American Railcar Industries (American Railcar Industries) Effective Interest Rate on Debt % : 3.96% (As of Sep. 2018)

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What is American Railcar Industries 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. American Railcar Industries's annualized positive value of Interest Expense for the quarter that ended in Sep. 2018 was $21.0 Mil. American Railcar Industries's average total debt for the quarter that ended in Sep. 2018 was $529.8 Mil. Therefore, American Railcar Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 was 3.96%.

American Railcar Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for American Railcar Industries'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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American Railcar Industries Effective Interest Rate on Debt % Chart

American Railcar Industries Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Effective Interest Rate on Debt %

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3.12

2.53

3.93

3.58

3.91

American Railcar Industries Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.92	3.93	3.94	3.95	3.96

Competitive Comparison of American Railcar Industries's Effective Interest Rate on Debt %

For the Railroads subindustry, American Railcar Industries'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.

American Railcar Industries's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, American Railcar Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where American Railcar Industries's Effective Interest Rate on Debt % falls into.

American Railcar Industries Effective Interest Rate on Debt % Calculation

American Railcar Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2016 )	+	Total Debt (A: Dec. 2017 ))	/ count )
=	-1 * -21.854	/	( (570.98	+	545.614)	/ 2 )
=	-1 * -21.854	/	558.297
=	3.91 %

where

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	545.392	+	25.588
=	570.98

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	520.024	+	25.59
=	545.614

American Railcar Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2018 )	+	Total Debt (Q: Sep. 2018 ))	/ count )
=	-1 * -21	/	( (532.962	+	526.617)	/ 2 )
=	-1 * -21	/	529.7895
=	3.96 %

where

	Total Debt (Q: Jun. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	507.574	+	25.388
=	532.962

	Total Debt (Q: Sep. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	501.213	+	25.404
=	526.617

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 (Sep. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

American Railcar Industries (NAS:ARII) Effective Interest Rate on Debt % Explanation

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

American Railcar Industries Effective Interest Rate on Debt % Related Terms

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American Railcar Industries (American Railcar Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » American Railcar Industries Inc (NAS:ARII) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.americanrailcar.com

American Railcar Industries Inc designs, manufactures and sells special, customized and general-purpose railcars and components for the North American railcar and industrial markets. Its segments are manufacturing, railcar leasing and railcar services.

Executives

Carl C Icahn	10 percent owner	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Harold First	director	13 55 WILKINS CT, FAIRLAWN NJ 07410
Icahn Enterprises G.p. Inc.	10 percent owner	16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Beckton Corp	10 percent owner	16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises Holdings L.p.	10 percent owner	16690 COLLINS AVE,, PH, SUNNY ISLES FL 33160
Patricia A. Agnello	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Jonathan Frates	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Mather Courtney	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Andrew Roberto	director	C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Daniel A Ninivaggi	director	C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Samuel J. Merksamer	director	C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, 47TH FLOOR, NEW YORK NY 10153
Sunghwan Cho	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Vincent J Intrieri	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Stephen A Mongillo	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Hunter Clark Gary	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160