Sherritt International (FRA:HRT) Effective Interest Rate on Debt % : 9.09% (As of Mar. 2025)

View and export this data going back to 2006. Start your Free Trial

What is Sherritt International 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. Sherritt International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was €22.9 Mil. Sherritt International's average total debt for the quarter that ended in Mar. 2025 was €252.5 Mil. Therefore, Sherritt International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 9.09%.

Sherritt International Effective Interest Rate on Debt % Historical Data

The historical data trend for Sherritt International'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.

Sherritt International Effective Interest Rate on Debt % Chart

Sherritt International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

9.46

10.23

11.27

9.64

10.02

Sherritt International Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.05	10.67	10.16	9.91	9.09

Competitive Comparison of Sherritt International's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.

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

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

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

Save Embed

;

Save Embed

;

Sherritt International Effective Interest Rate on Debt % Calculation

Sherritt International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -25.405	/	( (250.575	+	256.262)	/ 2 )
=	-1 * -25.405	/	253.4185
=	10.02 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	210.453	+	40.122
=	250.575

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	209.809	+	46.453
=	256.262

Sherritt International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -22.94	/	( (256.262	+	248.646)	/ 2 )
=	-1 * -22.94	/	252.454
=	9.09 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	209.809	+	46.453
=	256.262

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	203.93	+	44.716
=	248.646

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

Sherritt International (FRA:HRT) Effective Interest Rate on Debt % Explanation

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

Sherritt International Effective Interest Rate on Debt % Related Terms

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

Sherritt International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sherritt International Corp (FRA:HRT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SHERF:USA HRT:Germany S:Canada

Address

22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3

Website

https://www.sherritt.com

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Europe, Asia, Cuba, North America, and others regions. Its segment includes Metals, Power, Oil and Gas, Technologies and Corporate. The Metals segment which generates the majority of the revenue is composed of mining, processing and refining activities of nickel and cobalt for its interest in Moa JV in Cuba and Canada. The Power segment represents the power operations in Cuba, including its interest in Energas; The Oil and Gas segment is exploring for oil and gas in Cuba and the Technologies segment represents the its technology group which delivers essential technical support for its operations.