Atlas Consolidated Mining & Development (PHS:AT) Effective Interest Rate on Debt % : 4.03% (As of Dec. 2024)

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What is Atlas Consolidated Mining & Development 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. Atlas Consolidated Mining & Development's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₱681 Mil. Atlas Consolidated Mining & Development's average total debt for the quarter that ended in Dec. 2024 was ₱16,911 Mil. Therefore, Atlas Consolidated Mining & Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.03%.

Atlas Consolidated Mining & Development Effective Interest Rate on Debt % Historical Data

The historical data trend for Atlas Consolidated Mining & Development'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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Atlas Consolidated Mining & Development Effective Interest Rate on Debt % Chart

Atlas Consolidated Mining & Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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5.42

4.78

3.81

3.61

3.72

Atlas Consolidated Mining & Development Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.76	3.58	3.59	3.60	4.03

Competitive Comparison of Atlas Consolidated Mining & Development's Effective Interest Rate on Debt %

For the Copper subindustry, Atlas Consolidated Mining & Development'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.

Atlas Consolidated Mining & Development's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Atlas Consolidated Mining & Development's Effective Interest Rate on Debt % falls into.

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Atlas Consolidated Mining & Development Effective Interest Rate on Debt % Calculation

Atlas Consolidated Mining & Development's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -624.877	/	( (16434.221	+	17181.761)	/ 2 )
=	-1 * -624.877	/	16807.991
=	3.72 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13940.163	+	2494.058
=	16434.221

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15883.881	+	1297.88
=	17181.761

Atlas Consolidated Mining & Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -681.384	/	( (16640.09	+	17181.761)	/ 2 )
=	-1 * -681.384	/	16910.9255
=	4.03 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14117.689	+	2522.401
=	16640.09

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15883.881	+	1297.88
=	17181.761

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

Atlas Consolidated Mining & Development (PHS:AT) Effective Interest Rate on Debt % Explanation

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

Atlas Consolidated Mining & Development Effective Interest Rate on Debt % Related Terms

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Atlas Consolidated Mining & Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Consolidated Mining & Development Corp (PHS:AT) » Definitions » Effective Interest Rate on Debt %

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Address

Palm Coast Avenue Corner Pacific Drive, 5th Floor, Five E-Com Center, Mall of Asia Complex, Metro Manila, Pasay, RIZ, PHL, 1300

Website

https://www.atlasmining.com.ph

Atlas Consolidated Mining & Development Corp is engaged in metallic mineral mining and exploration and produces copper concentrate, magnetite iron ore concentrate, and others. The company operates in two segments Mining and Non-Mining. Its mining segment is engaged in exploration and mining operations and the non-mining segment is engaged in services, bulk water supply or acts as holding company. It is also engaged in the development and commercial production of other marketable by-products such as pyrite, magnetite, and molybdenum.