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Santacruz Silver Mining (STU:1SZ) Effective Interest Rate on Debt % : 12.72% (As of Sep. 2024)


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What is Santacruz Silver Mining 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. Santacruz Silver Mining's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €2.2 Mil. Santacruz Silver Mining's average total debt for the quarter that ended in Sep. 2024 was €17.0 Mil. Therefore, Santacruz Silver Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 12.72%.


Santacruz Silver Mining Effective Interest Rate on Debt % Historical Data

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

Santacruz Silver Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.97 10.18 36.00 25.45 12.28

Santacruz Silver Mining 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 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 Premium Member Only Premium Member Only Premium Member Only 16.36 18.41 10.55 20.00 12.72

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

For the Other Industrial Metals & Mining subindustry, Santacruz Silver Mining'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.


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

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

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


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Santacruz Silver Mining Effective Interest Rate on Debt % Calculation

Santacruz Silver Mining'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  *  -2.288/( (20.971+16.3)/ 2 )
=-1  *  -2.288/18.6355
=12.28 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.02 + 16.951
=20.971

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.686 + 15.614
=16.3

Santacruz Silver Mining'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  *  -2.168/( (18.667+15.426)/ 2 )
=-1  *  -2.168/17.0465
=12.72 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.695 + 17.972
=18.667

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.674 + 14.752
=15.426

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


Santacruz Silver Mining  (STU:1SZ) Effective Interest Rate on Debt % Explanation

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


Santacruz Silver Mining Effective Interest Rate on Debt % Related Terms

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Santacruz Silver Mining Business Description

Traded in Other Exchanges
Address
1140 West Pender Street, Suite 480, Vancouver, BC, CAN, V6E 4G1
Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapan, and Corporate and Other activities. Key revenue is generated from San Lucas.

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