Yandal Resources (ASX:YRL) Effective Interest Rate on Debt % : 31.25% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Yandal 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. Yandal Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.01 Mil. Yandal Resources's average total debt for the quarter that ended in Dec. 2023 was A$0.03 Mil. Therefore, Yandal Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 31.25%.

Yandal Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Yandal 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.

* Premium members only.

Yandal Resources Effective Interest Rate on Debt % Chart

Yandal Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

Yandal Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							-	-	-	31.25	-

Competitive Comparison of Yandal Resources's Effective Interest Rate on Debt %

For the Gold subindustry, Yandal 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.

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

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

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

Yandal Resources Effective Interest Rate on Debt % Calculation

Yandal Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * 0	/	( (0	+	0.02)	/ 1 )
=	-1 * 0	/	0.02
=	0.00 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.02
=	0.02

Yandal 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 * -0.01	/	( (0	+	0.032)	/ 1 )
=	-1 * -0.01	/	0.032
=	31.25 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.007	+	0.025
=	0.032

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.

Yandal Resources (ASX:YRL) Effective Interest Rate on Debt % Explanation

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

Yandal Resources Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Yandal Resources's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Yandal Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

5/62 Ord Street, West Perth, West Perth, WA, AUS, 6005

Website

https://www.yandalresources.com.au

Yandal Resources Ltd is a gold exploration company focused on a portfolio of gold projects in the Yandal Greenstone Belt of Western Australia. Its projects include Ironstone Well and Barwidgee gold projects, Mt McClure gold project, and Gordans gold project in Western Australia.

Yandal Resources Headlines

No Headlines