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RDUS (Radius Recycling) Effective Interest Rate on Debt % : 6.14% (As of Feb. 2025)


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What is Radius Recycling 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. Radius Recycling's annualized positive value of Interest Expense for the quarter that ended in Feb. 2025 was $35 Mil. Radius Recycling's average total debt for the quarter that ended in Feb. 2025 was $572 Mil. Therefore, Radius Recycling's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 was 6.14%.


Radius Recycling Effective Interest Rate on Debt % Historical Data

The historical data trend for Radius Recycling'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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Radius Recycling Effective Interest Rate on Debt % Chart

Radius Recycling Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 2.30 2.94 5.04 5.95

Radius Recycling Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 5.21 5.75 6.65 6.33 6.14

Competitive Comparison of Radius Recycling's Effective Interest Rate on Debt %

For the Steel subindustry, Radius Recycling'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.


Radius Recycling's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Radius Recycling's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Radius Recycling Effective Interest Rate on Debt % Calculation

Radius Recycling's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2023 )+Total Debt  (A: Aug. 2024 ))/ count )
=-1  *  -26.898/( (365.313+538.278)/ 2 )
=-1  *  -26.898/451.7955
=5.95 %

where

Total Debt  (A: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=339.665 + 25.648
=365.313

Total Debt  (A: Aug. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=513.328 + 24.95
=538.278

Radius Recycling's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2024 )+Total Debt  (Q: Feb. 2025 ))/ count )
=-1  *  -35.084/( (581.53+561.862)/ 2 )
=-1  *  -35.084/571.696
=6.14 %

where

Total Debt  (Q: Nov. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=555.155 + 26.375
=581.53

Total Debt  (Q: Feb. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=535.223 + 26.639
=561.862

* 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 (Feb. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Radius Recycling  (NAS:RDUS) Effective Interest Rate on Debt % Explanation

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


Radius Recycling Effective Interest Rate on Debt % Related Terms

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Radius Recycling Business Description

Industry
Traded in Other Exchanges
Address
299 SW Clay Street, Suite 400, Portland, OR, USA, 97201
Radius Recycling Inc is a North American Based company which is involved in recycling of ferrous and nonferrous metal, including end-of-life vehicles, and a manufacturer of finished steel products. As a vertically integrated organization, it offers products and services to meet world-wide demand through the network that includes fifty retail self-service auto parts stores, fifty four metals recycling facilities, and an electric arc furnace steel mill.
Executives
Steven Heiskell officer: SVP & Managing Director, APB 299 SW CLAY ST. SUITE 350, PORTLAND OR 97201
James Matthew Vaughn officer: SVP, GC, & Corp. Secretary ONE MEMORIAL PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Stefano R. Gaggini officer: Corporate Controller 299 SW CLAY ST. SUITE 350, PORTLAND OR 97201
Brian Souza officer: SVP, Chief Ops Mgmt Officer C/O SCHNITZER STEEL INDUSTRIES, INC., 299 SW CLAY ST., PORTLAND OR 97201
Michael R Henderson officer: SVP & Pres Metal Recyling Bus P O BOX 10047, PORTLAND OR 97296
Mark Schuessler officer: VP and CAO C/O SCHNITZER STEEL INDUSTRIES, INC., 299 SW CLAY ST., PORTLAND OR 97201
Gregory R Friedman director C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Wayland R Hicks director PO BOX 330608, MIAMIA FL 33233
Peter B Saba officer: SVP & General Counsel 6903 ROCKLEDGE DRIVE, BETHESDA MD 20817
Leslie L Shoemaker director TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Richard Peach officer: Deputy CFO 299 SW CLAY STREET, SUITE 350, PORTLAND OR 97201
John D Carter director, officer: President and CEO 17575 LITTLE RIVER DRIVE, BEND OR 97707
Glenda J Minor director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
Wilson D Erich officer: SVP, Chief HR Officer 299 SW CLAY ST., SUITE 350, PORTLAND OR 97201
Jeffery Dyck officer: Pres. CascadeSteelRollingMills 299 SW CLAY STREET, PORTLAND OR 97201