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Mineral & Financial Investments (LSE:MAFL) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Mineral & Financial Investments 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. Mineral & Financial Investments's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.00 Mil. Mineral & Financial Investments's average total debt for the quarter that ended in Dec. 2023 was £0.01 Mil. Therefore, Mineral & Financial Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Mineral & Financial Investments Effective Interest Rate on Debt % Historical Data

The historical data trend for Mineral & Financial Investments'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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Mineral & Financial Investments Effective Interest Rate on Debt % Chart

Mineral & Financial Investments Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
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Mineral & Financial Investments Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Mineral & Financial Investments's Effective Interest Rate on Debt %

For the Asset Management subindustry, Mineral & Financial Investments'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.


Mineral & Financial Investments's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mineral & Financial Investments's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mineral & Financial Investments's Effective Interest Rate on Debt % falls into.



Mineral & Financial Investments Effective Interest Rate on Debt % Calculation

Mineral & Financial Investments'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/( (0.01+0.01)/ 2 )
=-1  *  0/0.01
=0.00 %

where

Mineral & Financial Investments'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/( (0.01+0.01)/ 2 )
=-1  *  0/0.01
=0.00 %

where

* 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.


Mineral & Financial Investments  (LSE:MAFL) Effective Interest Rate on Debt % Explanation

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


Mineral & Financial Investments Effective Interest Rate on Debt % Related Terms

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Mineral & Financial Investments (LSE:MAFL) Business Description

Traded in Other Exchanges
N/A
Address
One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Mineral & Financial Investments Ltd is an investment company, invests in natural resources, minerals, metals, and oil and gas projects. It invests in securities of quoted and unquoted companies and their assets, units in open-ended investment companies, exchange traded funds, physical commodities, derivatives, and other hybrid securities. In addition, the company focuses on providing capital for mining companies that require finance for their projects and also offer advisory services to its investee companies.

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