Canada Nickel Co (FRA:4E0) Effective Interest Rate on Debt % : 39.71% (As of Jan. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Canada Nickel Co 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. Canada Nickel Co's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was €6.02 Mil. Canada Nickel Co's average total debt for the quarter that ended in Jan. 2025 was €15.15 Mil. Therefore, Canada Nickel Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 39.71%.

Canada Nickel Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Canada Nickel Co'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.

Canada Nickel Co Effective Interest Rate on Debt % Chart

Canada Nickel Co Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

Effective Interest Rate on Debt %

7.46

11.96

17.62

Canada Nickel Co 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															22.17	4.40	41.46	24.74	39.71

Competitive Comparison of Canada Nickel Co's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co'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.

Canada Nickel Co's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canada Nickel Co's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Canada Nickel Co Effective Interest Rate on Debt % Calculation

Canada Nickel Co'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 * -2.297	/	( (11.657	+	14.422)	/ 2 )
=	-1 * -2.297	/	13.0395
=	17.62 %

where

	Total Debt (A: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.142	+	11.515
=	11.657

	Total Debt (A: Oct. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.098	+	14.324
=	14.422

Canada Nickel Co'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 * -6.016	/	( (14.422	+	15.881)	/ 2 )
=	-1 * -6.016	/	15.1515
=	39.71 %

where

	Total Debt (Q: Oct. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.098	+	14.324
=	14.422

	Total Debt (Q: Jan. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.088	+	15.793
=	15.881

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.

Canada Nickel Co (FRA:4E0) Effective Interest Rate on Debt % Explanation

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

Canada Nickel Co Effective Interest Rate on Debt % Related Terms

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

Canada Nickel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Nickel Co Inc (FRA:4E0) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CNIKF:USA 4E0:Germany CNC:Canada

Address

130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3

Website

https://www.canadanickel.com

Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.

Canada Nickel Co Headlines

No Headlines