IBI Group (TSX:IBG) Effective Interest Rate on Debt % : 5.85% (As of Jun. 2022)

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What is IBI 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. IBI Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was C$7.2 Mil. IBI Group's average total debt for the quarter that ended in Jun. 2022 was C$123.5 Mil. Therefore, IBI Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 5.85%.

IBI Group Effective Interest Rate on Debt % Historical Data

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

IBI Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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9.05

9.77

9.04

9.17

6.00

IBI Group Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.78	5.56	6.64	6.11	5.85

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

For the Engineering & Construction subindustry, IBI 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.

IBI Group's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

IBI Group Effective Interest Rate on Debt % Calculation

IBI Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -8.221	/	( (161.014	+	113.118)	/ 2 )
=	-1 * -8.221	/	137.066
=	6.00 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	100.915	+	60.099
=	161.014

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	96.929	+	16.189
=	113.118

IBI Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2022 )	+	Total Debt (Q: Jun. 2022 ))	/ count )
=	-1 * -7.232	/	( (118.205	+	128.843)	/ 2 )
=	-1 * -7.232	/	123.524
=	5.85 %

where

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	93.977	+	24.228
=	118.205

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	108.109	+	20.734
=	128.843

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 (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

IBI Group (TSX:IBG) Effective Interest Rate on Debt % Explanation

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

IBI Group Effective Interest Rate on Debt % Related Terms

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IBI Group (TSX:IBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IBI Group Inc (TSX:IBG) » Definitions » Effective Interest Rate on Debt %

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Address

55 St. Clair Avenue West, 7th Floor, Toronto, ON, CAN, M4V 2Y7

Website

https://www.ibigroup.com

IBI Group Inc is a Canada-based engineering services provider. The company plans, designs, implements, as well as offers other consulting services and software development for its intelligence, buildings, and infrastructure business segments. It offers various services, including architecture, engineering, interiors, landscape architecture, planning, and urban design. Its geographical segments are Canada, the United States, the United Kingdom, and other International.

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