quantum Minerals's average total debt for the quarter that ended in Feb. 2025 was €0.08 Mil. Therefore, QMC Quantum Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 was 0.00%.

QMC Quantum Minerals Effective Interest Rate on Debt % Historical Data

The historical data trend for QMC Quantum Minerals'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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QMC Quantum Minerals Effective Interest Rate on Debt % Chart

QMC Quantum Minerals Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Effective Interest Rate on Debt %

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0.43

0.61

QMC Quantum Minerals Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
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Competitive Comparison of QMC Quantum Minerals's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, QMC Quantum Minerals'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.

QMC Quantum Minerals's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where QMC Quantum Minerals's Effective Interest Rate on Debt % falls into.

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QMC Quantum Minerals Effective Interest Rate on Debt % Calculation

QMC Quantum Minerals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2023 )	+	Total Debt (A: Aug. 2024 ))	/ count )
=	-1 * 0	/	( (0.13	+	0.109)	/ 2 )
=	-1 * 0	/	0.1195
=	0.00 %

where

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.13
=	0.13

	Total Debt (A: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.109
=	0.109

QMC Quantum Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2024 )	+	Total Debt (Q: Feb. 2025 ))	/ count )
=	-1 * 0	/	( (0.126	+	0.042)	/ 2 )
=	-1 * 0	/	0.084
=	0.00 %

where

	Total Debt (Q: Nov. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.126
=	0.126

	Total Debt (Q: Feb. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.042
=	0.042

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

QMC Quantum Minerals (FRA:3LQ) Effective Interest Rate on Debt % Explanation

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

QMC Quantum Minerals Effective Interest Rate on Debt % Related Terms

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QMC Quantum Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QMC Quantum Minerals Corp (FRA:3LQ) » Definitions » Effective Interest Rate on Debt %

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Address

1100 Melville Street, Suite 1540, Vancouver, BC, CAN, V6E 4A6

Website

https://www.qmcminerals.com

QMC Quantum Minerals Corp is a company engaged in the acquisition, exploration and development of resource properties. Its objective is to acquire, locate and develop economic deposits within the company's precious, base, rare metal resource properties of merit. The company's properties include the Irgon Lithium Mine Project, the Rocky Lake property, Rocky-Namew and Namew Lake properties.

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