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Teledyne Technologies (Teledyne Technologies) Effective Interest Rate on Debt % : 1.92% (As of Dec. 2023)


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What is Teledyne Technologies 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. Teledyne Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $62 Mil. Teledyne Technologies's average total debt for the quarter that ended in Dec. 2023 was $3,245 Mil. Therefore, Teledyne Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.92%.


Teledyne Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Teledyne Technologies'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.

Teledyne Technologies Effective Interest Rate on Debt % Chart

Teledyne Technologies 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 2.63 1.88 3.72 2.23 2.16

Teledyne Technologies 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 2.26 2.17 2.49 2.23 1.92

Competitive Comparison of Teledyne Technologies's Effective Interest Rate on Debt %

For the Scientific & Technical Instruments subindustry, Teledyne Technologies'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.


Teledyne Technologies's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Teledyne Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

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



Teledyne Technologies Effective Interest Rate on Debt % Calculation

Teledyne Technologies'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  *  -77.3/( (3920.6+3244.9)/ 2 )
=-1  *  -77.3/3582.75
=2.16 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3620.5 + 300.1
=3920.6

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2644.8 + 600.1
=3244.9

Teledyne Technologies'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  *  -62.4/( (3244.1+3244.9)/ 2 )
=-1  *  -62.4/3244.5
=1.92 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2794 + 450.1
=3244.1

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2644.8 + 600.1
=3244.9

* 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.


Teledyne Technologies  (NYSE:TDY) Effective Interest Rate on Debt % Explanation

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


Teledyne Technologies Effective Interest Rate on Debt % Related Terms

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Teledyne Technologies (Teledyne Technologies) Business Description

Industry
Traded in Other Exchanges
Address
1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
Executives
Sue Main officer: VP & Controller TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Jason Vanwees officer: VP, Strategy, Mergers & Acq. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Robert Mehrabian officer: Chairman, Pres. & CEO C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Von Schack Wesley W director ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Jane Cecile Sherburne director ONE WALL STREET, NEW YORK NY 10286
Melanie Susan Cibik officer: Sr. VP, General Counsel & Sec. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Stephen Finis Blackwood officer: Senior VP & Treasurer 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Bobb George C Iii officer: See Remarks 1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Charles Crocker director ONE POST ST, STE 2500, SAN FRANCISCO CA 94104
Kenneth C Dahlberg director SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121
Cynthia Y Belak officer: Vice President and Controller 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Simon M Lorne director 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Vincent J Morales director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Aldo Pichelli officer: Segment President & COO TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360