Supreme Critical Metals (FRA:VR6) Effective Interest Rate on Debt % : 14.29% (As of Nov. 2024)

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What is Supreme Critical Metals 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. Supreme Critical Metals's annualized positive value of Interest Expense for the quarter that ended in Nov. 2024 was €0.00 Mil. Supreme Critical Metals's average total debt for the quarter that ended in Nov. 2024 was €0.03 Mil. Therefore, Supreme Critical Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 was 14.29%.

Supreme Critical Metals Effective Interest Rate on Debt % Historical Data

The historical data trend for Supreme Critical Metals'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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Supreme Critical Metals Effective Interest Rate on Debt % Chart

Supreme Critical Metals Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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0.87

4.67

5.52

4.11

5.66

Supreme Critical Metals Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.08	8.99	10.13	11.76	14.29

Competitive Comparison of Supreme Critical Metals's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Supreme Critical Metals'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.

Supreme Critical Metals's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Supreme Critical Metals's Effective Interest Rate on Debt % falls into.

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Supreme Critical Metals Effective Interest Rate on Debt % Calculation

Supreme Critical Metals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -0.003	/	( (0.064	+	0.042)	/ 2 )
=	-1 * -0.003	/	0.053
=	5.66 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.042	+	0.022
=	0.064

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.021	+	0.021
=	0.042

Supreme Critical Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2024 )	+	Total Debt (Q: Nov. 2024 ))	/ count )
=	-1 * -0.004	/	( (0.031	+	0.025)	/ 2 )
=	-1 * -0.004	/	0.028
=	14.29 %

where

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.01	+	0.021
=	0.031

	Total Debt (Q: Nov. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.004	+	0.021
=	0.025

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

Supreme Critical Metals (FRA:VR6) Effective Interest Rate on Debt % Explanation

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

Supreme Critical Metals Effective Interest Rate on Debt % Related Terms

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Supreme Critical Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Supreme Critical Metals Inc (FRA:VR6) » Definitions » Effective Interest Rate on Debt %

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VRCFF:USA CRIT:Canada

Address

355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8

Website

https://www.victorybatterymetals.com

Supreme Critical Metals Inc formerly Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.

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