CoinShares International (CoinShares International) Effective Interest Rate on Debt % : 31.47% (As of Mar. 2024)

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What is CoinShares International 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. CoinShares International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $13.43 Mil. CoinShares International's average total debt for the quarter that ended in Mar. 2024 was $42.67 Mil. Therefore, CoinShares International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 31.47%.

CoinShares International Effective Interest Rate on Debt % Historical Data

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

CoinShares International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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20.76

50.36

8.56

6.35

28.71

CoinShares International Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															22.41	27.29	20.16	21.27	31.47

Competitive Comparison of CoinShares International's Effective Interest Rate on Debt %

For the Capital Markets subindustry, CoinShares International'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.

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

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

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

CoinShares International Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -8.737	/	( (27.736	+	33.123)	/ 2 )
=	-1 * -8.737	/	30.4295
=	28.71 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.143	+	1.593
=	27.736

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.341	+	0.782
=	33.123

CoinShares International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -13.428	/	( (33.123	+	52.213)	/ 2 )
=	-1 * -13.428	/	42.668
=	31.47 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.341	+	0.782
=	33.123

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.504	+	21.709
=	52.213

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

CoinShares International (OTCPK:CNSRF) Effective Interest Rate on Debt % Explanation

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

CoinShares International Effective Interest Rate on Debt % Related Terms

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CoinShares International (CoinShares International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CoinShares International Ltd (OTCPK:CNSRF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CS:Sweden 3TW:Germany

Address

2 Hill Street, 2nd Floor, Saint Helier, JEY, JE2 4UA

Website

https://www.coinshares.com

CoinShares International Ltd is the European digital asset manager that delivers a broad range of financial services across investment management, trading, securities, and consumer products to a wide array of clients that includes corporations, financial institutions, and individuals. The Group comprises four core operating segments; Asset Management, Capital Markets, Principal Investments, and Consumer Solutions. The company derives a majority of its revenue from the Asset management segment.