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Gold Terra Resource (TSXV:YGT) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2024)


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


Gold Terra Resource Effective Interest Rate on Debt % Historical Data

The historical data trend for Gold Terra Resource'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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Gold Terra Resource Effective Interest Rate on Debt % Chart

Gold Terra Resource Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Effective Interest Rate on Debt %
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Gold Terra Resource Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Gold Terra Resource's Effective Interest Rate on Debt %

For the Gold subindustry, Gold Terra Resource'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.


Gold Terra Resource's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gold Terra Resource's Effective Interest Rate on Debt % falls into.



Gold Terra Resource Effective Interest Rate on Debt % Calculation

Gold Terra Resource'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+0)/ 1 )
=-1  *  0/0
=N/A %

where

Gold Terra Resource'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

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


Gold Terra Resource  (TSXV:YGT) Effective Interest Rate on Debt % Explanation

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


Gold Terra Resource Effective Interest Rate on Debt % Related Terms

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Gold Terra Resource Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Gold Terra Resource Corp is primarily engaged in the acquisition, exploration and development of mineral properties. Its main focus is on the Yellowknife City Gold Project. Other projects of the company include the Stewart property and the Mulligan property.
Executives
Gerald Panneton Senior Officer

Gold Terra Resource Headlines

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