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Layne Christensen Co (Layne Christensen Co) Effective Interest Rate on Debt % : 10.59% (As of Apr. 2018)


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What is Layne Christensen 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. Layne Christensen Co's annualized positive value of Interest Expense for the quarter that ended in Apr. 2018 was $17.6 Mil. Layne Christensen Co's average total debt for the quarter that ended in Apr. 2018 was $166.5 Mil. Therefore, Layne Christensen Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2018 was 10.59%.


Layne Christensen Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Layne Christensen 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.

* Premium members only.

Layne Christensen Co Effective Interest Rate on Debt % Chart

Layne Christensen Co Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 11.62 12.52 10.50 10.43

Layne Christensen Co Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
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 10.32 10.35 10.47 10.57 10.59

Competitive Comparison of Layne Christensen Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Layne Christensen 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.


Layne Christensen Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Layne Christensen Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Layne Christensen Co Effective Interest Rate on Debt % Calculation

Layne Christensen Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2017 )+Total Debt  (A: Jan. 2018 ))/ count )
=-1  *  -17.12/( (162.355+166.062)/ 2 )
=-1  *  -17.12/164.2085
=10.43 %

where

Total Debt  (A: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=162.346 + 0.009
=162.355

Total Debt  (A: Jan. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=98.769 + 67.293
=166.062

Layne Christensen Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2018 )+Total Debt  (Q: Apr. 2018 ))/ count )
=-1  *  -17.632/( (166.062+167.021)/ 2 )
=-1  *  -17.632/166.5415
=10.59 %

where

Total Debt  (Q: Jan. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=98.769 + 67.293
=166.062

Total Debt  (Q: Apr. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=98.985 + 68.036
=167.021

* 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 (Apr. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Layne Christensen Co  (NAS:LAYN) Effective Interest Rate on Debt % Explanation

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


Layne Christensen Co Effective Interest Rate on Debt % Related Terms

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Layne Christensen Co (Layne Christensen Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.
Executives
Nesser John T Iii director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson officer: Senior Vice President and CFO
Brown David A B director
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus director
Wynnefield Small Cap Value Offshore Fund Ltd other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes other: Affiliate
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller director
Wynnefield Capital, Inc. Profit Sharing Plan director, 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123

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