Talga Group (Talga Group) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Talga Group 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. Talga Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Talga Group's average total debt for the quarter that ended in Dec. 2023 was $1.39 Mil. Therefore, Talga Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Talga Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Talga Group'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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Talga Group Effective Interest Rate on Debt % Chart

Talga Group Annual Data

Trend

Jun14

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Jun23

Effective Interest Rate on Debt %

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Talga Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
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Competitive Comparison of Talga Group's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Talga Group'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.

Talga Group's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

Talga Group Effective Interest Rate on Debt % Calculation

Talga Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * 0	/	( (1.191	+	1.589)	/ 2 )
=	-1 * 0	/	1.39
=	0.00 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.788	+	0.403
=	1.191

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.051	+	0.538
=	1.589

Talga Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (1.589	+	1.185)	/ 2 )
=	-1 * 0	/	1.387
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.051	+	0.538
=	1.589

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.598	+	0.587
=	1.185

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Talga Group (OTCPK:TLGRF) Effective Interest Rate on Debt % Explanation

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

Talga Group Effective Interest Rate on Debt % Related Terms

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Talga Group (Talga Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talga Group Ltd (OTCPK:TLGRF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

TGX:Germany TLG:Australia

Address

46 Colin Street, Suite 3.03, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.talgagroup.com

Talga Group Ltd is a technology minerals company. Its operating and geographical segments consist of graphite exploration and development in Sweden, graphite or graphene research and development in Germany and the United Kingdom as well as Australia. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. It derives a majority of revenue from the United Kingdom.