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Cosigo Resources (TSXV:CSG.H) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Cosigo 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. Cosigo Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$0.00 Mil. Cosigo Resources's average total debt for the quarter that ended in Dec. 2023 was C$0.14 Mil. Therefore, Cosigo Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Cosigo Resources Effective Interest Rate on Debt % Historical Data

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

Cosigo Resources Annual Data
Trend Nov10 Dec11 Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Cosigo Resources Quarterly Data
Mar15 Jun15 Sep15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cosigo Resources's Effective Interest Rate on Debt %

For the Gold subindustry, Cosigo 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.


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

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

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



Cosigo Resources Effective Interest Rate on Debt % Calculation

Cosigo Resources'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  *  0/( (0.133+0.136)/ 2 )
=-1  *  0/0.1345
=0.00 %

where

Cosigo Resources'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  *  0/( (0.136+0.136)/ 2 )
=-1  *  0/0.136
=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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Cosigo Resources  (TSXV:CSG.H) Effective Interest Rate on Debt % Explanation

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


Cosigo Resources Effective Interest Rate on Debt % Related Terms

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Cosigo Resources (TSXV:CSG.H) Business Description

Traded in Other Exchanges
N/A
Address
3854 Cadboro Bay Road, Victoria, BC, CAN, V8N 4G4
Cosigo Resources Ltd is engaged in the exploration and development of mineral properties located in Canada, Brazil, and Colombia. Its projects include Machado, CN mineral project, Damian area and other projects.

Cosigo Resources (TSXV:CSG.H) Headlines

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