GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altona Rare Earths PLC (NEXX:ANR) » Definitions » Effective Interest Rate on Debt %

Altona Rare Earths (NEXX:ANR) Effective Interest Rate on Debt % : 25.69% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Altona Rare Earths 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. Altona Rare Earths's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.06 Mil. Altona Rare Earths's average total debt for the quarter that ended in Dec. 2023 was £0.22 Mil. Therefore, Altona Rare Earths's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 25.69%.


Altona Rare Earths Effective Interest Rate on Debt % Historical Data

The historical data trend for Altona Rare Earths'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.

Altona Rare Earths Effective Interest Rate on Debt % Chart

Altona Rare Earths Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.57 -

Altona Rare Earths Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 14.29 - - 28.90 25.69

Competitive Comparison of Altona Rare Earths's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Altona Rare Earths'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.


Altona Rare Earths's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Altona Rare Earths's Effective Interest Rate on Debt % falls into.



Altona Rare Earths Effective Interest Rate on Debt % Calculation

Altona Rare Earths's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2021 )+Total Debt  (A: Jun. 2022 ))/ count )
=-1  *  0/( (0.056+0)/ 1 )
=-1  *  0/0.056
=0.00 %

where

Altona Rare Earths's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.056/( (0.173+0.263)/ 2 )
=-1  *  -0.056/0.218
=25.69 %

where

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Altona Rare Earths  (NEXX:ANR) Effective Interest Rate on Debt % Explanation

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


Altona Rare Earths Effective Interest Rate on Debt % Related Terms

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


Altona Rare Earths (NEXX:ANR) Business Description

Traded in Other Exchanges
Address
Eccleston Yards, 25 Eccleston Place, London, GBR, SW1W 9NF
Altona Rare Earths PLC is engaged in . The operating segments of the company includes Corporate and Administrative-including activities of raising finance and seeking new investment and exploration opportunities, all based in the UK; and Mineral Exploration that is all based in Mozambique. It generates maximum revenue from Corporate and Administrative Segment.

Altona Rare Earths (NEXX:ANR) Headlines

No Headlines