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Barksdale Resources (TSXV:BRO) Effective Interest Rate on Debt % : 9.19% (As of Dec. 2024)


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What is Barksdale Resources 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. Barksdale Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was C$0.15 Mil. Barksdale Resources's average total debt for the quarter that ended in Dec. 2024 was C$1.65 Mil. Therefore, Barksdale Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 9.19%.


Barksdale Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Barksdale Resources'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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Barksdale Resources Effective Interest Rate on Debt % Chart

Barksdale Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 5.86 4.08 9.62 10.71

Barksdale Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.84 11.74 10.08 9.88 9.19

Competitive Comparison of Barksdale Resources's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Barksdale Resources'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.


Barksdale Resources's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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


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Barksdale Resources Effective Interest Rate on Debt % Calculation

Barksdale Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -0.164/( (1.59+1.472)/ 2 )
=-1  *  -0.164/1.531
=10.71 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.115 + 1.475
=1.59

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.024 + 1.448
=1.472

Barksdale Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.152/( (1.613+1.694)/ 2 )
=-1  *  -0.152/1.6535
=9.19 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.008 + 1.605
=1.613

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


Barksdale Resources  (TSXV:BRO) Effective Interest Rate on Debt % Explanation

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


Barksdale Resources Effective Interest Rate on Debt % Related Terms

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Barksdale Resources Business Description

Traded in Other Exchanges
Address
67 East, 5th Avenue, Vancouver, BC, CAN, V5T 1G7
Barksdale Resources Corp is a Canadian exploration-stage natural resource company. The company is principally engaged in the business activities of the acquisition and exploration of precious and base metal mineral properties. The company operates through various projects including Sunnyside, San Antonio, Canelo, Goat Canyon, San Javier, and Four Metals.
Executives
Darren John Blasutti Director
Peter Mcrae Director
Thomas Mason Simpson Senior Officer
Richard Bryan Trotman Senior Officer
Terri Anne Welyki Senior Officer