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Wolverine Resources (Wolverine Resources) Effective Interest Rate on Debt % : 0.00% (As of Feb. 2024)


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


Wolverine Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Wolverine Resources'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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Wolverine Resources Effective Interest Rate on Debt % Chart

Wolverine Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Effective Interest Rate on Debt %
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Wolverine Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Wolverine Resources's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Wolverine Resources'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.


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

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

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



Wolverine Resources Effective Interest Rate on Debt % Calculation

Wolverine Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2022 )+Total Debt  (A: May. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Wolverine Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

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

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 four times the quarterly (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Wolverine Resources  (OTCPK:WOLV) Effective Interest Rate on Debt % Explanation

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


Wolverine Resources Effective Interest Rate on Debt % Related Terms

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Wolverine Resources (Wolverine Resources) Business Description

Traded in Other Exchanges
N/A
Address
11020-Williams Road, Suite 55, Richmond, BC, CAN, V7A 1X8
Wolverine Resources Corp is an exploration stage mining company engaged in the business of identification, acquisition, and exploration of metals and minerals with a focus on base and precious metals. Its projects include Labrador property located in Canada, which is also known as Cache river property, and Frog property.
Executives
Donald Kenneth Bowins director 8955 EMIRY STREET, MISSION A1 V4S 1A6
Rich Resources Inc. 10 percent owner 3 PIWAS STREET, PO BOX 65, NATUASHISH A4 A0P 1A0
Richard Dean Haderer director, officer: CEO & CFO 103 HUNTCROFT PLACE NE, CALGARY A0 T2K 4E6
Slade Dyer director 33219 BROWN CRESCENT, MISSION A1 V2V 2R3
Craig Young director 2612 TELFORD DRIVE, KAMLOOPS A1 V1S 0A3
Bruce Edward Costerd director, officer: CEO #55-11020 WILLIAMS ROAD, RICHMOND A1 V7A 1X8
Lee Costerd director, officer: President & Secretary 4055 MCLEAN ROAD, QUESNEL A1 V2J 6V5
Luke Rich director, officer: VP Expl. & Business Devlp. P.O. BOX 65, NATUASHISH A4 A0P 1A0
David Ian Chalk director 20629 86A AVENUE, LANGLEY A1 V1M 3X3

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