GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chilean Cobalt Corp (OTCPK:COBA) » Definitions » Effective Interest Rate on Debt %

COBA (Chilean Cobalt) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

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

Chilean Cobalt Effective Interest Rate on Debt % Historical Data

The historical data trend for Chilean Cobalt'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.

Chilean Cobalt Effective Interest Rate on Debt % Chart

Chilean Cobalt Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - -

Chilean Cobalt Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Chilean Cobalt's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Chilean Cobalt'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.

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

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

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


Chilean Cobalt Effective Interest Rate on Debt % Calculation

Chilean Cobalt's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -0.001/( (0+0)/ 1 )
=-1  *  -0.001/0
=N/A %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

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

Chilean Cobalt's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

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

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

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

* 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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Chilean Cobalt  (OTCPK:COBA) Effective Interest Rate on Debt % Explanation

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

Chilean Cobalt Effective Interest Rate on Debt % Related Terms

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

Chilean Cobalt Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chilean Cobalt Corp (OTCPK:COBA) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
N/A
Address
1199 Lancaster Avenue, Suite 107, Berwyn, PA, USA, 19312
Website
https://www.chileancobaltcorp.com
Chilean Cobalt Corp is a primary cobalt, secondary copper, junior mining and exploration company. It is a critical materials exploration and development company focused on developing the La Cobaltera project located in Chile's historic San Juan cobalt district. La Cobaltera is a district-scale opportunity across C3's 2,635 hectares of 100 percent owned and unencumbered mining property situated in the San Juan District in northern Chile (Atacama Region III), a historic mining district with numerous past-producing mines and excellent infrastructure and accessibility.