GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dundee Precious Metals Inc (TSX:DPM) » Definitions » Effective Interest Rate on Debt %

Dundee Precious Metals (TSX:DPM) Effective Interest Rate on Debt % : -92.86% (As of Dec. 2023)


View and export this data going back to 1983. Start your Free Trial

What is Dundee Precious 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. Dundee Precious Metals's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$-15.6 Mil. Dundee Precious Metals's average total debt for the quarter that ended in Dec. 2023 was C$16.8 Mil. Therefore, Dundee Precious Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -92.86%.


Dundee Precious Metals Effective Interest Rate on Debt % Historical Data

The historical data trend for Dundee Precious 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.

* Premium members only.

Dundee Precious Metals Effective Interest Rate on Debt % Chart

Dundee Precious Metals 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 22.40 15.57 12.43 16.90 14.68

Dundee Precious Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -63.88 45.00 - - -92.86

Competitive Comparison of Dundee Precious Metals's Effective Interest Rate on Debt %

For the Gold subindustry, Dundee Precious 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.


Dundee Precious Metals's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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



Dundee Precious Metals Effective Interest Rate on Debt % Calculation

Dundee Precious Metals'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  *  -2.689/( (19.813+16.816)/ 2 )
=-1  *  -2.689/18.3145
=14.68 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.641 + 6.172
=19.813

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.662 + 4.154
=16.816

Dundee Precious Metals'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  15.616/( (0+16.816)/ 1 )
=-1  *  15.616/16.816
=-92.86 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.662 + 4.154
=16.816

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


Dundee Precious Metals  (TSX:DPM) Effective Interest Rate on Debt % Explanation

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


Dundee Precious Metals Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Dundee Precious Metals's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dundee Precious Metals (TSX:DPM) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
Dundee Precious Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company has three reportable operating segments Chelopech and Ada Tepe in Bulgaria and Tsumeb in Namibia.

Dundee Precious Metals (TSX:DPM) Headlines