Mexus Gold US (Mexus Gold US) Effective Interest Rate on Debt % : 36.52% (As of Dec. 2022)

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What is Mexus Gold US 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. Mexus Gold US's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $0.59 Mil. Mexus Gold US's average total debt for the quarter that ended in Dec. 2022 was $1.61 Mil. Therefore, Mexus Gold US's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 36.52%.

Mexus Gold US Effective Interest Rate on Debt % Historical Data

The historical data trend for Mexus Gold US'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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Mexus Gold US Effective Interest Rate on Debt % Chart

Mexus Gold US Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Effective Interest Rate on Debt %

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111.95

77.06

87.47

77.33

47.70

Mexus Gold US Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															40.02	39.06	37.90	51.68	36.52

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

For the Other Precious Metals & Mining subindustry, Mexus Gold US'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.

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

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

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

Mexus Gold US Effective Interest Rate on Debt % Calculation

Mexus Gold US's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2021 )	+	Total Debt (A: Mar. 2022 ))	/ count )
=	-1 * -0.835	/	( (1.735	+	1.766)	/ 2 )
=	-1 * -0.835	/	1.7505
=	47.70 %

where

	Total Debt (A: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.735
=	1.735

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.766
=	1.766

Mexus Gold US's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * -0.588	/	( (1.631	+	1.589)	/ 2 )
=	-1 * -0.588	/	1.61
=	36.52 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.631
=	1.631

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.589
=	1.589

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Mexus Gold US (OTCPK:MXSG) Effective Interest Rate on Debt % Explanation

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

Mexus Gold US Effective Interest Rate on Debt % Related Terms

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Mexus Gold US (Mexus Gold US) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mexus Gold US (OTCPK:MXSG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1805 N. Carson Street, Suite 150, Carson, NV, USA, 89701

Website

http://www.mexusgoldus.com

Mexus Gold US is an exploration stage mining company. The company engages in the evaluation, acquisition, exploration, and advancement of gold, silver, and copper projects in the state of Sonora, Mexico. Its properties include Santa Elena Mine, Ures Property, San Felix Mine, and Sonora.

Executives

Paul Dwight Thompson	director, 10 percent owner, officer: CEO, CFO, Secretary	PO BOX 1036, WALNUT GROVE CA 95690
Gold Us Mexus	director, 10 percent owner, officer: CEO, CFO, Secretary	1805 N. CARSON STREET, #150, CARSON CITY NV 89701
Susie L Johnson	director, officer: President, CFO, Secretary	9337 STARGAZE, SAN DIEGO CA 92129
Phillip Eugene Koehnke	director, 10 percent owner, officer: President, secretary, CFO	PO BOX 235472, ENCINITAS CA 92024