GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marex Group PLC (NAS:MRX) » Definitions » Effective Interest Rate on Debt %

Marex Group (Marex Group) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2022)


View and export this data going back to 2024. Start your Free Trial

What is Marex Group 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. Marex Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $0 Mil. Marex Group's average total debt for the quarter that ended in Dec. 2022 was $2,366 Mil. Therefore, Marex Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 0.00%.

Marex Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Marex Group'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.

* Premium members only.

Marex Group Effective Interest Rate on Debt % Chart

Marex Group Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
16.16 6.97 12.15

Marex Group Quarterly Data
Dec21 Dec22 Dec23
Effective Interest Rate on Debt % - - -

Competitive Comparison of Marex Group's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Marex Group'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.

Marex Group's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

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

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


Marex Group Effective Interest Rate on Debt % Calculation

Marex Group'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  *  -470.2/( (4569+3171.5)/ 2 )
=-1  *  -470.2/3870.25
=12.15 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=167.9 + 4401.1
=4569

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=39.4 + 3132.1
=3171.5

Marex Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  0/( (163.4+4569)/ 2 )
=-1  *  0/2366.2
=0.00 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17 + 146.4
=163.4

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=167.9 + 4401.1
=4569

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

Marex Group  (NAS:MRX) Effective Interest Rate on Debt % Explanation

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

Marex Group Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Marex Group's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Marex Group (Marex Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marex Group PLC (NAS:MRX) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
N/A
Address
155 Bishopsgate, London, GBR, EC2M 3TQ
Website
https://www.marex.com
Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Marex Group (Marex Group) Headlines

From GuruFocus

Marex Group plc Announces Pricing of Initial Public Offering

By Marketwired • 04-25-2024