5E Advanced Materials (FRA:J9I0) Effective Interest Rate on Debt % : 6.20% (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 €3.02 Mil. 5E Advanced Materials's average total debt for the quarter that ended in Mar. 2024 was €48.80 Mil. Therefore, 5E Advanced Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.20%.

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 %

1.56

1.52

35.61

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								25.46	19.35	18.20	16.44	6.20

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 * -6.326	/	( (0.531	+	35.001)	/ 2 )
=	-1 * -6.326	/	17.766
=	35.61 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.34	+	0.191
=	0.531

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.839	+	0.162
=	35.001

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 * -3.024	/	( (39.042	+	58.549)	/ 2 )
=	-1 * -3.024	/	48.7955
=	6.20 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.909	+	0.133
=	39.042

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	58.377	+	0.172
=	58.549

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 (FRA:J9I0) 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 (FRA:J9I0) Business Description

Industry

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FEAM:USA 5EA:Australia

Address

9329 Mariposa Road, Suite 210, Hesperia, CA, USA, 92344

Website

https://www.5eadvancedmaterials.com

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.

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