Atlas Pearls (ASX:ATP) Effective Interest Rate on Debt % : 13.29% (As of Dec. 2024)

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What is Atlas Pearls 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. Atlas Pearls's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$0.05 Mil. Atlas Pearls's average total debt for the quarter that ended in Dec. 2024 was A$0.35 Mil. Therefore, Atlas Pearls's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 13.29%.

Atlas Pearls Effective Interest Rate on Debt % Historical Data

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

Atlas Pearls Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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8.07

8.90

7.84

6.88

7.83

Atlas Pearls Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.13	-5.81	12.42	-	13.29

Competitive Comparison of Atlas Pearls's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Atlas Pearls'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.

Atlas Pearls's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Atlas Pearls's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Atlas Pearls Effective Interest Rate on Debt % Calculation

Atlas Pearls's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -0.02	/	( (0.224	+	0.287)	/ 2 )
=	-1 * -0.02	/	0.2555
=	7.83 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.16	+	0.064
=	0.224

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.218	+	0.069
=	0.287

Atlas Pearls's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.046	/	( (0.287	+	0.405)	/ 2 )
=	-1 * -0.046	/	0.346
=	13.29 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.218	+	0.069
=	0.287

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.001	+	0.404
=	0.405

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Atlas Pearls (ASX:ATP) Effective Interest Rate on Debt % Explanation

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

Atlas Pearls Effective Interest Rate on Debt % Related Terms

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Atlas Pearls Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Atlas Pearls Ltd (ASX:ATP) » Definitions » Effective Interest Rate on Debt %

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Address

26 Railway Road, Subiaco, Perth, WA, AUS, 6008

Website

https://www.atlaspearls.com.au

Atlas Pearls Ltd is engaged in producing South Sea pearls, with farming operations throughout Indonesia, and sold through a multi-faceted distribution network. The operating segments of the company are identified based on the location in which the product is sold and includes; Australia and Indonesia. The company derives a majority of its revenue from Australia.

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