GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Inc (FRA:ALU2) » Definitions » Effective Interest Rate on Debt %

Alcoa (FRA:ALU2) Effective Interest Rate on Debt % : 5.49% (As of Sep. 2016)


View and export this data going back to . Start your Free Trial

What is Alcoa 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. Alcoa's annualized positive value of Interest Expense for the quarter that ended in Sep. 2016 was €474 Mil. Alcoa's average total debt for the quarter that ended in Sep. 2016 was €8,634 Mil. Therefore, Alcoa's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 was 5.49%.

Alcoa Effective Interest Rate on Debt % Historical Data

The historical data trend for Alcoa'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.

* Premium members only.

Alcoa Effective Interest Rate on Debt % Chart

Alcoa Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 5.39 5.17 5.79 5.89

Alcoa Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 5.45 5.70 5.53 5.66 5.49

Competitive Comparison of Alcoa's Effective Interest Rate on Debt %

For the Aluminum subindustry, Alcoa'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.

Alcoa's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

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

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


Alcoa Effective Interest Rate on Debt % Calculation

Alcoa's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  -457.164/( (7178.972+8356.554)/ 2 )
=-1  *  -457.164/7767.763
=5.89 %

where

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7111.659 + 67.313
=7178.972

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8302.392 + 54.162
=8356.554

Alcoa's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2016 )+Total Debt  (Q: Sep. 2016 ))/ count )
=-1  *  -474.012/( (8085.65+9182.646)/ 2 )
=-1  *  -474.012/8634.148
=5.49 %

where

Total Debt  (Q: Jun. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7367.42 + 718.23
=8085.65

Total Debt  (Q: Sep. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8465.391 + 717.255
=9182.646

* 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 (Sep. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Alcoa  (FRA:ALU2) Effective Interest Rate on Debt % Explanation

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

Alcoa Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Alcoa's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alcoa (FRA:ALU2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Inc (FRA:ALU2) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
BOM:504697 BOM:531410 BOM:542477 BOM:513307 BOM:530611 BOM:526525 WAR:ALU BOM:541276 BOM:500083 ASX:PUA SGX:5MD BOM:539045 BOM:531979 BSE:ALU ASX:ASQ BOM:532906 SGX:5FX BOM:526747 BOM:541152 ASX:VYS
Traded in Other Exchanges
N/A
Address
Website
https://www.arconic.com
Arconic Inc, formerly known as Alcoa Inc was first incorporated as the Pittsburgh Reduction Company on October 1, 1888. The Company is engaged in manufacturing and engineering lightweight metals. Its products include aluminum, titanium, and nickel, used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. The Company is also engaged in the production and management of aluminum, fabricated aluminum, and alumina combined, through its active participation in all aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. It has investments and operating activities in, among others, Australia, Brazil, China, Guinea, Iceland, Russia, and Saudi Arabia. The Company operates in segments including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company's Global Rolled Products segment represents its midstream operations. The Engineered Products and Solutions segment represents a portion of the Company's downstream operations. Its downstream portfolio includes two segments Engineered Products and Solutions and Transportation and Construction Solutions. The Engineered Products and Solutions consist of Alcoa Titanium & Engineered Products; Alcoa Fastening Systems & Rings; Alcoa Forgings and Extrusions; and Alcoa Power and Propulsion. The Company's Transportation and Construction Solutions segment represents a portion of its downstream operations. The raw materials used includes bauxite, alloying materials, caustic soda, alumina, electricity, aluminum fluoride, fuel oil, calcined petroleum coke, lime (CaO), cathode blocks, natural gas, electricity, liquid pitch, natural gas, titanium alloys, titanium sponge and resin. The Company's trademark products include Howmet metal castings, Huck fasteners, Kawneer building panels and Dura-Bright wheels with easy-clean surface treatments.

Alcoa (FRA:ALU2) Headlines

No Headlines