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Patterson Metals (TSXV:PAT) Effective Interest Rate on Debt % : 0.00% (As of Jul. 2024)


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


Patterson Metals Effective Interest Rate on Debt % Historical Data

The historical data trend for Patterson Metals'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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Patterson Metals Effective Interest Rate on Debt % Chart

Patterson Metals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Effective Interest Rate on Debt %
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Patterson Metals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Competitive Comparison of Patterson Metals's Effective Interest Rate on Debt %

For the Uranium subindustry, Patterson Metals'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.


Patterson Metals's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Patterson Metals's Effective Interest Rate on Debt % distribution charts can be found below:

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



Patterson Metals Effective Interest Rate on Debt % Calculation

Patterson Metals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2022 )+Total Debt  (A: Oct. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Patterson Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2024 )+Total Debt  (Q: Jul. 2024 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=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 (Jul. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Patterson Metals  (TSXV:PAT) Effective Interest Rate on Debt % Explanation

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


Patterson Metals Effective Interest Rate on Debt % Related Terms

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Patterson Metals Business Description

Industry
Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Patterson Metals Corp formerly Trench Metals Corp is engaged in the business of exploration and mining metals. The projects of the company include The Higginson Lake Uranium Project, The Spreckley Lake Uranium Project, and The Carter Lake Uranium Project.

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