Chalice Mining (ASX:CHN) Effective Interest Rate on Debt % : 8.04% (As of Dec. 2023)

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What is Chalice 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. Chalice Mining's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.13 Mil. Chalice Mining's average total debt for the quarter that ended in Dec. 2023 was A$1.67 Mil. Therefore, Chalice Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.04%.

Chalice Mining Effective Interest Rate on Debt % Historical Data

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

Chalice Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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22.03

13.73

1.45

8.34

Chalice Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.63	-	7.71	8.89	8.04

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

For the Other Industrial Metals & Mining subindustry, Chalice 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.

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

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

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

Chalice Mining Effective Interest Rate on Debt % Calculation

Chalice 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 * -0.161	/	( (2.136	+	1.727)	/ 2 )
=	-1 * -0.161	/	1.9315
=	8.34 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.693	+	0.443
=	2.136

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.364	+	0.363
=	1.727

Chalice 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 * -0.134	/	( (1.727	+	1.605)	/ 2 )
=	-1 * -0.134	/	1.666
=	8.04 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.364	+	0.363
=	1.727

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.2	+	0.405
=	1.605

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.

Chalice Mining (ASX:CHN) Effective Interest Rate on Debt % Explanation

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

Chalice Mining Effective Interest Rate on Debt % Related Terms

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Chalice Mining (ASX:CHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chalice Mining Ltd (ASX:CHN) » Definitions » Effective Interest Rate on Debt %

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CGMLF:USA C8U:Germany

Address

46 Colin Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.chalicemining.com

Chalice Mining Ltd is engaged in the exploration of precious and base metal properties. The project portfolio includes Julimar Nickel-Copper-PGE Project, Pyramid Hill Gold Project, Hawkstone Nickel-Copper-Cobalt Project, South West Nickel-Copper-PGE Project, Barrabarra Nickel-Copper-PGE Project, Auralia Nickel-Copper-Gold Project, Warrego North Project, Mt Jackson Gold Project, Nulla South & Gibb Rock Gold Project, and Viking Gold Project. It operates in one reportable segment, mineral exploration and evaluation.