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ATN International (ATN International) Effective Interest Rate on Debt % : 6.64% (As of Mar. 2024)


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What is ATN 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. ATN International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $44.3 Mil. ATN International's average total debt for the quarter that ended in Mar. 2024 was $667.4 Mil. Therefore, ATN International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.64%.


ATN International Effective Interest Rate on Debt % Historical Data

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

ATN 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 4.09 3.68 3.15 3.92 6.99

ATN International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.02 6.79 7.23 7.41 6.64

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

For the Telecom Services subindustry, ATN 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.


ATN International's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, ATN International's Effective Interest Rate on Debt % distribution charts can be found below:

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



ATN International Effective Interest Rate on Debt % Calculation

ATN 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  *  -42.686/( (566.024+655.023)/ 2 )
=-1  *  -42.686/610.5235
=6.99 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=538.321 + 27.703
=566.024

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=608.459 + 46.564
=655.023

ATN International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -44.3/( (655.023+679.798)/ 2 )
=-1  *  -44.3/667.4105
=6.64 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=608.459 + 46.564
=655.023

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=636.079 + 43.719
=679.798

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


ATN International  (NAS:ATNI) Effective Interest Rate on Debt % Explanation

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


ATN International Effective Interest Rate on Debt % Related Terms

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ATN International (ATN International) Business Description

Traded in Other Exchanges
Address
500 Cummings Center, Suite 2450, Beverly, MA, USA, 01915
ATN International Inc is a telecommunications and utilities company. The company provides critical infrastructure-based communications and related information technology solutions. Its operating segments comprise of US Telecom, International Telecom, and Renewable Energy. The company earns revenue from its telecommunication and renewable energy operations.
Executives
Pamela F Lenehan director C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Michael T Prior officer: President and CEO C/O ATLANTIC TELE NETWORK INC, 19 ESTATE THOMAS HAVEN SITE, ST THOMAS VI D8 999999999
Richard J Ganong director C/O ATN INTERNATIONAL, INC., 500 CUMMING, 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Derek Hudson director C/O 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Patricia Jacobs director ONE CITY CENTER, 5TH FLOOR, PORTLAND ME 04101
Justin D Benincasa officer: CFO, Treasurer C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
Justin M Leon officer: SVP, Corporate Development C/O 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
April Henry director C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Prior Cornelius B Jr officer: Executive Chairman
William F Kreisher officer: Senior VP, Corporate Dev. ATLANTIC TELE NETWORK, 10 DERBY SQUARE, SALEM MA 01970
James S Eisenstein director C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
John Clarke Kennedy director C/O ATN INTERNATIONAL, INC., 500 CUMMING, 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Brad W Martin officer: EVP - Operations C/O ATN INTERNATIONAL, INC., 500 CUMMING, BEVERLY MA 01915
Mary Mabey officer: SVP and General Counsel ATN INTERNATIONAL, INC., 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Leonard Q. Slap officer: SVP and General Counsel ATLANTIC TELE-NETWORK, INC., 600 CUMMINGS CENTER, BEVERLY MA 01915