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Patronus Resources (ASX:PTN) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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


Patronus Resources Effective Interest Rate on Debt % Historical Data

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

Patronus Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
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Patronus Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Patronus Resources's Effective Interest Rate on Debt %

For the Gold subindustry, Patronus 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.


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

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

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



Patronus Resources Effective Interest Rate on Debt % Calculation

Patronus Resources'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  *  -0.017/( (0+0)/ 1 )
=-1  *  -0.017/0
=N/A %

where

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


Patronus Resources  (ASX:PTN) Effective Interest Rate on Debt % Explanation

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


Patronus Resources Effective Interest Rate on Debt % Related Terms

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Patronus Resources Business Description

Traded in Other Exchanges
N/A
Address
24 Outram Street, Level 1, West Perth, WA, AUS, 6005
Patronus Resources Ltd is a gold exploration company. The company is engaged in the exploration and development of gold properties. It holds a 100% interest in the Cardinia Gold Project.