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5E Advanced Materials (5E Advanced Materials) Effective Interest Rate on Debt % : 6.19% (As of Mar. 2024)


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What is 5E Advanced Materials 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. 5E Advanced Materials's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $3.29 Mil. 5E Advanced Materials's average total debt for the quarter that ended in Mar. 2024 was $53.11 Mil. Therefore, 5E Advanced Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.19%.


5E Advanced Materials Effective Interest Rate on Debt % Historical Data

The historical data trend for 5E Advanced Materials'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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5E Advanced Materials Effective Interest Rate on Debt % Chart

5E Advanced Materials Annual Data
Trend Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
1.62 1.38 35.62

5E Advanced Materials Quarterly Data
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 25.59 19.46 18.07 16.61 6.19

Competitive Comparison of 5E Advanced Materials's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, 5E Advanced Materials'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.


5E Advanced Materials's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, 5E Advanced Materials's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 5E Advanced Materials's Effective Interest Rate on Debt % falls into.



5E Advanced Materials Effective Interest Rate on Debt % Calculation

5E Advanced Materials'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  *  -6.854/( (0.561+37.921)/ 2 )
=-1  *  -6.854/19.241
=35.62 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.359 + 0.202
=0.561

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=37.745 + 0.176
=37.921

5E Advanced Materials'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  *  -3.288/( (42.576+63.64)/ 2 )
=-1  *  -3.288/53.108
=6.19 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.431 + 0.145
=42.576

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=63.453 + 0.187
=63.64

* 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.


5E Advanced Materials  (NAS:FEAM) Effective Interest Rate on Debt % Explanation

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


5E Advanced Materials Effective Interest Rate on Debt % Related Terms

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5E Advanced Materials (5E Advanced Materials) Business Description

Traded in Other Exchanges
Address
9329 Mariposa Road, Suite 210, Hesperia, CA, USA, 92344
5E Advanced Materials Inc is engaged boron specialty advanced materials and lithium with a focus on enabling decarbonization, including electric transportation, clean energy, and food security.
Executives
David J Salisbury director 59 NORTH 100 EAST, PO BOX 228, NEWTON UT 84327
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Brennan Susan Seilheimer officer: Chief Executive Officer C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
George Fairchild officer: Principal Accounting Officer C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
Anthony David Hall officer: Principal Executive Officer C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
Patricia Mishic O'brien director C/O WINSTON & STRAWN LLP, 800 CAPITOL ST, SUITE 2400, HOUSTON TX 77002
H. Keith Jennings director 2000 ST. JAMES PLACE, HOUSTON TX 77056
Sen Ming Lim director FLAT 12D, GREENVIEW GARDENS, 125 ROBINSON ROAD, MID-LEVELS WEST, HONG KONG K3 00000
Weibel Paul Wesley Iii officer: Chief Financial Officer 8956 HILLSIDE ROAD, ALTA LOMA CA 91737
Chantel Renee Jordan officer: General Counsel 3739 DRAKE ST., HOUSTON TX 77005
Stephen Brian Hunt director 21 ALLEN GROVE, UNLEY C3 SA 5061
Atlas Precious Metals Inc. 10 percent owner 10750 E. PRINCE RD, TUCSON AZ 85749
Henri Tausch director, officer: Chief Executive Officer 22 MOHAWK PATH PL, THE WOODLANDS TX 77389
Tyson Joseph Hall officer: Chief Operating Officer 1508 BUCKEYE ST., FORT COLLINS CO 80524
Chanson Joseph Pipitone officer: Head of Corporate Development 621 ROY STREET, HOUSTON TX 77007