MISVF (Minco Silver) Effective Interest Rate on Debt % : 8.01% (As of Dec. 2024)

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What is Minco Silver 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. Minco Silver's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.03 Mil. Minco Silver's average total debt for the quarter that ended in Dec. 2024 was $0.40 Mil. Therefore, Minco Silver's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 8.01%.

Minco Silver Effective Interest Rate on Debt % Historical Data

The historical data trend for Minco Silver'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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Minco Silver Effective Interest Rate on Debt % Chart

Minco Silver Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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7.55

13.55

9.61

7.85

7.46

Minco Silver Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.26	7.35	7.19	7.06	8.01

Competitive Comparison of Minco Silver's Effective Interest Rate on Debt %

For the Silver subindustry, Minco Silver'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.

Minco Silver's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

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Minco Silver Effective Interest Rate on Debt % Calculation

Minco Silver'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 * -0.035	/	( (0.567	+	0.371)	/ 2 )
=	-1 * -0.035	/	0.469
=	7.46 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.4	+	0.167
=	0.567

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.197	+	0.174
=	0.371

Minco Silver's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.032	/	( (0.428	+	0.371)	/ 2 )
=	-1 * -0.032	/	0.3995
=	8.01 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.252	+	0.176
=	0.428

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.197	+	0.174
=	0.371

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

Minco Silver (OTCPK:MISVF) Effective Interest Rate on Debt % Explanation

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

Minco Silver Effective Interest Rate on Debt % Related Terms

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Minco Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minco Silver Corp (OTCPK:MISVF) » Definitions » Effective Interest Rate on Debt %

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XYD:Germany MSV:Canada

Address

1055 West Georgia Street, Suite 2060, P.O. Box 11176, Vancouver, BC, CAN, V6E 3R5

Website

https://www.mincosilver.com

Minco Silver Corp is engaged in exploring, evaluating, and developing precious metals and mineral properties and projects. It holds exploration permits for the Fuwan Silver Project and the Changkeng Gold Project. Geographically, the company operates in Canada and China.

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