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ESCO Technologies (ESCO Technologies) Effective Interest Rate on Debt % : 6.16% (As of Dec. 2023)


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What is ESCO 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. ESCO Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $10.7 Mil. ESCO Technologies's average total debt for the quarter that ended in Dec. 2023 was $173.1 Mil. Therefore, ESCO Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.16%.


ESCO Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for ESCO 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.

ESCO Technologies Effective Interest Rate on Debt % Chart

ESCO Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 3.70 1.73 2.70 5.54

ESCO 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 3.81 4.92 5.21 5.81 6.16

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

For the Scientific & Technical Instruments subindustry, ESCO 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.


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

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

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



ESCO Technologies Effective Interest Rate on Debt % Calculation

ESCO Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -8.769/( (177.853+138.554)/ 2 )
=-1  *  -8.769/158.2035
=5.54 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=157.853 + 20
=177.853

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=118.554 + 20
=138.554

ESCO 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  *  -10.668/( (138.554+207.709)/ 2 )
=-1  *  -10.668/173.1315
=6.16 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=118.554 + 20
=138.554

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=187.709 + 20
=207.709

* 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.


ESCO Technologies  (NYSE:ESE) Effective Interest Rate on Debt % Explanation

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


ESCO Technologies Effective Interest Rate on Debt % Related Terms

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ESCO Technologies (ESCO Technologies) Business Description

Industry
Traded in Other Exchanges
Address
9900A Clayton Road, Saint Louis, MO, USA, 63124-1186
ESCO Technologies Inc sells engineered products and systems for utility, industrial, aerospace, and commercial applications. The firm operates in three segments: Aerospace and Defense, Utility Solutions Group (USG) and RF Shielding and Test (Test). The Aerospace and Defense segment designs and manufactures specialty filtration and naval products. The USG segment provides diagnostic testing solutions. The Test segment provides its customers with the ability to identify, measure and contain magnetic, electromagnetic and acoustic energy.
Executives
Bryan H Sayler director, officer: CEO & President ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Christopher L Tucker officer: Sr. Vice President & CFO ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
David M Schatz officer: Sr. VP, Sec'y & Gen. Counsel ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Janice L. Hess director ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Gloria L Valdez director ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Larry W Solley director C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST LOUIS MO 63124
James M Stolze director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST LOUIS MO 63124
Alyson S Barclay officer: V.P., Secretary & Gen. Coun. C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Gary E Muenster officer: VP CFO C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Patrick M Dewar director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Robert J Phillippy director
Leon J Olivier director EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
James D Woods director C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
James M Mcconnell director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124