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Northern Dynasty Minerals (TSX:NDM) Effective Interest Rate on Debt % : 26.16% (As of Mar. 2025)


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What is Northern Dynasty Minerals 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. Northern Dynasty Minerals's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was C$0.92 Mil. Northern Dynasty Minerals's average total debt for the quarter that ended in Mar. 2025 was C$3.50 Mil. Therefore, Northern Dynasty Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 26.16%.


Northern Dynasty Minerals Effective Interest Rate on Debt % Historical Data

The historical data trend for Northern Dynasty Minerals'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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Northern Dynasty Minerals Effective Interest Rate on Debt % Chart

Northern Dynasty Minerals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.69 8.36 10.31 4.95 26.86

Northern Dynasty Minerals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 27.19 27.59 28.75 30.17 26.16

Competitive Comparison of Northern Dynasty Minerals's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Northern Dynasty Minerals'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.


Northern Dynasty Minerals's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northern Dynasty Minerals's Effective Interest Rate on Debt % falls into.


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Northern Dynasty Minerals Effective Interest Rate on Debt % Calculation

Northern Dynasty Minerals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.824/( (2.661+3.474)/ 2 )
=-1  *  -0.824/3.0675
=26.86 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.338 + 2.323
=2.661

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.548 + 2.926
=3.474

Northern Dynasty Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -0.916/( (3.474+3.53)/ 2 )
=-1  *  -0.916/3.502
=26.16 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.548 + 2.926
=3.474

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.507 + 3.023
=3.53

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Northern Dynasty Minerals  (TSX:NDM) Effective Interest Rate on Debt % Explanation

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


Northern Dynasty Minerals Effective Interest Rate on Debt % Related Terms

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Northern Dynasty Minerals Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Northern Dynasty Minerals Ltd is a mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a deposit of copper, gold, molybdenum, and silver into a modern mining operation.
Executives
Llc Kopernik Global Investors 10% Security Holder
Bruce Wayne Jenkins Subsidiary
Robert Allan Dickinson 10% Security Holder, Director
Gordon Keep Director
David Charles Laing Director
Ronald William Thiessen Director
Christian Milau Director
Steven Ashby Decker Director
Peter Dunn Robertson Senior Officer
Trevor Thomas Senior Officer
Stephen Hodgson Senior Officer
Harry Wayne Kirk Director
Kenneth William Pickering Director
Adam Jonathan Chodos Senior Officer
John Shively Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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