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Mercer International (Mercer International) Effective Interest Rate on Debt % : 6.72% (As of Dec. 2023)


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What is Mercer International 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. Mercer International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $109 Mil. Mercer International's average total debt for the quarter that ended in Dec. 2023 was $1,621 Mil. Therefore, Mercer International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.72%.


Mercer International Effective Interest Rate on Debt % Historical Data

The historical data trend for Mercer International'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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Mercer International Effective Interest Rate on Debt % Chart

Mercer International 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 6.90 6.92 5.69 5.45 5.89

Mercer International 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 5.51 5.50 5.68 5.75 6.72

Competitive Comparison of Mercer International's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, Mercer International'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.


Mercer International's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mercer International's Effective Interest Rate on Debt % distribution charts can be found below:

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



Mercer International Effective Interest Rate on Debt % Calculation

Mercer International'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  *  -88.246/( (1368.606+1628.887)/ 2 )
=-1  *  -88.246/1498.7465
=5.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1355.983 + 12.623
=1368.606

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1617.18 + 11.707
=1628.887

Mercer International'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  *  -108.98/( (1614.06+1628.887)/ 2 )
=-1  *  -108.98/1621.4735
=6.72 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1601.369 + 12.691
=1614.06

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1617.18 + 11.707
=1628.887

* 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.


Mercer International  (NAS:MERC) Effective Interest Rate on Debt % Explanation

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


Mercer International Effective Interest Rate on Debt % Related Terms

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Mercer International (Mercer International) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1G8
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. Pulp segment consists of the manufacture, sale and distribution of pulp, electricity and chemicals. Solid wood segment consists of the manufacture, sale and distribution of lumber, manufactured products wood pallets, electricity, biofuels and wood residuals from sawmills and other facilities located in Germany and the United States. The company has its geographical presence in USA, Germany, China and Other countries. Majority of the revenue is generated from the Pulp segment.
Executives
Janine North director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Alice Laberge director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Torbjoern Loeoef director SUITE 1120-700 WEST PENDER STREET, VANCOUVER A1 V6C1G8
Thomas Kevin Corrick director C/O BOISE CASCADE, L.L.C., 1111 W. JEFFERSON ST., STE 300, BOISE ID 83702-5389
Cynthia Margaret Alekson officer: VP, Controller SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Wolfgang Beck officer: Senior VP,Global Product SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Carsten Merforth officer: COO, Wood Products SUITE 1120 - 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Rainer Rettig director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Keith Purchase director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Peter R Kellogg 10 percent owner 48 WALL STREET, C/O IAT REINSURANCE CO LTD, NEW YORK NY 10005
Bueno Estrada Juan Carlos officer: Chief Executive Officer & Pres SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Guy Arguin officer: Chief Human Resources Officer SUITE 1120 - 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Eric Xavier Heine officer: VP Sales & Marketing NA & Asia 650 WEST GEORGIA STREET, VANCOUVER A1 V6B 4N8
Wolfram Ridder officer: VP of Business Development AM EISENBUHL 7, SELBITZ 2M D-95152
Alan C. Wallace director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8