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CPI Card Group Effective Interest Rate on Debt %

: 9.37% (As of Sep. 2021)
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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. CPI Card Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was $28.7 Mil. CPI Card Group's average total debt for the quarter that ended in Sep. 2021 was $306.6 Mil. Therefore, CPI Card Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 9.37%.


CPI Card Group Effective Interest Rate on Debt % Historical Data

The historical data trend for CPI Card Group'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.

CPI Card Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.56 6.88 7.68 8.05 7.77

CPI Card Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 7.41 7.32 10.84 8.97 9.37

Competitive Comparison

For the Credit Services subindustry, CPI Card Group'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.

   

CPI Card Group Effective Interest Rate on Debt % Distribution

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

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



CPI Card Group Effective Interest Rate on Debt % Calculation

CPI Card Group'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  *  -25.397/( (312.272+341.115)/ 2 )
=-1  *  -25.397/326.6935
=7.77 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=307.778 + 4.494
=312.272

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=328.681 + 12.434
=341.115

CPI Card Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Sep. 2021 ))/ count )
=-1  *  -28.732/( (306.383+306.8)/ 2 )
=-1  *  -28.732/306.5915
=9.37 %

where

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=302.877 + 3.506
=306.383

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=303.251 + 3.549
=306.8

* 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 (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


CPI Card Group  (NAS:PMTS) Effective Interest Rate on Debt % Explanation

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


CPI Card Group Effective Interest Rate on Debt % Related Terms

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CPI Card Group Business Description

CPI Card Group logo
Industry
Financial Services » Credit Services NAICS : 522220 SIC : 6153
Traded in Other Exchanges
Address
10368 West Centennial Road, Littleton, CO, USA, 80127
CPI Card Group Inc is a payment technology company engaged in providing financial payment card solutions and services. It offers credit, debit and prepaid cards. The business segments of the group are Debit and Credit, which produces Financial Payment Cards and provides integrated card services to card-issuing banks primarily in the United States, and Prepaid Debit, which provides integrated card services to Prepaid Debit Card program managers primarily in the United States. It derives key revenue from the Debit and Credit segment.
Executives
Scheirman Scott director, officer: President & CEO THE WESTERN UNION COMPANY 12500 EAST BELFORD AVENUE ENGLEWOOD CO 80112
Dubin Lane officer: SVP & GM of Pers., Ppd. & Iss. C/O CPI CARD GROUP INC. 10368 WEST CENTENNIAL RD. LITTLETON IL 80127
Kilgore Sarah officer: Chief Legal & Compliance Off. C/O CPI CARD GROUP, INC. 10026 WEST SAN JUAN WAY LITTLETON CO 80127
Lowe John Daniel officer: CFO C/O CPI CARD GROUP 10026 W. SAN JUAN WAY, SUITE 200 LITTLETON CO 80127
Dimaggio Guy officer: SVP and GM of Secure Card C/O CPI CARD GROUP INC. 10026 WEST SAN JUAN WAY LITTLETON CO 80127
Frasier Loretta G officer: Chief Human Resources Officer C/O CPI CARD GROUP INC. 10026 W. SAN JUAN WAY LITTLETON CO 80127
Williams Sarah Elizabeth officer: Chief Technology Officer C/O CPI CARD GROUP INC. 10026 W. SAN JUAN WAY LITTLETON CO 80127
Sheinbaum Marc director 24 DEERFIELD ROAD CHAPPAQUA NY 10514
Peters Nicholas A director 10368 WEST CENTENNIAL RD. LITTLETON CO 80127
Pearce Robert director 10368 WEST CENTENNIAL RD. LITTLETON CO 80127
Pearce Douglas director C/O CPI CARD GROUP INC. 10026 WEST SAN JUAN WAY LITTLETON CO 80127
Soranno Keating Valerie director C/O CPI CARD GROUP INC. 10026 WEST SAN JUAN WAY LITTLETON CO 80127
Jacoba Lisa officer: Chief Human Resources Officer 10368 WEST CENTENNIAL RD. LITTLETON CO 80127
Bohrer Jason officer: GM & SVP Secure Card C/O CPI CARD GROUP INC. 10368 WEST CENTENNIAL ROAD LITTLETON CO 80127
Tavares Silvio director 20 TIPTOE LANE BURLINGAME CA 94010

CPI Card Group Headlines

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