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Anglogold Ashanti (Anglogold Ashanti) Effective Interest Rate on Debt %

: 7.03% (As of Jun. 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. Anglogold Ashanti's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $150 Mil. Anglogold Ashanti's average total debt for the quarter that ended in Jun. 2023 was $2,134 Mil. Therefore, Anglogold Ashanti's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 7.03%.


Anglogold Ashanti Effective Interest Rate on Debt % Historical Data

The historical data trend for Anglogold Ashanti'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 7.23 [6] => 7.90 [7] => 7.18 [8] => 5.27 [9] => 6.99 )
Anglogold Ashanti Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.23 7.90 7.18 5.27 6.99

Anglogold Ashanti Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 5.25 5.24 6.03 7.65 7.03

Competitive Comparison

For the Gold subindustry, Anglogold Ashanti'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.


Anglogold Ashanti Effective Interest Rate on Debt % Distribution

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

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



Anglogold Ashanti Effective Interest Rate on Debt % Calculation

Anglogold Ashanti's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -149/( (2094+2171)/ 2 )
=-1  *  -149/2132.5
=6.99 %

where

Anglogold Ashanti's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -150/( (2171+2096)/ 2 )
=-1  *  -150/2133.5
=7.03 %

where

* 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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Anglogold Ashanti  (NYSE:AU) Effective Interest Rate on Debt % Explanation

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


Anglogold Ashanti Effective Interest Rate on Debt % Related Terms

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Anglogold Ashanti (Anglogold Ashanti) Business Description

Traded in Other Exchanges
Address
112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.

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