LCGMF (Lion Copper and Gold) Effective Interest Rate on Debt % : 30.81% (As of Sep. 2024)

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What is Lion Copper and 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. Lion Copper and Gold's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.32 Mil. Lion Copper and Gold's average total debt for the quarter that ended in Sep. 2024 was $1.03 Mil. Therefore, Lion Copper and Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 30.81%.

Lion Copper and Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for Lion Copper and 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.

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Lion Copper and Gold Effective Interest Rate on Debt % Chart

Lion Copper and Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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18.32

14.43

8.39

27.24

Lion Copper and Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															31.06	29.50	36.71	31.77	30.81

Competitive Comparison of Lion Copper and Gold's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Lion Copper and 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.

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

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

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

Lion Copper and Gold Effective Interest Rate on Debt % Calculation

Lion Copper and Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.892	/	( (3.005	+	3.544)	/ 2 )
=	-1 * -0.892	/	3.2745
=	27.24 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.874	+	1.131
=	3.005

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	3.544
=	3.544

Lion Copper and Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.316	/	( (0.991	+	1.06)	/ 2 )
=	-1 * -0.316	/	1.0255
=	30.81 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.019	+	0.972
=	0.991

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.008	+	1.052
=	1.06

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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Lion Copper and Gold (OTCPK:LCGMF) Effective Interest Rate on Debt % Explanation

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

Lion Copper and Gold Effective Interest Rate on Debt % Related Terms

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Lion Copper and Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lion Copper and Gold Corp (OTCPK:LCGMF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LEO:Canada

Address

143 South Nevada Street, Suite 1200, Yerington, NV, USA, 89447

Website

https://www.lioncg.com

Lion Copper and Gold Corp is a mineral exploration company that is engaged in the acquisition, exploration, and development of copper projects in Nevada, Alaska, and Montana in the United States and British Columbia, Canada.

Executives

Tony L Alford	director, 10 percent owner	7040 INTERLAKEN DRIVE, KERNERSVILLE NC 27284
Stephen J. Goodman	director, officer: President, CFO	1200 - 750 W. PENDER STREET, VANCOUVER A1 V6C 2T8
Christine Alford	10 percent owner	7040 INTERLAKEN DR., KERNERSVILLE NC 27284
Steven A. Dischler	officer: VP ESG	6719 TARTAN TRAIL, SUN PRAIRIE WI 53590
Thomas C. Patton	director, officer: Co-Chairman	PO BOX 2389, MAPLE FALLS WA 98266
Charles Travis Naugle	director, officer: Co-Chairman	23768 SHOOTING STAR DR, GOLDEN CO 80401
David B. Harvey	officer: VP Exploration	1388 BOBBY WAY, FALLON NV 89406

Lion Copper and Gold Headlines

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