HHSRF (Hi Ho Silver Resources) Effective Interest Rate on Debt %: 2.92% (As of Apr. 2021)


What is Hi Ho Silver Resources Effective Interest Rate on Debt %?

Hi Ho Silver Resources HHSRF -99.75% Effective Interest Rate on Debt % is 2.92% as of Apr. 2021.

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. Hi Ho Silver Resources's annualized positive value of Interest Expense for the quarter that ended in Apr. 2021 was $0.01 Mil. Hi Ho Silver Resources's average total debt for the quarter that ended in Apr. 2021 was $0.27 Mil. Therefore, Hi Ho Silver Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2021 was 2.92%.

Hi Ho Silver Resources  (OTCPK:HHSRF) Effective Interest Rate on Debt % Explanation

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

Hi Ho Silver Resources Effective Interest Rate on Debt % Related Terms

Hi Ho Silver Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Hi Ho Silver Resources'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.

Hi Ho Silver Resources Effective Interest Rate on Debt % Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.45 12.54 26.76 0.00 17.89

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 4.98 33.73 4.93 1.16 2.92

Hi Ho Silver Resources Effective Interest Rate on Debt % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver Resources'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.

Hi Ho Silver Resources Effective Interest Rate on Debt % vs Metals & Mining Industry

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

* The bar in red indicates where Hi Ho Silver Resources's Effective Interest Rate on Debt % falls into.


Hi Ho Silver Resources Effective Interest Rate on Debt % Calculation

Hi Ho Silver Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2019 )+Total Debt  (A: Jul. 2020 ))/ count )
=-1  *  -0.034/( (0.06+0.32)/ 2 )
=-1  *  -0.034/0.19
=17.89 %

where

Total Debt  (A: Jul. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.06
=0.06

Total Debt  (A: Jul. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.081 + 0.239
=0.32

Hi Ho Silver Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2021 )+Total Debt  (Q: Apr. 2021 ))/ count )
=-1  *  -0.008/( (0.362+0.186)/ 2 )
=-1  *  -0.008/0.274
=2.92 %

where

Total Debt  (Q: Jan. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.125 + 0.237
=0.362

Total Debt  (Q: Apr. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.122 + 0.064
=0.186

* 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 (Apr. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 2.92% mean?
Hi Ho Silver Resources (HHSRF) has a Effective Interest Rate on Debt % of 2.92% as of Apr. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Hi Ho Silver Resources and its competitors.
Is Hi Ho Silver Resources' Effective Interest Rate on Debt % too high?
Hi Ho Silver Resources' current Effective Interest Rate on Debt % is 2.92%.
How does Hi Ho Silver Resources' Effective Interest Rate on Debt % compare to competitors?
Hi Ho Silver Resources' Effective Interest Rate on Debt % of 2.92% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Hi Ho Silver Resources and its competitors. Hi Ho Silver Resources's current Effective Interest Rate on Debt % is 2.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi Ho Silver Resources stock overvalued right now?
Hi Ho Silver Resources (HHSRF) has a current Effective Interest Rate on Debt % of 2.92%. The current Effective Interest Rate on Debt % is 2.92%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Hi Ho Silver Resources (HHSRF), the current Effective Interest Rate on Debt % is 2.92% as of Apr. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hi Ho Silver Resources Business Description

Address Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.