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EZCORP (EZCORP) Effective Interest Rate on Debt %

: 2.26% (As of Dec. 2023)
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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. EZCORP's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $14 Mil. EZCORP's average total debt for the quarter that ended in Dec. 2023 was $609 Mil. Therefore, EZCORP's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.26%.


EZCORP Effective Interest Rate on Debt % Historical Data

The historical data trend for EZCORP'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.

EZCORP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.96 6.49 4.76 1.95 2.85

EZCORP 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 % 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 Premium Member Only Premium Member Only Premium Member Only 4.32 2.25 2.24 2.26 2.26

Competitive Comparison

For the Credit Services subindustry, EZCORP'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.


EZCORP Effective Interest Rate on Debt % Distribution

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

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



EZCORP Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -16.456/( (545.993+610.481)/ 2 )
=-1  *  -16.456/578.237
=2.85 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=493.659 + 52.334
=545.993

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=519.034 + 91.447
=610.481

EZCORP'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  *  -13.76/( (610.481+606.985)/ 2 )
=-1  *  -13.76/608.733
=2.26 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=519.034 + 91.447
=610.481

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=514.698 + 92.287
=606.985

* 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.


EZCORP  (NAS:EZPW) Effective Interest Rate on Debt % Explanation

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


EZCORP Effective Interest Rate on Debt % Related Terms

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EZCORP (EZCORP) Business Description

Industry
Traded in Other Exchanges
Address
2500 Bee Cave Road, Suite 200, Building One, Rollingwood, TX, USA, 78746
EZCORP Inc is a United States-based company engaged in offering pawn loans in the United States and Mexico. It also offers short-term unsecured loans and other consumer financial products, and buy and sell second-hand goods. The operating segments of the company are us Pawn, Latin America Pawn, and other international. us Pawn segment includes all pawn activities in the United States. Latin America Pawn segment includes all pawn activities in Mexico and other parts of Latin America. The company generates revenue from merchandise sales, jewelry scrapping sales, and pawn service charges, of which key revenue is derived from the merchandise sales which are primarily collateral forfeited from pawn lending operations and used merchandise purchased from the customers.
Executives
Nicole Swies officer: Chief Revenue, Operations Off 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Ellen H Bryant officer: V.P., Deputy General Counsel 2500 BEE CAVE ROAD, BLDG. 1, STE. 200, ROLLINGWOOD TX 78746
Robert J Hicks officer: Chief Accounting Officer 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Jason A. Kulas director C/O EZCORP, INC., 2500 BEE CAVE ROAD, BLDG 1 STE 200, ROLLINGWOOD TX 78746
Lisa Vanroekel officer: Chief HR Officer 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Sunil Sajnani officer: VP, Chief Audit Executive 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Timothy Jugmans officer: Interim CFO 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Fred E. Herman officer: Chief Accounting Officer 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Hugo R. Dooner director 2500 BEE CAVE RD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Wedin Jacob Gustaf Lennart officer: Chief Product & Process Office 9500 VELETTA PLACE, AUSTIN TX 78735
Powell John Blair Jr. officer: Chief Customer Service Officer 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Keith John Robertson officer: Chief Information Officer 2500 BEE CAVE RD., BLD 1 STE 200, ROLLINGWOOD TX 78746
Zena Srivatsa Arnold director 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Webb Robert W.k. director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Shelaghmichael C. Brown director 1511 NANTUCKET, HOUSTON TX 77057