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Peabody Energy (Peabody Energy) Effective Interest Rate on Debt % : 15.16% (As of Dec. 2023)


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What is Peabody Energy 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. Peabody Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $57 Mil. Peabody Energy's average total debt for the quarter that ended in Dec. 2023 was $377 Mil. Therefore, Peabody Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 15.16%.


Peabody Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Peabody Energy'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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Peabody Energy Effective Interest Rate on Debt % Chart

Peabody Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.43 9.30 13.12 18.19 15.72

Peabody Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.97 20.91 15.45 15.74 15.16

Competitive Comparison of Peabody Energy's Effective Interest Rate on Debt %

For the Thermal Coal subindustry, Peabody Energy'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.


Peabody Energy's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Peabody Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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



Peabody Energy Effective Interest Rate on Debt % Calculation

Peabody Energy'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  *  -59.8/( (361.6+399.2)/ 2 )
=-1  *  -59.8/380.4
=15.72 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=368.4 + 30.8
=399.2

Peabody Energy'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -57.2/( (355.2+399.2)/ 2 )
=-1  *  -57.2/377.2
=15.16 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=342.5 + 12.7
=355.2

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=368.4 + 30.8
=399.2

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Peabody Energy  (NYSE:BTU) Effective Interest Rate on Debt % Explanation

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


Peabody Energy Effective Interest Rate on Debt % Related Terms

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Peabody Energy (Peabody Energy) Business Description

Industry
Traded in Other Exchanges
Address
701 Market Street, Peabody Plaza, St. Louis, MO, USA, 63101-1826
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, Midwestern U.S. Mining, Other U.S. Thermal Mining, and Corporate and Other.
Executives
Mark Spurbeck officer: EVP and CFO C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Elliott Investment Management L.p. 10 percent owner 360 S. ROSEMARY AVE, 18TH FLOOR, WEST PALM BEACH FL 33401
Margaret Katherine Banks director 125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Scott T. Jarboe officer: CAO and Corporate Secretary C/O PEABODY ENERGY CORP., 701 MARKET STREET, ST. LOUIS MO 63101
Darren Ronald Yeates officer: EVP & COO C/O CORPORATE SECRETARY, 701 MARKET STREET, ST. LOUIS MO 63101
James C. Grech director, officer: President and CEO 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Samantha Algaze director C/O ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
David J Miller director C/O ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
William H Champion director C/O CORPORATE SECRETARY, 701 MARKET STREET, ST. LOUIS MO 63101
Marc E. Hathhorn officer: PRESIDENT-AUSTRALIA OPERATIONS C/O CORPORATE SECRETARY, 701 MARKET STREET, ST. LOUIS MO 63101
Kemal Williamson officer: President - Americas 701 MARKET STREET, ST. LOUIS MO 63101
Paul V. Richard officer: SVP & CHIEF HR OFFICER C/O ASSISTANT CORPORATE SECRETARY, PEABODY ENERGY CORP., 701 MARKET ST., ST. LOUIS MO 63101
Glenn L Kellow director, officer: President and CEO 701 MARKET STREET, ST. LOUIS MO 63101
Charles F Meintjes officer: President - Australia 701 MARKET STREET, ST. LOUIS MO 63101
A. Verona Dorch officer: EVP,CLO,Govt Affairs&Corp Secy 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011

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