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Eskay Mining (TSXV:ESK) Effective Interest Rate on Debt % : 0.00% (As of May. 2024)


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What is Eskay 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. Eskay Mining's annualized positive value of Interest Expense for the quarter that ended in May. 2024 was C$0.00 Mil. Eskay Mining's average total debt for the quarter that ended in May. 2024 was C$0.00 Mil. Therefore, Eskay Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 was N/A%.


Eskay Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Eskay 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.

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Eskay Mining Effective Interest Rate on Debt % Chart

Eskay Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.52 12.22 0.29

Eskay Mining Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.14 0.14 - - -

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

For the Other Industrial Metals & Mining subindustry, Eskay 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.


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

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

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



Eskay Mining Effective Interest Rate on Debt % Calculation

Eskay Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2023 )+Total Debt  (A: Feb. 2024 ))/ count )
=-1  *  -0.008/( (2.783+0)/ 1 )
=-1  *  -0.008/2.783
=0.29 %

where

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2024 )+Total Debt  (Q: May. 2024 ))/ count )
=-1  *  -0.004/( (0+0)/ 1 )
=-1  *  -0.004/0
=N/A %

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


Eskay Mining  (TSXV:ESK) Effective Interest Rate on Debt % Explanation

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


Eskay Mining Effective Interest Rate on Debt % Related Terms

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Eskay Mining Business Description

Industry
Traded in Other Exchanges
Address
82 Richmond Street East, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Eskay Mining Corp is engaged in the acquisition and exploration of mineral properties in British Columbia, Canada. The company holds an interest in St. Andrew Goldfield (SIB) - Eskay Project and Corey Mineral Claims. Its operations comprise a single reporting operating segment engaged in Mineral Exploration in Canada.
Executives
Hugh Mclellan Balkam Director

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