GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Sun Mining Corp (FRA:LM8A) » Definitions » Effective Interest Rate on Debt %

Northern Sun Mining (FRA:LM8A) Effective Interest Rate on Debt % : 13.78% (As of Dec. 2015)


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

What is Northern Sun 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. Northern Sun Mining's annualized positive value of Interest Expense for the quarter that ended in Dec. 2015 was €14.50 Mil. Northern Sun Mining's average total debt for the quarter that ended in Dec. 2015 was €105.17 Mil. Therefore, Northern Sun Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 was 13.78%.


Northern Sun Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Northern Sun 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.

* Premium members only.

Northern Sun Mining Effective Interest Rate on Debt % Chart

Northern Sun Mining Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.35 13.82 11.73 13.72 13.49

Northern Sun Mining Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.08 14.02 13.62 13.47 13.78

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

For the Other Industrial Metals & Mining subindustry, Northern Sun 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.


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

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

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



Northern Sun Mining Effective Interest Rate on Debt % Calculation

Northern Sun Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  -13.62/( (94.796+107.197)/ 2 )
=-1  *  -13.62/100.9965
=13.49 %

where

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.045 + 94.751
=94.796

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.023 + 107.174
=107.197

Northern Sun Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2015 )+Total Debt  (Q: Dec. 2015 ))/ count )
=-1  *  -14.496/( (103.138+107.197)/ 2 )
=-1  *  -14.496/105.1675
=13.78 %

where

Total Debt  (Q: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.026 + 103.112
=103.138

Total Debt  (Q: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.023 + 107.174
=107.197

* 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.

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 (Dec. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Northern Sun Mining  (FRA:LM8A) Effective Interest Rate on Debt % Explanation

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


Northern Sun Mining Effective Interest Rate on Debt % Related Terms

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


Northern Sun Mining (FRA:LM8A) Business Description

Traded in Other Exchanges
N/A
Address
Liberty Mines Inc., is engaged in exploration, development and production of nickel and related base metals from its properties in Ontario, Canada. The Company is also involved in the exploration for and development of mineral resources.

Northern Sun Mining (FRA:LM8A) Headlines

No Headlines