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AMC Networks (FRA:9AC) Effective Interest Rate on Debt % : 5.32% (As of Mar. 2024)


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What is AMC Networks 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. AMC Networks's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €121 Mil. AMC Networks's average total debt for the quarter that ended in Mar. 2024 was €2,271 Mil. Therefore, AMC Networks's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.32%.


AMC Networks Effective Interest Rate on Debt % Historical Data

The historical data trend for AMC Networks'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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AMC Networks Effective Interest Rate on Debt % Chart

AMC Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 4.12 4.39 4.60 5.51

AMC Networks 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 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 5.05 5.24 5.32 5.46 5.32

Competitive Comparison of AMC Networks's Effective Interest Rate on Debt %

For the Entertainment subindustry, AMC Networks'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.


AMC Networks's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AMC Networks's Effective Interest Rate on Debt % distribution charts can be found below:

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



AMC Networks Effective Interest Rate on Debt % Calculation

AMC Networks's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -140.029/( (2807.138+2276.588)/ 2 )
=-1  *  -140.029/2541.863
=5.51 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2740.906 + 66.232
=2807.138

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2183.825 + 92.763
=2276.588

AMC Networks'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  *  -120.856/( (2276.588+2264.698)/ 2 )
=-1  *  -120.856/2270.643
=5.32 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2183.825 + 92.763
=2276.588

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2172.447 + 92.251
=2264.698

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


AMC Networks  (FRA:9AC) Effective Interest Rate on Debt % Explanation

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


AMC Networks Effective Interest Rate on Debt % Related Terms

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AMC Networks (FRA:9AC) Business Description

Traded in Other Exchanges
Address
11 Penn Plaza, New York, NY, USA, 10001
AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 70 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 68 million households. IFC mainly shows independent films and alternative comedy series. AMC also operates a number of niche streaming platforms including Acorn (focused on British shows) and Shudder (focused on horror programming). The firm launched AMC+, a streaming platform for its own content in 2020.

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