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Central Asia Metals (LSE:CAML) Effective Interest Rate on Debt % : 126.00% (As of Jun. 2024)


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What is Central Asia Metals 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. Central Asia Metals's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was £1.9 Mil. Central Asia Metals's average total debt for the quarter that ended in Jun. 2024 was £1.5 Mil. Therefore, Central Asia Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 126.00%.


Central Asia Metals Effective Interest Rate on Debt % Historical Data

The historical data trend for Central Asia Metals'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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Central Asia Metals Effective Interest Rate on Debt % Chart

Central Asia Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 6.90 6.89 12.68 103.21

Central Asia Metals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 10.78 24.91 183.48 172.18 126.00

Competitive Comparison of Central Asia Metals's Effective Interest Rate on Debt %

For the Copper subindustry, Central Asia Metals'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.


Central Asia Metals's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Central Asia Metals's Effective Interest Rate on Debt % falls into.



Central Asia Metals Effective Interest Rate on Debt % Calculation

Central Asia Metals'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  *  -1.463/( (1.391+1.444)/ 2 )
=-1  *  -1.463/1.4175
=103.21 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.008 + 1.383
=1.391

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.047 + 0.397
=1.444

Central Asia Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -1.914/( (1.444+1.594)/ 2 )
=-1  *  -1.914/1.519
=126.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.047 + 0.397
=1.444

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.979 + 0.615
=1.594

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


Central Asia Metals  (LSE:CAML) Effective Interest Rate on Debt % Explanation

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


Central Asia Metals Effective Interest Rate on Debt % Related Terms

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Central Asia Metals Business Description

Traded in Other Exchanges
Address
40 Piccadilly, Sackville House, London, GBR, W1J 0DR
Central Asia Metals PLC is a base metals producer with copper operations in Kazakhstan and a zinc and lead mine in North Macedonia. The company's operating segments include Kounrad, sells and distributes its copper cathode product through an off-take arrangement with Traxys, and Sasa, which sells zinc and lead concentrate products to two European smelters through an off-take arrangement with Traxys. The company generates the majority of its revenue from the Kounrad segment. The company generates the majority of its revenue Geographically from the Kazakhstan region.

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