GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada One Mining Corp (TSXV:CONE) » Definitions » Effective Interest Rate on Debt %

Canada One Mining (TSXV:CONE) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Canada One Mining 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. Canada One Mining's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was C$0.00 Mil. Canada One Mining's average total debt for the quarter that ended in Jan. 2024 was C$0.35 Mil. Therefore, Canada One Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.00%.


Canada One Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Canada One Mining'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.

Canada One Mining Effective Interest Rate on Debt % Chart

Canada One Mining Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 1.69 8.00 1.54 -

Canada One Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Competitive Comparison of Canada One Mining's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Canada One Mining'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.


Canada One Mining's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canada One Mining's Effective Interest Rate on Debt % falls into.



Canada One Mining Effective Interest Rate on Debt % Calculation

Canada One Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2022 )+Total Debt  (A: Jul. 2023 ))/ count )
=-1  *  0/( (0.299+0.324)/ 2 )
=-1  *  0/0.3115
=0.00 %

where

Canada One Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  0/( (0.344+0.355)/ 2 )
=-1  *  0/0.3495
=0.00 %

where

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


Canada One Mining  (TSXV:CONE) Effective Interest Rate on Debt % Explanation

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


Canada One Mining Effective Interest Rate on Debt % Related Terms

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


Canada One Mining (TSXV:CONE) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Canada One Mining Corp operates as a mineral exploration company. Its flagship project is the Copper Dome project, a 100%-owned project located adjacent to Copper Mountain Mine in BC.
Executives
Michael Winslow Kinley Director, Senior Officer

Canada One Mining (TSXV:CONE) Headlines