EnerSys (FRA:FDN) Effective Interest Rate on Debt % : 4.73% (As of Mar. 2024)

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What is EnerSys 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. EnerSys's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €40 Mil. EnerSys's average total debt for the quarter that ended in Mar. 2024 was €839 Mil. Therefore, EnerSys's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.73%.

EnerSys Effective Interest Rate on Debt % Historical Data

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

EnerSys Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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3.90

3.22

3.20

4.90

4.93

EnerSys Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.34	5.96	5.13	4.90	4.73

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

For the Electrical Equipment & Parts subindustry, EnerSys'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.

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

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

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

EnerSys Effective Interest Rate on Debt % Calculation

EnerSys's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -45.958	/	( (1021.988	+	841.119)	/ 2 )
=	-1 * -45.958	/	931.5535
=	4.93 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	973.455	+	48.533
=	1021.988

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	795.155	+	45.964
=	841.119

EnerSys's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -39.652	/	( (836.093	+	841.119)	/ 2 )
=	-1 * -39.652	/	838.606
=	4.73 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	807.724	+	28.369
=	836.093

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	795.155	+	45.964
=	841.119

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

EnerSys (FRA:FDN) Effective Interest Rate on Debt % Explanation

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

EnerSys Effective Interest Rate on Debt % Related Terms

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EnerSys (FRA:FDN) Business Description

Industry

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ENS:USA FDN:Germany

Address

2366 Bernville Road, Reading, PA, USA, 19605

Website

https://www.enersys.com

EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems which combine enclosures, power conversion, power distribution and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Its segments include Energy Systems, Motive Power, and Specialty.