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Black Rock Mining (ASX:BKT) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Black Rock Mining 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. Black Rock Mining's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.00 Mil. Black Rock Mining's average total debt for the quarter that ended in Dec. 2023 was A$0.63 Mil. Therefore, Black Rock Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Black Rock Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Black Rock Mining'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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Black Rock Mining Effective Interest Rate on Debt % Chart

Black Rock Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
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Black Rock Mining Semi-Annual Data
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Competitive Comparison of Black Rock Mining's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Black Rock Mining'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.


Black Rock Mining's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Black Rock Mining's Effective Interest Rate on Debt % falls into.



Black Rock Mining Effective Interest Rate on Debt % Calculation

Black Rock Mining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  0/( (0.537+0.686)/ 2 )
=-1  *  0/0.6115
=0.00 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.485 + 0.052
=0.537

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.478 + 0.208
=0.686

Black Rock Mining'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (0.686+0.579)/ 2 )
=-1  *  0/0.6325
=0.00 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.478 + 0.208
=0.686

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.38 + 0.199
=0.579

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


Black Rock Mining  (ASX:BKT) Effective Interest Rate on Debt % Explanation

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


Black Rock Mining Effective Interest Rate on Debt % Related Terms

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Black Rock Mining (ASX:BKT) Business Description

Traded in Other Exchanges
N/A
Address
Level 1, 1 Walker Avenue, West Perth, Perth, WA, AUS, 6005
Black Rock Mining Ltd is a graphite exploration company. The company is engaged in exploring and developing its Mahenge graphite project in Tanzania.

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