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Guild Holdings Co (Guild Holdings Co) Effective Interest Rate on Debt % : 11.98% (As of Mar. 2024)


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What is Guild Holdings Co 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. Guild Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $67.4 Mil. Guild Holdings Co's average total debt for the quarter that ended in Mar. 2024 was $562.4 Mil. Therefore, Guild Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 11.98%.


Guild Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Guild Holdings Co'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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Guild Holdings Co Effective Interest Rate on Debt % Chart

Guild Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 29.91 26.37 21.29 8.03 9.72

Guild Holdings Co 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 5.40 6.60 6.91 8.90 11.98

Competitive Comparison of Guild Holdings Co's Effective Interest Rate on Debt %

For the Mortgage Finance subindustry, Guild Holdings Co'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.


Guild Holdings Co's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guild Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Guild Holdings Co's Effective Interest Rate on Debt % falls into.



Guild Holdings Co Effective Interest Rate on Debt % Calculation

Guild Holdings Co'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  *  -70.598/( (925.908+526.781)/ 2 )
=-1  *  -70.598/726.3445
=9.72 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=212.757 + 713.151
=925.908

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=496.781 + 30
=526.781

Guild Holdings Co'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  *  -67.372/( (526.781+598.115)/ 2 )
=-1  *  -67.372/562.448
=11.98 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=496.781 + 30
=526.781

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=559.115 + 39
=598.115

* 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.


Guild Holdings Co  (NYSE:GHLD) Effective Interest Rate on Debt % Explanation

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


Guild Holdings Co Effective Interest Rate on Debt % Related Terms

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Guild Holdings Co (Guild Holdings Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5887 Copley Drive, San Diego, CA, USA, 92111
Guild Holdings Co is a growth-oriented mortgage company. It operates in two segments; The origination segment operates its loan origination business throughout the United States. It is responsible for loan origination, acquisition, and sale activities. This segment is further divided into retail and correspondent channel, and The servicing segment provides a steady stream of cash flow to support the origination segment more importantly it allows for the Company to build long-standing client relationships that drive repeat and referral business back to the origination segment to recapture the client's next mortgage transaction. It is responsible for the servicing activities of all loans in its servicing portfolio. It generates a majority of its revenue from the Origination segment.
Executives
Martha E. Marcon director 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
Edward Jr Bryant director 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Gioia Messinger director VICON INDUSTRIES, INC., 135 FELL COURT, HAUPPAUGE NY 11788
Patrick Joseph Duffy director, 10 percent owner 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Lisa Irene Klika officer: SEE REMARKS 5887 COPLEY DRIVE, SAN DIEGO CA 92111
David Manuel Neylan officer: See Remarks 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mary Ann Mcgarry director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Terry Lynn Schmidt director, 10 percent owner, officer: PRESIDENT 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Barrett Horn officer: See Remarks 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Desiree Amber Elwell officer: See Remarks 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mccarthy Partners, Llc 10 percent owner 1601 DODGE STREET, SUITE 3800, OMAHA NE 68102
Mcgarry Strategic Enterprises, Llc 10 percent owner 10666 FRANK DANIEL WAY, SAN DIEGO CA 92131
Mccarthy Capital Mortgage Investors, Llc 10 percent owner 1601 DODGE ST., SUITE 3800, OMAHA NE 68102
Michael Charles Meyer director 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mccarthy Partners Management, Llc 10 percent owner 1601 DODGE STREET, SUITE 3800, OMAHA NE 68102