Infinito Gold (Infinito Gold) Effective Interest Rate on Debt % : 13.45% (As of Dec. 2014)

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

What is Infinito Gold 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. Infinito Gold's annualized positive value of Interest Expense for the quarter that ended in Dec. 2014 was $18.74 Mil. Infinito Gold's average total debt for the quarter that ended in Dec. 2014 was $139.28 Mil. Therefore, Infinito Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 was 13.45%.

Infinito Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for Infinito Gold'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.

Infinito Gold Effective Interest Rate on Debt % Chart

Infinito Gold Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

18.62

13.86

16.63

15.49

14.07

Infinito Gold Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.45	13.79	14.22	13.87	13.45

Competitive Comparison of Infinito Gold's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Infinito Gold'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.

Infinito Gold's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

Infinito Gold Effective Interest Rate on Debt % Calculation

Infinito Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2013 )	+	Total Debt (A: Mar. 2014 ))	/ count )
=	-1 * -17.625	/	( (121.183	+	129.392)	/ 2 )
=	-1 * -17.625	/	125.2875
=	14.07 %

where

	Total Debt (A: Mar. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	121.183
=	121.183

	Total Debt (A: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	129.392
=	129.392

Infinito Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2014 )	+	Total Debt (Q: Dec. 2014 ))	/ count )
=	-1 * -18.736	/	( (139.995	+	138.574)	/ 2 )
=	-1 * -18.736	/	139.2845
=	13.45 %

where

	Total Debt (Q: Sep. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	139.995
=	139.995

	Total Debt (Q: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	138.574
=	138.574

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. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Infinito Gold (OTCPK:IGFFF) Effective Interest Rate on Debt % Explanation

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

Infinito Gold Effective Interest Rate on Debt % Related Terms

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

Infinito Gold (Infinito Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Infinito Gold Ltd (OTCPK:IGFFF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1

Website

http://www.infinitogold.com

Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

Infinito Gold (Infinito Gold) Headlines

No Headlines