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Mawson Finland (TSXV:MFL) Effective Interest Rate on Debt % : 10.61% (As of Aug. 2024)


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What is Mawson Finland 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. Mawson Finland's annualized positive value of Interest Expense for the quarter that ended in Aug. 2024 was C$0.06 Mil. Mawson Finland's average total debt for the quarter that ended in Aug. 2024 was C$0.53 Mil. Therefore, Mawson Finland's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 was 10.61%.

Mawson Finland Effective Interest Rate on Debt % Historical Data

The historical data trend for Mawson Finland'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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Mawson Finland Effective Interest Rate on Debt % Chart

Mawson Finland Annual Data
Trend May24
Effective Interest Rate on Debt %
-

Mawson Finland Quarterly Data
Nov23 Apr24 Aug24
Effective Interest Rate on Debt % 20.84 - 10.61

Competitive Comparison of Mawson Finland's Effective Interest Rate on Debt %

For the Other Precious Metals & Mining subindustry, Mawson Finland'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.

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

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

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


Mawson Finland Effective Interest Rate on Debt % Calculation

Mawson Finland's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: May. 2024 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: May. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Mawson Finland's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2024 )+Total Debt  (Q: Aug. 2024 ))/ count )
=-1  *  -0.056/( (0+0.528)/ 1 )
=-1  *  -0.056/0.528
=10.61 %

where

Total Debt  (Q: Apr. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Aug. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.43 + 0.098
=0.528

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

Mawson Finland  (TSXV:MFL) Effective Interest Rate on Debt % Explanation

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

Mawson Finland Effective Interest Rate on Debt % Related Terms

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Mawson Finland Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mawson Finland Ltd (TSXV:MFL) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Website
https://www.mawsonfinland.com
Mawson Finland Ltd is a mineral exploration company. The company is engaged in exploration and development of precious and base metal properties like gold and cobalt in the lapland region in Finland. The projects of the company includes Rajapalot Gold-Cobalt Project, Rompas Vein Gold project, and other projects.