A-Mark Precious Metals (STU:AND) Effective Interest Rate on Debt % : 4.85% (As of Mar. 2024)

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What is A-Mark Precious Metals 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. A-Mark Precious Metals's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €36 Mil. A-Mark Precious Metals's average total debt for the quarter that ended in Mar. 2024 was €751 Mil. Therefore, A-Mark Precious Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.85%.

A-Mark Precious Metals Effective Interest Rate on Debt % Historical Data

The historical data trend for A-Mark Precious Metals'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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A-Mark Precious Metals Effective Interest Rate on Debt % Chart

A-Mark Precious Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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5.16

5.73

4.89

4.30

4.91

A-Mark Precious Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.57	5.49	5.55	5.10	4.85

Competitive Comparison of A-Mark Precious Metals's Effective Interest Rate on Debt %

For the Capital Markets subindustry, A-Mark Precious Metals'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.

A-Mark Precious Metals's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, A-Mark Precious Metals's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where A-Mark Precious Metals's Effective Interest Rate on Debt % falls into.

A-Mark Precious Metals Effective Interest Rate on Debt % Calculation

A-Mark Precious Metals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -29.1	/	( (565.44	+	618.944)	/ 2 )
=	-1 * -29.1	/	592.192
=	4.91 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94.643	+	470.797
=	565.44

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.098	+	614.846
=	618.944

A-Mark Precious Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -36.456	/	( (755.579	+	746.302)	/ 2 )
=	-1 * -36.456	/	750.9405
=	4.85 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	277.045	+	478.534
=	755.579

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	276.884	+	469.418
=	746.302

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

A-Mark Precious Metals (STU:AND) Effective Interest Rate on Debt % Explanation

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

A-Mark Precious Metals Effective Interest Rate on Debt % Related Terms

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A-Mark Precious Metals (STU:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » A-Mark Precious Metals Inc (STU:AND) » Definitions » Effective Interest Rate on Debt %

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AMRK:USA

Address

2121 Rosecrans Avenue, Suite 6300, El Segundo, CA, USA, 90245

Website

https://www.amark.com

A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Trading and Ancillary Services; Secured Lending and Direct Sales. It generates maximum revenue from the Wholesale Trading and Ancillary Services segment. The Wholesale Trading and Ancillary Services segment comprises business units such as Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and Mint. Geographically, it derives a majority of its revenue from the United States.

A-Mark Precious Metals (STU:AND) Headlines

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