Stroud Resources (TSXV:SDR) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2024)

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

Stroud Resources Effective Interest Rate on Debt % Historical Data

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

Stroud Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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12.40

600.00

Stroud Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.67	9.33	-	-	-

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

For the Oil & Gas E&P subindustry, Stroud 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.

Stroud Resources's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Stroud Resources's Effective Interest Rate on Debt % distribution charts can be found below:

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

Stroud Resources Effective Interest Rate on Debt % Calculation

Stroud 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 * -0.021	/	( (0.005	+	0.002)	/ 2 )
=	-1 * -0.021	/	0.0035
=	600.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.005
=	0.005

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.002
=	0.002

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

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

where

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

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

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

Stroud Resources (TSXV:SDR) Effective Interest Rate on Debt % Explanation

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

Stroud Resources Effective Interest Rate on Debt % Related Terms

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Stroud Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Stroud Resources Ltd (TSXV:SDR) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

SDURF:USA 3X21:Germany

Address

1090 Don Mills Road, Suite 404, Toronto, ON, CAN, M3C 5R6

Website

https://www.stroudsilver.com

Stroud Resources Ltd is a mineral exploration company with an exploration portfolio in Canada and Mexico. The company holds its interest in its Mexican properties through its wholly owned subsidiary, which holds prospecting and exploration permits for the properties. It operates in two segments: Mineral exploration and Oil & gas exploration and development. Some of its projects are Santo Domingo, Hislop, Leckie, and other Oil and Gas Interests.

Executives

Thomas Smeenk

Senior Officer

Stroud Resources Headlines

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