Coeur Mining (BUE:CDE) Effective Interest Rate on Debt % : 5.01% (As of Dec. 2023)

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What is Coeur Mining 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. Coeur Mining's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ARS9,604 Mil. Coeur Mining's average total debt for the quarter that ended in Dec. 2023 was ARS191,766 Mil. Therefore, Coeur Mining's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.01%.

Coeur Mining Effective Interest Rate on Debt % Historical Data

The historical data trend for Coeur Mining'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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Coeur Mining Effective Interest Rate on Debt % Chart

Coeur Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.65

7.46

4.03

5.27

6.60

Coeur Mining 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															5.71	5.66	5.61	6.28	5.01

Competitive Comparison of Coeur Mining's Effective Interest Rate on Debt %

For the Gold subindustry, Coeur Mining'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.

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

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

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

Coeur Mining Effective Interest Rate on Debt % Calculation

Coeur Mining'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 * -9526.79	/	( (88434.199	+	200457.885)	/ 2 )
=	-1 * -9526.79	/	144446.042
=	6.60 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82375.663	+	6058.536
=	88434.199

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	188685.314	+	11772.571
=	200457.885

Coeur Mining'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 * -9604.044	/	( (183074.948	+	200457.885)	/ 2 )
=	-1 * -9604.044	/	191766.4165
=	5.01 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	171515.399	+	11559.549
=	183074.948

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	188685.314	+	11772.571
=	200457.885

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.

Coeur Mining (BUE:CDE) Effective Interest Rate on Debt % Explanation

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

Coeur Mining Effective Interest Rate on Debt % Related Terms

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Coeur Mining (BUE:CDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coeur Mining Inc (BUE:CDE) » Definitions » Effective Interest Rate on Debt %

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CDE:USA 1CDE:Italy CDM1:Germany CDE:Austria

Address

104 South Michigan Avenue, Suite 900, Chicago, IL, USA, 60603

Website

https://www.coeur.com

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America.