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SJW Group (SJW Group) Effective Interest Rate on Debt % : 3.99% (As of Dec. 2023)


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What is SJW Group 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. SJW Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $68.9 Mil. SJW Group's average total debt for the quarter that ended in Dec. 2023 was $1,726.4 Mil. Therefore, SJW Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.99%.


SJW Group Effective Interest Rate on Debt % Historical Data

The historical data trend for SJW Group'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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SJW Group Effective Interest Rate on Debt % Chart

SJW Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 3.66 3.47 3.57 3.89

SJW Group 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 3.84 3.83 3.99 4.00 3.99

Competitive Comparison of SJW Group's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, SJW Group'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.


SJW Group's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SJW Group's Effective Interest Rate on Debt % distribution charts can be found below:

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



SJW Group Effective Interest Rate on Debt % Calculation

SJW Group'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  *  -66.144/( (1655.903+1747.174)/ 2 )
=-1  *  -66.144/1701.5385
=3.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1491.965 + 163.938
=1655.903

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1526.699 + 220.475
=1747.174

SJW Group'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  *  -68.924/( (1705.666+1747.174)/ 2 )
=-1  *  -68.924/1726.42
=3.99 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1533.769 + 171.897
=1705.666

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1526.699 + 220.475
=1747.174

* 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.


SJW Group  (NYSE:SJW) Effective Interest Rate on Debt % Explanation

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


SJW Group Effective Interest Rate on Debt % Related Terms

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SJW Group (SJW Group) Business Description

Industry
Traded in Other Exchanges
Address
110 West Taylor Street, San Jose, CA, USA, 95110
SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company primarily operates in various California municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.
Executives
Denise L Kruger director
Carl Guardino director 110 W. TAYLOR STREET, SAN JOSE CA 95110
Craig J Patla officer: President of CTWS CONNECTICUT WATER COMPANY, 93 WEST MAIN STREET, CLINTON CT 06413
Mohammed G. Zerhouni officer: SVP of Fin., Prin. Acct. Ofcr. 110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew Gere officer: President and COO 1221 SOUTH BASCOM AVENUE, SAN JOSE CA 95128
James Patrick Lynch officer: CFO/Treasurer 1675 LAURELWOOD DRIVE, SAN JOSE CA 95125
Bruce A Hauk officer: Chf. Crp. Dev. & Str. Offcr. 110 W. TAYLOR STREET, SAN JOSE CA 95110
Rebecca A Klein director 1411 E MISSION AVE, SPOKANE WA 99202
Katharine Armstrong director 919 CONGRESS AVENUE #1400, AUSTIN TX 78701
Brown Willie D. Jr. officer: VP, Gen Counsel, & Corp Sec 110 W. TAYLOR STREET, SAN JOSE CA 95110
Wendy Avila-walker officer: VP of Finance, Controller 110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew F Walters officer: Chief Administrative Officer 8 RIVER TERRACE, APT 8-T, NEW YORK NY 10282
Daniel B. More director 56 W BROTHER DRIVE, GREENWICH CT 06830
Douglas R King director 465 EL CENTRO ROAD, HILLSBOROUGH CA 94010
Mary Ann Hanley director 93 WEST MAIN STREET, CLINTON CT 06413