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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. Consumer Portfolio Services's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $200.2 Mil. Consumer Portfolio Services's average total debt for the quarter that ended in Sep. 2024 was $3,022.4 Mil. Therefore, Consumer Portfolio Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.62%.
The historical data trend for Consumer Portfolio Services'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.
Consumer Portfolio Services Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 4.86 | 4.76 | 3.84 | 3.97 | 5.82 |
Consumer Portfolio Services Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 5.95 | 6.29 | 6.44 | 6.69 | 6.62 |
For the Credit Services subindustry, Consumer Portfolio Services'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.
For the Credit Services industry and Financial Services sector, Consumer Portfolio Services's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Consumer Portfolio Services's Effective Interest Rate on Debt % falls into.
Consumer Portfolio Services'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 * -146.631 | / | ( (2468.958 | + | 2566.534) | / 2 ) |
= | -1 * -146.631 | / | 2517.746 | |||
= | 5.82 % |
where
Total Debt (A: Dec. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 2183.63 | + | 285.328 |
= | 2468.958 |
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 2332.509 | + | 234.025 |
= | 2566.534 |
Consumer Portfolio Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Jun. 2024 ) | + | Total Debt (Q: Sep. 2024 )) | / count ) |
= | -1 * -200.224 | / | ( (2939.835 | + | 3104.975) | / 2 ) |
= | -1 * -200.224 | / | 3022.405 | |||
= | 6.62 % |
where
Total Debt (Q: Jun. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 2857.66 | + | 82.175 |
= | 2939.835 |
Total Debt (Q: Sep. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 2999.192 | + | 105.783 |
= | 3104.975 |
* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Consumer Portfolio Services (NAS:CPSS) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Consumer Portfolio Services's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
William B Roberts | director | 126 EAST 56TH STREET, TOWER 56 12TH FLOOR, NEW YORK NY 10022 |
April Crisp | officer: Sr. Vice President | 19500 JAMBOREE RD, STE 600, IRVINE CA 92610 |
Daniel S Wood | director | |
Chris Terry | officer: Sr. Vice President | |
Greg Washer | director | 3187 PULLMAN STREET, COSTA MESA CA 92618 |
Denesh Bharwani | officer: Sr. Vice President | 19500 JAMBOREE ROAD, IRVINE CA 92612 |
John Patrick Harton | officer: Sr. Vice President | 19500 JAMBOREE ROAD, IRVINE CA 92612 |
Bradley Charles E Jr | director, officer: CEO and President | 2 ADA, IRVINE CA 92618 |
Susan Ryan | officer: Sr. Vice President | 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169 |
Charles E. Gonel | officer: Sr. Vice President | 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 86169 |
Michele L Baumeister | officer: Sr. Vice President | 19500 JAMBOREE RD, SUITE 600, IRVINE CA 92612 |
Lisette Reynoso | officer: Sr. Vice President | 19500 JAMBOREE RD., IRVINE CA 92612 |
Steven Howard Schween | officer: Sr. Vice President | 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS CA 89169 |
Catrina Marie Ralston | officer: Sr. Vice President | 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169 |
Jeffrey P Fritz | officer: SVP & CFO | 16355 LAGUNA CANYON ROAD, IRVINE CA 92618 |
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