Paladin Energy (Paladin Energy) Effective Interest Rate on Debt % : 11.40% (As of Dec. 2023)

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What is Paladin Energy 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. Paladin Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $10.57 Mil. Paladin Energy's average total debt for the quarter that ended in Dec. 2023 was $92.77 Mil. Therefore, Paladin Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.40%.

Paladin Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Paladin Energy'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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Paladin Energy Effective Interest Rate on Debt % Chart

Paladin Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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10.88

10.97

21.13

17.38

16.84

Paladin Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															17.77	17.10	35.23	31.68	11.40

Competitive Comparison of Paladin Energy's Effective Interest Rate on Debt %

For the Uranium subindustry, Paladin Energy'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.

Paladin Energy's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Paladin Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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

Paladin Energy Effective Interest Rate on Debt % Calculation

Paladin Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -14.314	/	( (79.493	+	90.489)	/ 2 )
=	-1 * -14.314	/	84.991
=	16.84 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	79.438	+	0.055
=	79.493

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	90.33	+	0.159
=	90.489

Paladin Energy'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -10.572	/	( (90.489	+	95.042)	/ 2 )
=	-1 * -10.572	/	92.7655
=	11.40 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	90.33	+	0.159
=	90.489

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94.764	+	0.278
=	95.042

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.

Paladin Energy (GREY:PALAY) Effective Interest Rate on Debt % Explanation

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

Paladin Energy Effective Interest Rate on Debt % Related Terms

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Paladin Energy (Paladin Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Paladin Energy Ltd (GREY:PALAY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

PALAF:USA PUR:Germany PDN:Australia

Address

191 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.paladinenergy.com.au

Paladin Energy Ltd is engaged in the production of uranium, and it operates through its various projects that are located in Australia and Africa. The operating segments of the group are Exploration, Namibia, and Australia. The segment activity in Namibia and Malawi is the production and sale of uranium from the mines located in these geographic regions. The projects of the company include Langer Heinrich Mine, Kayelekera, Mount Isa, Michelin, and Manyingee among others. The group has business operations in Australia and internationally.

Paladin Energy (Paladin Energy) Headlines

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