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Computershare (Computershare) Effective Interest Rate on Debt % : 4.98% (As of Dec. 2023)


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What is Computershare 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. Computershare's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $128 Mil. Computershare's average total debt for the quarter that ended in Dec. 2023 was $2,573 Mil. Therefore, Computershare's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.98%.

Computershare Effective Interest Rate on Debt % Historical Data

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

Computershare Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 2.65 2.19 2.28 4.82

Computershare Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.24 2.05 2.89 6.63 4.98

Competitive Comparison of Computershare's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Computershare'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.

Computershare's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Computershare's Effective Interest Rate on Debt % distribution charts can be found below:

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


Computershare Effective Interest Rate on Debt % Calculation

Computershare's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -129.451/( (2737.393+2633.154)/ 2 )
=-1  *  -129.451/2685.2735
=4.82 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2102.899 + 634.494
=2737.393

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1973.314 + 659.84
=2633.154

Computershare'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -128.066/( (2633.154+2512.382)/ 2 )
=-1  *  -128.066/2572.768
=4.98 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1973.314 + 659.84
=2633.154

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2259.16 + 253.222
=2512.382

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

Computershare  (OTCPK:CMSQY) Effective Interest Rate on Debt % Explanation

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

Computershare Effective Interest Rate on Debt % Related Terms

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Computershare (Computershare) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Computershare Ltd (OTCPK:CMSQY) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
ASX:SOL ASX:NWL ASX:HUB ASX:LNK ASX:WHF ASX:BFG ASX:OFX ASX:COG ASX:PPS ASX:RZI MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW SHSE:601066 LPLA
Traded in Other Exchanges
CMSQF:USA QCH:Germany CPU:Australia
Address
452 Johnston Street, Yarra Falls, Abbotsford, Melbourne, VIC, AUS, 3067
Website
https://www.computershare.com
Founded in Australia in 1978, Computershare has grown via acquisitions to become the world's leading provider of issuer services. Employee share plans and communications services are commonly sold together with issuer services to corporations. The company also operates a retail mortgage administration business, alongside a business services business and a corporate trust business. Over the medium term, around half of group EBITDA is expected to be generated from interest income on client cash balances, or margin income, which is exposed to interest-rate movements.