GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Anworth Mortgage Asset Corp (NYSE:ANHpA.PFD) » Definitions » Effective Interest Rate on Debt %

Anworth Mortgage Asset (Anworth Mortgage Asset) Effective Interest Rate on Debt % : 5.12% (As of Dec. 2020)


View and export this data going back to 2004. Start your Free Trial

What is Anworth Mortgage Asset 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. Anworth Mortgage Asset's annualized positive value of Interest Expense for the quarter that ended in Dec. 2020 was $21.40 Mil. Anworth Mortgage Asset's average total debt for the quarter that ended in Dec. 2020 was $417.91 Mil. Therefore, Anworth Mortgage Asset's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 was 5.12%.


Anworth Mortgage Asset Effective Interest Rate on Debt % Historical Data

The historical data trend for Anworth Mortgage Asset'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.

Anworth Mortgage Asset Effective Interest Rate on Debt % Chart

Anworth Mortgage Asset Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.19 11.51 18.51 19.79 8.91

Anworth Mortgage Asset Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 16.03 15.81 7.56 5.14 5.12

Competitive Comparison of Anworth Mortgage Asset's Effective Interest Rate on Debt %

For the REIT - Mortgage subindustry, Anworth Mortgage Asset'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.


Anworth Mortgage Asset's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Anworth Mortgage Asset's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Anworth Mortgage Asset's Effective Interest Rate on Debt % falls into.



Anworth Mortgage Asset Effective Interest Rate on Debt % Calculation

Anworth Mortgage Asset's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -44.89/( (621.434+386.697)/ 2 )
=-1  *  -44.89/504.0655
=8.91 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=487.623 + 133.811
=621.434

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=296.512 + 90.185
=386.697

Anworth Mortgage Asset's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2020 )+Total Debt  (Q: Dec. 2020 ))/ count )
=-1  *  -21.396/( (449.127+386.697)/ 2 )
=-1  *  -21.396/417.912
=5.12 %

where

Total Debt  (Q: Sep. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=347.405 + 101.722
=449.127

Total Debt  (Q: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=296.512 + 90.185
=386.697

* 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. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Anworth Mortgage Asset  (NYSE:ANHpA.PFD) Effective Interest Rate on Debt % Explanation

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


Anworth Mortgage Asset Effective Interest Rate on Debt % Related Terms

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


Anworth Mortgage Asset (Anworth Mortgage Asset) Business Description

Traded in Other Exchanges
N/A
Address
1299 Ocean Avenue, Second Floor, Santa Monica, CA, USA, 90401
Anworth Mortgage Asset Corp is engaged in the business of investment, financing, & management of a leveraged portfolio of residential mortgage-backed securities & residential mortgage loans which includes different types of investments such as Agency mortgage-backed securities, Non-agency mortgage-backed securities, & Residential mortgage loans through consolidated securitization trusts. Agency MBS include residential mortgage pass-through certificates or CMOs in which the principal and interest payments are guaranteed by a government-sponsored enterprise. Non-Agency MBS are issued by companies that are not guaranteed by federally sponsored enterprises, and the company finances its residential mortgage loans through asset-backed securities issued by the consolidated securitization trusts.