GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » US Goldmining Inc (NAS:USGO) » Definitions » Effective Interest Rate on Debt %

US Goldmining (US Goldmining) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is US Goldmining 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. US Goldmining's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. US Goldmining's average total debt for the quarter that ended in Mar. 2024 was $0.13 Mil. Therefore, US Goldmining's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


US Goldmining Effective Interest Rate on Debt % Historical Data

The historical data trend for US Goldmining'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.

* Premium members only.

US Goldmining Effective Interest Rate on Debt % Chart

US Goldmining Annual Data
Trend Nov20 Nov21 Nov22
Effective Interest Rate on Debt %
- - -

US Goldmining Quarterly Data
Nov20 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of US Goldmining's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, US Goldmining'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.


US Goldmining's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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



US Goldmining Effective Interest Rate on Debt % Calculation

US Goldmining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2021 )+Total Debt  (A: Nov. 2022 ))/ count )
=-1  *  0/( (0.494+0.678)/ 2 )
=-1  *  0/0.586
=0.00 %

where

US Goldmining's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (0.135+0.134)/ 2 )
=-1  *  0/0.1345
=0.00 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.118 + 0.017
=0.135

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.11 + 0.024
=0.134

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


US Goldmining  (NAS:USGO) Effective Interest Rate on Debt % Explanation

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


US Goldmining Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of US Goldmining's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


US Goldmining (US Goldmining) Business Description

Industry
Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
US Goldmining Inc is a mineral exploration and development company. It is a focused on the exploration and development of a project located in Alaska, USA. The company's sole property is Whistler Project which is a gold-copper exploration project located in the Yentna Mining District, approximately 150 km northwest of Anchorage, Alaska.
Executives
Goldmining Inc. 10 percent owner 1188 WEST GEORGIA STREET, SUITE 1830, VANCOUVER A1 V6E 4A2
Aleksandra Bukacheva director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Garnet Linn Dawson director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Ross Lawrence Sherlock director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Laura Schmidt director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Alastair Charles Still director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Timothy Robert Smith officer: Chief Executive Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Lisa Jean Wade director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Tyler Michael Wong officer: Chief Financial Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3