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Mercury Systems (Mercury Systems) Effective Interest Rate on Debt % : 5.24% (As of Dec. 2023)


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What is Mercury Systems 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. Mercury Systems's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $34.7 Mil. Mercury Systems's average total debt for the quarter that ended in Dec. 2023 was $662.7 Mil. Therefore, Mercury Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.24%.


Mercury Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for Mercury Systems'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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Mercury Systems Effective Interest Rate on Debt % Chart

Mercury Systems Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 1.50 0.72 1.46 4.58

Mercury Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.57 4.65 5.05 5.16 5.24

Competitive Comparison of Mercury Systems's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Mercury Systems'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.


Mercury Systems's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mercury Systems's Effective Interest Rate on Debt % falls into.



Mercury Systems Effective Interest Rate on Debt % Calculation

Mercury Systems'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  *  -25.159/( (521.388+578.297)/ 2 )
=-1  *  -25.159/549.8425
=4.58 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=521.388 + 0
=521.388

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=578.297 + 0
=578.297

Mercury Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -34.696/( (640.668+684.752)/ 2 )
=-1  *  -34.696/662.71
=5.24 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=640.668 + 0
=640.668

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=684.752 + 0
=684.752

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Mercury Systems  (NAS:MRCY) Effective Interest Rate on Debt % Explanation

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


Mercury Systems Effective Interest Rate on Debt % Related Terms

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Mercury Systems (Mercury Systems) Business Description

Traded in Other Exchanges
Address
50 Minuteman Road, Andover, MA, USA, 01810
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.
Executives
Michelle M Mccarthy officer: SVP, CAO 50 MINUTEMAN ROAD, ANDOVER MA 01810
Wells Charles Roger Iv officer: EVP President Microelectronics 5255 GROVEMONT DRIVE, ELKRIDGE MD 21075
Orlando D Carvalho director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Debora A Plunkett director 6501 LEGACY DRIVE, PLANO TX 75024
Barry R Nearhos director C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Allen Couture officer: EVP, Execution Excellence C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
James Mitch Stevison officer: EVP, President Mission Systems 103 SANSBERRY LANE, MADISON AL 35376
Steven Ratner officer: EVP, CHRO C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
Stephanie Georges officer: EVP, CCO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher C Cambria officer: EVP, Gen Counsel & Secretary C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Howard L Lance director C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
William L Ballhaus director, officer: President & CEO 3190 FAIRVIEW PARK DRIVE, SUITE 700, FALLS CHURCH VA 22042
Roger A Krone director

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