Uranium Royalty (Uranium Royalty) Effective Interest Rate on Debt % : 7.89% (As of Jan. 2024)

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What is Uranium Royalty 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. Uranium Royalty's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.01 Mil. Uranium Royalty's average total debt for the quarter that ended in Jan. 2024 was $0.15 Mil. Therefore, Uranium Royalty's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 7.89%.

Uranium Royalty Effective Interest Rate on Debt % Historical Data

The historical data trend for Uranium Royalty'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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Uranium Royalty Effective Interest Rate on Debt % Chart

Uranium Royalty Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Effective Interest Rate on Debt %

26.77

16.62

11.02

13.73

Uranium Royalty Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.64	10.91	0.11	-	7.89

Competitive Comparison of Uranium Royalty's Effective Interest Rate on Debt %

For the Uranium subindustry, Uranium Royalty'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.

Uranium Royalty's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

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

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

Uranium Royalty Effective Interest Rate on Debt % Calculation

Uranium Royalty's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2022 )	+	Total Debt (A: Apr. 2023 ))	/ count )
=	-1 * -1.213	/	( (10.348	+	7.32)	/ 2 )
=	-1 * -1.213	/	8.834
=	13.73 %

where

	Total Debt (A: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.335	+	0.013
=	10.348

	Total Debt (A: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.062	+	7.258
=	7.32

Uranium Royalty's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -0.012	/	( (0	+	0.152)	/ 1 )
=	-1 * -0.012	/	0.152
=	7.89 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.124	+	0.028
=	0.152

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

Uranium Royalty (NAS:UROY) Effective Interest Rate on Debt % Explanation

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

Uranium Royalty Effective Interest Rate on Debt % Related Terms

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Uranium Royalty (Uranium Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Uranium Royalty Corp (NAS:UROY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

59U:Germany 59U:Germany URC:Canada

Address

1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.uraniumroyalty.com

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.