RFMCF (Refined Energy) Effective Interest Rate on Debt % : 3.31% (As of Sep. 2024)

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What is Refined Energy 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. Refined Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.00 Mil. Refined Energy's average total debt for the quarter that ended in Sep. 2024 was $0.12 Mil. Therefore, Refined Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.31%.

Refined Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Refined Energy'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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Refined Energy Effective Interest Rate on Debt % Chart

Refined Energy Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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37.12

2.70

9.52

5.77

26.79

Refined Energy 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															3.86	3.85	3.79	92.04	3.31

Competitive Comparison of Refined Energy's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Refined Energy'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.

Refined Energy's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

Refined Energy Effective Interest Rate on Debt % Calculation

Refined Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -0.03	/	( (0.104	+	0.12)	/ 2 )
=	-1 * -0.03	/	0.112
=	26.79 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.104
=	0.104

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.12
=	0.12

Refined Energy'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 * -0.004	/	( (0.12	+	0.122)	/ 2 )
=	-1 * -0.004	/	0.121
=	3.31 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.12
=	0.12

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.122
=	0.122

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.

Refined Energy (OTCPK:RFMCF) Effective Interest Rate on Debt % Explanation

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

Refined Energy Effective Interest Rate on Debt % Related Terms

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Refined Energy Business Description

Industry

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CWA0:Germany RUU:Canada

Address

1177 West Hastings Street, Suite 1930, Vancouver, BC, CAN, V6E 2K3

Website

https://www.refinedenergy.com

Refined Energy Corp is a junior mining company dedicated to identifying, evaluating, and acquiring interests in mineral properties in North America. It has three properties, Dufferin Project, a uranium focused project located in the Athabasca Basin, Horizon South Property a lithium focused project located in the endowed Smoky Valley basins, and Lac Simard Lithium Property, a lithium focused project where Refined possesses an option.