Silvergate Capital (MEX:SI) Effective Interest Rate on Debt %: 5.16% (As of Sep. 2022)

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MEX:SI Silvergate Capital Corp MEX:SI
12 GF Score
Price MXN20.70
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What is Silvergate Capital Effective Interest Rate on Debt %?

Silvergate Capital MEX:SI 12 Effective Interest Rate on Debt % is 5.16% as of Sep. 2022. GuruFocus rates MEX:SI with a GF Score™ of 12/100.

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. Silvergate Capital's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was MXN794.78 Mil. Silvergate Capital's average total debt for the quarter that ended in Sep. 2022 was MXN15,406.37 Mil. Therefore, Silvergate Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 5.16%.

Silvergate Capital  (MEX:SI) Effective Interest Rate on Debt % Explanation

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

Silvergate Capital Effective Interest Rate on Debt % Related Terms

Silvergate Capital Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Silvergate Capital'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.

Silvergate Capital Effective Interest Rate on Debt % Chart

Silvergate Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 10.89 22.39 17.88 7.23 3.31

Silvergate Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 6.96 0.33 0.51 5.16 9.57

MEX:SI vs LBNW, TCNB, FRCB: Effective Interest Rate on Debt % Comparison

For the Banks - Regional subindustry, Silvergate Capital'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.

Silvergate Capital Effective Interest Rate on Debt % vs Banks Industry

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

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


MEX:SI
12GF Score
Silvergate Capital Corp MEX:SI
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Silvergate Capital Effective Interest Rate on Debt % Calculation

Silvergate Capital's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -23.119/( (314.91+325.044)/ 2 )
=-1  *  -23.119/319.977
=7.23 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=314.91 + 0
=314.91

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=325.044 + 0
=325.044

Silvergate Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -794.784/( (16413.311+14399.423)/ 2 )
=-1  *  -794.784/15406.367
=5.16 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16413.311 + 0
=16413.311

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14399.423 + 0
=14399.423

* 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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 5.16% mean?
Silvergate Capital (MEX:SI) has a Effective Interest Rate on Debt % of 5.16% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Silvergate Capital and its competitors.
Is Silvergate Capital's Effective Interest Rate on Debt % too high?
Silvergate Capital's current Effective Interest Rate on Debt % is 5.16%. Overall, Silvergate Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Silvergate Capital's Effective Interest Rate on Debt % compare to LBNW and TCNB?
Silvergate Capital's Effective Interest Rate on Debt % of 5.16% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Banks company?
A good Effective Interest Rate on Debt % depends on the Banks industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Silvergate Capital and its competitors. Silvergate Capital's current Effective Interest Rate on Debt % is 5.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvergate Capital stock overvalued right now?
Silvergate Capital (MEX:SI) has a current Effective Interest Rate on Debt % of 5.16%. The current Effective Interest Rate on Debt % is 5.16%. Silvergate Capital's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Silvergate Capital (MEX:SI), the current Effective Interest Rate on Debt % is 5.16% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Silvergate Capital Business Description

Address 4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of various financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.
12GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN20.70
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