GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The York Water Co (NAS:YORW) » Definitions » Effective Interest Rate on Debt %

The York Water Co (The York Water Co) Effective Interest Rate on Debt % : 4.61% (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is The York Water 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. The York Water Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $8.02 Mil. The York Water Co's average total debt for the quarter that ended in Dec. 2023 was $173.89 Mil. Therefore, The York Water Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.61%.


The York Water Co Effective Interest Rate on Debt % Historical Data

The historical data trend for The York Water 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.

The York Water Co Effective Interest Rate on Debt % Chart

The York Water Co 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 5.24 4.19 3.65 3.58 4.41

The York Water Co 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 4.27 4.19 4.37 4.55 4.61

Competitive Comparison of The York Water Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, The York Water 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.


The York Water Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

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

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



The York Water Co Effective Interest Rate on Debt % Calculation

The York Water Co'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  *  -7.047/( (139.465+180.007)/ 2 )
=-1  *  -7.047/159.736
=4.41 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=139.465 + 0
=139.465

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=180.007 + 0
=180.007

The York Water Co'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  *  -8.024/( (167.769+180.007)/ 2 )
=-1  *  -8.024/173.888
=4.61 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=167.769 + 0
=167.769

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=180.007 + 0
=180.007

* 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.


The York Water Co  (NAS:YORW) Effective Interest Rate on Debt % Explanation

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


The York Water Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of The York Water Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


The York Water Co (The York Water Co) Business Description

Industry
Traded in Other Exchanges
Address
130 East Market Street, York, PA, USA, 17401
The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.
Executives
Steven R Rasmussen director 130 EAST MARKET STREET, YORK PA 17401-1219
Alexandra C Chiaruttini officer: CAO & General Counsel 130 EAST MARKET STREET, YORK PA 17401
Vernon L Bracey officer: Vice President-Customer Svc 130 EAST MARKET STREET, YORK PA 17401-1219
Joseph Thomas Hand officer: Chief Operating Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Mark S Snyder officer: Vice President-Engineering 130 EAST MARKET STREET, YORK PA 17401-1219
Natalee Colon officer: VP-Human Resources 130 EAST MARKET STREET, YORK PA 17401
Matthew E Poff officer: Chief Financial Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Douglas S Brossman director 130 E MARKET STREET, YORK PA 17401
Matthew J Scarpato officer: VP- Operations 130 EAST MARKET STREET, YORK PA 17401
Laura T Wand director 130 EAST MARKET STREET, YORK PA 17401
Mark A Wheeler officer: Chief Administrative Officer 130 EAST MARKET STREET, YORK PA 17401
Kain George Hay Iii Esq director 130 EAST MARKET STREET, YORK PA 17401-1219
Paul R Bonney director 130 EAST MARKET STREET, YORK PA 17401
Cynthia Dotzel director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Jody L Keller director 130 EAST MARKET STREET, YORK PA 17401-1219