SPGZ (Spectrum Group International) Effective Interest Rate on Debt %: 2.84% (As of Dec. 2013)

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What is Spectrum Group International Effective Interest Rate on Debt %?

Spectrum Group International SPGZ Effective Interest Rate on Debt % is 2.84% as of Dec. 2013.

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. Spectrum Group International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2013 was $4 Mil. Spectrum Group International's average total debt for the quarter that ended in Dec. 2013 was $150 Mil. Therefore, Spectrum Group International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 was 2.84%.

Spectrum Group International  (OTCPK:SPGZ) Effective Interest Rate on Debt % Explanation

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

Spectrum Group International Effective Interest Rate on Debt % Related Terms

Spectrum Group International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Spectrum Group International'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.

Spectrum Group International Effective Interest Rate on Debt % Chart

Spectrum Group International Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 3.94 3.87 3.85 3.34

Spectrum Group International Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 4.85 2.88 4.34 3.17 2.84

SPGZ vs KIRK, LIVE: Effective Interest Rate on Debt % Comparison

For the Specialty Retail subindustry, Spectrum Group International'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.

Spectrum Group International Effective Interest Rate on Debt % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Spectrum Group International's Effective Interest Rate on Debt % distribution charts can be found below:

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


Spectrum Group International Effective Interest Rate on Debt % Calculation

Spectrum Group International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2012 )+Total Debt  (A: Jun. 2013 ))/ count )
=-1  *  -4.404/( (114.973+148.36)/ 2 )
=-1  *  -4.404/131.6665
=3.34 %

where

Total Debt  (A: Jun. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.574 + 108.399
=114.973

Total Debt  (A: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.788 + 139.572
=148.36

Spectrum Group International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2013 )+Total Debt  (Q: Dec. 2013 ))/ count )
=-1  *  -4.26/( (154.193+145.523)/ 2 )
=-1  *  -4.26/149.858
=2.84 %

where

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.741 + 145.452
=154.193

Total Debt  (Q: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.716 + 136.807
=145.523

* 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. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 2.84% mean?
Spectrum Group International (SPGZ) has a Effective Interest Rate on Debt % of 2.84% as of Dec. 2013. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Spectrum Group International and its competitors.
Is Spectrum Group International's Effective Interest Rate on Debt % too high?
Spectrum Group International's current Effective Interest Rate on Debt % is 2.84%.
How does Spectrum Group International's Effective Interest Rate on Debt % compare to KIRK and LIVE?
Spectrum Group International's Effective Interest Rate on Debt % of 2.84% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Retail - Cyclical company?
A good Effective Interest Rate on Debt % depends on the Retail - Cyclical industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Spectrum Group International and its competitors. Spectrum Group International's current Effective Interest Rate on Debt % is 2.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Group International stock overvalued right now?
Spectrum Group International (SPGZ) has a current Effective Interest Rate on Debt % of 2.84%. The current Effective Interest Rate on Debt % is 2.84%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Spectrum Group International (SPGZ), the current Effective Interest Rate on Debt % is 2.84% as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spectrum Group International Business Description

Address 1063 McGaw Avenue, Suite 250, Irvine, CA, USA, 92614
Spectrum Group International Inc is an auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It operates in two segments: Trading and Collectibles.