SNTAF (Strategic Minerals Europe) Effective Interest Rate on Debt %: 12.01% (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Strategic Minerals Europe Effective Interest Rate on Debt %?

Strategic Minerals Europe SNTAF -99.80% Effective Interest Rate on Debt % is 12.01% as of Jun. 2024.

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. Strategic Minerals Europe's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $0.61 Mil. Strategic Minerals Europe's average total debt for the quarter that ended in Jun. 2024 was $5.10 Mil. Therefore, Strategic Minerals Europe's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 12.01%.

Strategic Minerals Europe  (OTCPK:SNTAF) Effective Interest Rate on Debt % Explanation

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

Strategic Minerals Europe Effective Interest Rate on Debt % Related Terms

Strategic Minerals Europe Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Strategic Minerals Europe'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.

Strategic Minerals Europe Effective Interest Rate on Debt % Chart

Strategic Minerals Europe Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
0.00 2.76 2.02 5.44 16.81

Strategic Minerals Europe Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.09 22.61 23.07 18.54 12.01

SNTAF vs RNGG: Effective Interest Rate on Debt % Comparison

For the Other Industrial Metals & Mining subindustry, Strategic Minerals Europe'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.

Strategic Minerals Europe Effective Interest Rate on Debt % vs Metals & Mining Industry

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

* The bar in red indicates where Strategic Minerals Europe's Effective Interest Rate on Debt % falls into.


Strategic Minerals Europe Effective Interest Rate on Debt % Calculation

Strategic Minerals Europe'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  *  -0.779/( (4.598+4.673)/ 2 )
=-1  *  -0.779/4.6355
=16.81 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.121 + 1.477
=4.598

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.915 + 2.758
=4.673

Strategic Minerals Europe's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -0.612/( (4.864+5.329)/ 2 )
=-1  *  -0.612/5.0965
=12.01 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.357 + 3.507
=4.864

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.844 + 4.485
=5.329

* 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.

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

What does a Effective Interest Rate on Debt % of 12.01% mean?
Strategic Minerals Europe (SNTAF) has a Effective Interest Rate on Debt % of 12.01% as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Strategic Minerals Europe and its competitors.
Is Strategic Minerals Europe's Effective Interest Rate on Debt % too high?
Strategic Minerals Europe's current Effective Interest Rate on Debt % is 12.01%.
How does Strategic Minerals Europe's Effective Interest Rate on Debt % compare to RNGG?
Strategic Minerals Europe's Effective Interest Rate on Debt % of 12.01% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Strategic Minerals Europe and its competitors. Strategic Minerals Europe's current Effective Interest Rate on Debt % is 12.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Minerals Europe stock overvalued right now?
Strategic Minerals Europe (SNTAF) has a current Effective Interest Rate on Debt % of 12.01%. The current Effective Interest Rate on Debt % is 12.01%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Strategic Minerals Europe (SNTAF), the current Effective Interest Rate on Debt % is 12.01% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Strategic Minerals Europe Business Description

Address Calle Nunez de Balboa 116, 3 0, Office 2B, Madrid, ESP, 28006
Strategic Minerals Europe Corp is engaged in the identification, exploration, and development of mineral resource properties in Spain.