GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Severfield PLC (LSE:SFR) » Definitions » Effective Interest Rate on Debt %

Severfield (LSE:SFR) Effective Interest Rate on Debt % : 10.20% (As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Severfield 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. Severfield's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was £3.4 Mil. Severfield's average total debt for the quarter that ended in Sep. 2023 was £33.3 Mil. Therefore, Severfield's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 10.20%.


Severfield Effective Interest Rate on Debt % Historical Data

The historical data trend for Severfield'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.

Severfield Effective Interest Rate on Debt % Chart

Severfield Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.75 6.49 3.53 6.03 12.04

Severfield Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 5.40 7.19 9.59 15.89 10.20

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

For the Engineering & Construction subindustry, Severfield'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.


Severfield's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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



Severfield Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -3.18/( (30.464+22.346)/ 2 )
=-1  *  -3.18/26.405
=12.04 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.834 + 11.63
=30.464

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.024 + 6.322
=22.346

Severfield's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -3.394/( (22.346+44.173)/ 2 )
=-1  *  -3.394/33.2595
=10.20 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.024 + 6.322
=22.346

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.976 + 11.197
=44.173

* 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 two times the semi-annual (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Severfield  (LSE:SFR) Effective Interest Rate on Debt % Explanation

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


Severfield Effective Interest Rate on Debt % Related Terms

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


Severfield (LSE:SFR) Business Description

Industry
Traded in Other Exchanges
Address
Severs House, Dalton Airfield Industrial Estate, Dalton, Thirsk, North Yorkshire, GBR, YO7 3JN
Severfield PLC is a construction company in the United Kingdom. It is one of the largest structural steel businesses in the UK. It derives its revenues from the provision of services like design, fabrication, and erection of structural steelwork, claddings, and ancillary products predominantly in the United Kingdom and the rest from the Republic of Ireland and continental Europe. The company's projects comprise of bridges, car parks, city center and retail, hotels, health, education, and power sectors.

Severfield (LSE:SFR) Headlines

From GuruFocus

Third Avenue Adds to Portfolio-Leading Stake in Weyerhaeuer

By David Goodloe David Goodloe 12-30-2014

Weekly 3-Year Low Highlights: SWAY, CBPX, IBP, BTH, GMAN

By Jimmy Xiao gurujx 06-23-2014