Fenner (Fenner) Effective Interest Rate on Debt % : 6.00% (As of Feb. 2018)

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What is Fenner 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. Fenner's annualized positive value of Interest Expense for the quarter that ended in Feb. 2018 was $14.2 Mil. Fenner's average total debt for the quarter that ended in Feb. 2018 was $237.6 Mil. Therefore, Fenner's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2018 was 6.00%.

Fenner Effective Interest Rate on Debt % Historical Data

The historical data trend for Fenner'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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Fenner Effective Interest Rate on Debt % Chart

Fenner Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Effective Interest Rate on Debt %

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8.89

8.04

7.07

6.06

7.18

Fenner Semi-Annual Data
	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.44	6.36	6.41	6.56	6.00

Competitive Comparison of Fenner's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Fenner'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.

Fenner's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fenner's Effective Interest Rate on Debt % distribution charts can be found below:

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

Fenner Effective Interest Rate on Debt % Calculation

Fenner's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2016 )	+	Total Debt (A: Aug. 2017 ))	/ count )
=	-1 * -19.948	/	( (320.97	+	234.715)	/ 2 )
=	-1 * -19.948	/	277.8425
=	7.18 %

where

	Total Debt (A: Aug. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	220.446	+	100.524
=	320.97

	Total Debt (A: Aug. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	219.43	+	15.285
=	234.715

Fenner's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2017 )	+	Total Debt (Q: Feb. 2018 ))	/ count )
=	-1 * -14.246	/	( (234.715	+	240.502)	/ 2 )
=	-1 * -14.246	/	237.6085
=	6.00 %

where

	Total Debt (Q: Aug. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	219.43	+	15.285
=	234.715

	Total Debt (Q: Feb. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	221.927	+	18.575
=	240.502

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 two times the semi-annual (Feb. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Fenner (OTCPK:FNERF) Effective Interest Rate on Debt % Explanation

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

Fenner Effective Interest Rate on Debt % Related Terms

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Fenner (Fenner) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fenner PLC (OTCPK:FNERF) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Hesslewood Country, Office Park, Ferriby Road, Hessle, East Yorkshire, GBR, HU13 0PW

Website

http://www.fenner.com

Fenner PLC is an UK-based company which delivers reinforced polymer technology. It is engaged in manufacturing of precision polymer products and provision of conveyor services to mines and to the operators of material handling facilities such as ports. Its products include precision drives; problem-solving power transmission and motion transfer components; silicone and complex hoses for heavy duty trucks, off-road vehicles; lay-flat hoses for firefighting, agriculture and oil & gas industries. The company also manufactures rubber ply, solid woven and steel cord conveyor belting for mining, power generation, and industrial applications. It divides its business in two segments, Advanced Engineered Products and Engineered Conveyor Solutions. It earns the majority of its revenue from Americas.

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