British Polythene Industries (LSE:BPI) Effective Interest Rate on Debt % : 3.76% (As of Dec. 2015)

View and export this data going back to 1965. Start your Free Trial

What is British Polythene 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. British Polythene Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2015 was £1.2 Mil. British Polythene Industries's average total debt for the quarter that ended in Dec. 2015 was £31.9 Mil. Therefore, British Polythene Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 was 3.76%.

British Polythene Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for British Polythene 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.

* Premium members only.

British Polythene Industries Effective Interest Rate on Debt % Chart

British Polythene Industries Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.48

51.28

7.01

5.77

4.20

British Polythene Industries Semi-Annual Data
	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.88	6.53	4.36	4.30	3.76

Competitive Comparison of British Polythene Industries's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, British Polythene 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.

British Polythene Industries's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, British Polythene Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

British Polythene Industries Effective Interest Rate on Debt % Calculation

British Polythene Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2014 )	+	Total Debt (A: Dec. 2015 ))	/ count )
=	-1 * -1.2	/	( (24.6	+	32.6)	/ 2 )
=	-1 * -1.2	/	28.6
=	4.20 %

where

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22	+	2.6
=	24.6

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.6	+	0
=	32.6

British Polythene Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2015 )	+	Total Debt (Q: Dec. 2015 ))	/ count )
=	-1 * -1.2	/	( (31.2	+	32.6)	/ 2 )
=	-1 * -1.2	/	31.9
=	3.76 %

where

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.2	+	0
=	31.2

	Total Debt (Q: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.6	+	0
=	32.6

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 (Dec. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

British Polythene Industries (LSE:BPI) Effective Interest Rate on Debt % Explanation

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

British Polythene Industries Effective Interest Rate on Debt % Related Terms

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

British Polythene Industries (LSE:BPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » British Polythene Industries PLC (LSE:BPI) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Website

http://www.bpipoly.com

British Polythene Industries PLC was incorporated on March 16, 1910. It manufactures and supplies polythene films and related products for packaging for the protection of food and other goods. Its products are in use across different market sectors with a focus on agriculture, retail food chain, healthcare and waste services. The Company also engages in recycling of waste polythene film in Europe. The Company has three reportable segments: UK and Ireland, Mainland Europe and North America. UK & Ireland includes all of the UK manufacturing and merchanting activities along with the Irish sales operation which distributes predominately UK manufactured products.It also includes the manufacturing operations in China. Mainland Europe comprises the manufacturing and merchanting activities located in Belgium, the Netherlands and France. North America comprises the manufacturing business in Canada with sales throughout North America and Canada.

British Polythene Industries (LSE:BPI) Headlines

No Headlines