Western Star Resources (Western Star Resources) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Western Star 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. Western Star Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Western Star Resources's average total debt for the quarter that ended in Dec. 2023 was $0.03 Mil. Therefore, Western Star Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Western Star Resources Effective Interest Rate on Debt % Historical Data

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

Western Star Resources Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

11.76

Western Star Resources Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				-	-	-	-	-

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

For the Other Industrial Metals & Mining subindustry, Western Star 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.

Western Star Resources's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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

Western Star Resources Effective Interest Rate on Debt % Calculation

Western Star 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 * -0.004	/	( (0	+	0.034)	/ 1 )
=	-1 * -0.004	/	0.034
=	11.76 %

where

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

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.034
=	0.034

Western Star Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0.034)	/ 1 )
=	-1 * 0	/	0.034
=	0.00 %

where

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

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.034
=	0.034

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Western Star Resources (OTCPK:WSRIF) Effective Interest Rate on Debt % Explanation

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

Western Star Resources Effective Interest Rate on Debt % Related Terms

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Western Star Resources (Western Star Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Star Resources Inc (OTCPK:WSRIF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

WSR:Canada

Address

8988 Fraserton Court, Unit 114B, Burnaby, BC, CAN, V5J 5H8

Website

Western Star Resources Inc is a mineral exploration and development company. Its activities consist of acquiring, exploring, developing, and operating mining properties.

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