NexGen Energy (STU:6NE) Effective Interest Rate on Debt % : 9.99% (As of Sep. 2024)

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What is NexGen 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. NexGen Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €30.12 Mil. NexGen Energy's average total debt for the quarter that ended in Sep. 2024 was €301.40 Mil. Therefore, NexGen Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 9.99%.

NexGen Energy Effective Interest Rate on Debt % Historical Data

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

NexGen Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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9.45

7.55

2.76

3.03

5.12

NexGen 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															3.02	8.50	8.04	7.56	9.99

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

For the Uranium subindustry, NexGen 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.

NexGen Energy's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, NexGen Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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

NexGen Energy Effective Interest Rate on Debt % Calculation

NexGen Energy'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 * -4.273	/	( (57.317	+	109.649)	/ 2 )
=	-1 * -4.273	/	83.483
=	5.12 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56.778	+	0.539
=	57.317

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	109.016	+	0.633
=	109.649

NexGen 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 * -30.116	/	( (316	+	286.796)	/ 2 )
=	-1 * -30.116	/	301.398
=	9.99 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.355	+	315.645
=	316

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.177	+	286.619
=	286.796

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.

NexGen Energy (STU:6NE) Effective Interest Rate on Debt % Explanation

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

NexGen Energy Effective Interest Rate on Debt % Related Terms

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NexGen Energy Business Description

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NXE:USA 0V9D:UK NXE:Canada NXG:Australia

Address

1021 West Hastings Street, Suite 3150, Vancouver, BC, CAN, V6E 0C3

Website

https://www.nexgenenergy.ca

NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company's projects portfolio consists of ROOK I, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery. as well as the discovered Harpoon area located northeast of the Arrow deposit.

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