Aurubis AG (WBO:NDA) Effective Interest Rate on Debt % : 13.71% (As of Dec. 2023)

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What is Aurubis AG 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. Aurubis AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €36 Mil. Aurubis AG's average total debt for the quarter that ended in Dec. 2023 was €263 Mil. Therefore, Aurubis AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 13.71%.

Aurubis AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Aurubis AG'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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Aurubis AG Effective Interest Rate on Debt % Chart

Aurubis AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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6.58

4.25

3.17

3.77

8.05

Aurubis AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.89	5.75	8.83	13.31	13.71

Competitive Comparison of Aurubis AG's Effective Interest Rate on Debt %

For the Metal Fabrication subindustry, Aurubis AG'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.

Aurubis AG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aurubis AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Aurubis AG Effective Interest Rate on Debt % Calculation

Aurubis AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -23.743	/	( (327.505	+	262.672)	/ 2 )
=	-1 * -23.743	/	295.0885
=	8.05 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	209.107	+	118.398
=	327.505

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	204.391	+	58.281
=	262.672

Aurubis AG'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -36	/	( (262.672	+	0)	/ 1 )
=	-1 * -36	/	262.672
=	13.71 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	204.391	+	58.281
=	262.672

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Aurubis AG (WBO:NDA) Effective Interest Rate on Debt % Explanation

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

Aurubis AG Effective Interest Rate on Debt % Related Terms

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Aurubis AG (WBO:NDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aurubis AG (WBO:NDA) » Definitions » Effective Interest Rate on Debt %

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AIAGY:USA AIAGF:USA NDAd:UK 0K7F:UK NDA:Germany

Address

Hovestrasse 50, Hamburg, BY, DEU, 20539

Website

https://www.aurubis.com

Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

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