Omega Pacific Resources (XCNQ:OMGA) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)

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

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

Omega Pacific Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Omega Pacific 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.

* Premium members only.

Omega Pacific Resources Effective Interest Rate on Debt % Chart

Omega Pacific Resources Annual Data

Trend

Oct22

Effective Interest Rate on Debt %

Omega Pacific Resources Quarterly Data
	Jan23	Apr23	Jul23	Jan24
Effective Interest Rate on Debt %	-	-	-	-

Competitive Comparison of Omega Pacific Resources's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Omega Pacific 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.

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

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

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

Omega Pacific Resources Effective Interest Rate on Debt % Calculation

Omega Pacific Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: Oct. 2022 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

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

Omega Pacific Resources'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: Jul. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (Q: Jul. 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	+	0
=	0

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.

Omega Pacific Resources (XCNQ:OMGA) Effective Interest Rate on Debt % Explanation

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

Omega Pacific Resources Effective Interest Rate on Debt % Related Terms

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

Omega Pacific Resources (XCNQ:OMGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Omega Pacific Resources Inc (XCNQ:OMGA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

Q0F:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

Omega Pacific Resources Inc is engaged in the business of mineral exploration in Canada. It mainly engages in the acquisition, exploration, and development of mineral exploration properties. It holds an interest in the Lekcin property located in the New Westminster Mining Division, British Columbia, Canada.