Reflex Advanced Materials (XCNQ:RFLX) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)

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

Reflex Advanced Materials Effective Interest Rate on Debt % Historical Data

The historical data trend for Reflex Advanced Materials'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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Reflex Advanced Materials Effective Interest Rate on Debt % Chart

Reflex Advanced Materials Annual Data

Trend

Jan22

Jan23

Jan24

Effective Interest Rate on Debt %

Reflex Advanced Materials Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
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Competitive Comparison of Reflex Advanced Materials's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Reflex Advanced Materials'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.

Reflex Advanced Materials's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Reflex Advanced Materials's Effective Interest Rate on Debt % falls into.

Reflex Advanced Materials Effective Interest Rate on Debt % Calculation

Reflex Advanced Materials's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2023 )	+	Total Debt (A: Jan. 2024 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

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

	Total Debt (A: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Reflex Advanced Materials'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	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

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	+	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.

Reflex Advanced Materials (XCNQ:RFLX) Effective Interest Rate on Debt % Explanation

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

Reflex Advanced Materials Effective Interest Rate on Debt % Related Terms

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Reflex Advanced Materials (XCNQ:RFLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reflex Advanced Materials Corp (XCNQ:RFLX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

RFLXF:USA HF2:Germany

Address

905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6

Website

https://www.reflexmaterials.com

Reflex Advanced Materials Corp is engaged in the business of mineral exploration in Canada. The company is working to advance its ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario, Canada.

Executives

Dave Bowen

10% Security Holder, Deemed Insider - 6 Months before becoming Insider, Director, Senior Officer

Reflex Advanced Materials (XCNQ:RFLX) Headlines

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