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Lincoln Gold Mining (Lincoln Gold Mining) Effective Interest Rate on Debt % : 7.54% (As of Dec. 2023)


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What is Lincoln Gold 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. Lincoln Gold Mining's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.06 Mil. Lincoln Gold Mining's average total debt for the quarter that ended in Dec. 2023 was $0.85 Mil. Therefore, Lincoln Gold Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.54%.


Lincoln Gold Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Lincoln Gold 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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Lincoln Gold Mining Effective Interest Rate on Debt % Chart

Lincoln Gold Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.51 15.90 19.98 16.09 8.47

Lincoln Gold Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.85 12.49 7.93 6.52 7.54

Competitive Comparison of Lincoln Gold Mining's Effective Interest Rate on Debt %

For the Gold subindustry, Lincoln Gold 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.


Lincoln Gold Mining's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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



Lincoln Gold Mining Effective Interest Rate on Debt % Calculation

Lincoln Gold Mining'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  *  -0.075/( (0.844+0.926)/ 2 )
=-1  *  -0.075/0.885
=8.47 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.143 + 0.783
=0.926

Lincoln Gold 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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.064/( (0.772+0.926)/ 2 )
=-1  *  -0.064/0.849
=7.54 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.094 + 0.678
=0.772

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.143 + 0.783
=0.926

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


Lincoln Gold Mining  (OTCPK:LNCLF) Effective Interest Rate on Debt % Explanation

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


Lincoln Gold Mining Effective Interest Rate on Debt % Related Terms

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Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.
Executives
Andrew Milligan director 5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson officer: COO and VP, Exploration 325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering director SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman director 1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi director 12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie director 2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann 10 percent owner KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598

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