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Alpha Metallurgical Resources (Alpha Metallurgical Resources) Effective Interest Rate on Debt % : 43.88% (As of Mar. 2024)


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What is Alpha Metallurgical Resources 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. Alpha Metallurgical Resources's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $4 Mil. Alpha Metallurgical Resources's average total debt for the quarter that ended in Mar. 2024 was $10 Mil. Therefore, Alpha Metallurgical Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 43.88%.


Alpha Metallurgical Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Alpha Metallurgical Resources'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.

Alpha Metallurgical Resources Effective Interest Rate on Debt % Chart

Alpha Metallurgical Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 11.44 12.68 13.51 9.49 64.86

Alpha Metallurgical Resources 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 60.05 64.03 64.22 61.35 43.88

Competitive Comparison of Alpha Metallurgical Resources's Effective Interest Rate on Debt %

For the Coking Coal subindustry, Alpha Metallurgical Resources'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.


Alpha Metallurgical Resources's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alpha Metallurgical Resources's Effective Interest Rate on Debt % distribution charts can be found below:

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



Alpha Metallurgical Resources Effective Interest Rate on Debt % Calculation

Alpha Metallurgical Resources'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  *  -6.923/( (10.975+10.374)/ 2 )
=-1  *  -6.923/10.6745
=64.86 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.897 + 3.078
=10.975

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.792 + 3.582
=10.374

Alpha Metallurgical Resources'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  *  -4.344/( (10.374+9.426)/ 2 )
=-1  *  -4.344/9.9
=43.88 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.792 + 3.582
=10.374

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.034 + 3.392
=9.426

* 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.


Alpha Metallurgical Resources  (NYSE:AMR) Effective Interest Rate on Debt % Explanation

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


Alpha Metallurgical Resources Effective Interest Rate on Debt % Related Terms

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Alpha Metallurgical Resources (Alpha Metallurgical Resources) Business Description

Traded in Other Exchanges
N/A
Address
340 Martin Luther King Jr. Boulevard, Bristol, TN, USA, 37620
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
Executives
David J. Stetson director C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Daniel E. Horn officer: Executive Vice President-Sales C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Jason E. Whitehead officer: Chief Operating Officer C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Roger Lee Nicholson officer: EVP, Gen. Counsel & Secretary C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Baker De Neufville Joanna director 340 MARTIN LUTHER KING JR BLVD, BRISTOL TN 37620
Michael Gorzynski director, other: See Remarks 595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental General Holdings Llc other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Mg Capital Management Ltd. other: See Remarks C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Percy Rockdale Llc other: See Remarks 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Continental Insurance Group, Ltd. other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental General Insurance Co other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Joshua Todd Munsey officer: Chief Financial Officer 340 MARTIN LUTHER KING BOULEVARD, BRISTOL TN 37620
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Scott D. Vogel director 885 PARK AVENUE, NEW YORK NY 10075
Charles Andrew Eidson officer: Chief Financial Officer ONE ALPHA PLACE, P.O. BOX 16429, BRISTOL VA 24209

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