Kingspan Group (LTS:0KGP) Effective Interest Rate on Debt % : 2.86% (As of Dec. 2023)

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What is Kingspan Group 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. Kingspan Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €64 Mil. Kingspan Group's average total debt for the quarter that ended in Dec. 2023 was €2,243 Mil. Therefore, Kingspan Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.86%.

Kingspan Group Effective Interest Rate on Debt % Historical Data

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

Kingspan Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.36

1.80

2.22

2.00

2.82

Kingspan Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.07	2.15	2.07	2.67	2.86

Competitive Comparison of Kingspan Group's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Kingspan Group'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.

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

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

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

Kingspan Group Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -63.7	/	( (2385.7	+	2138)	/ 2 )
=	-1 * -63.7	/	2261.85
=	2.82 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2257.5	+	128.2
=	2385.7

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1889.4	+	248.6
=	2138

Kingspan Group'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -64.2	/	( (2347	+	2138)	/ 2 )
=	-1 * -64.2	/	2242.5
=	2.86 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2047.4	+	299.6
=	2347

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1889.4	+	248.6
=	2138

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Kingspan Group (LTS:0KGP) Effective Interest Rate on Debt % Explanation

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

Kingspan Group Effective Interest Rate on Debt % Related Terms

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Kingspan Group (LTS:0KGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kingspan Group PLC (LTS:0KGP) » Definitions » Effective Interest Rate on Debt %

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KGSPY:USA KRX:Ireland KRXi:UK KRX:Germany

Address

Dublin Road, Kingscourt, County Cavan, IRL, A82 XY31

Website

https://www.kingspan.com

Kingspan Group PLC manufactures and sells building supplies to the commercial, residential, and data storage industries throughout the world. The company organizes itself in five segments. The Insulated Panels segment, which generates the majority of revenue, sells insulated panels, structural frames, and metal facades. The Insulation segment sells insulation boards, building series insulation, and engineered timber systems. The Light and Air segment manufacture day-lighting, smoke management, and ventilation systems. The Water and Energy segment manufacture energy and water solutions and all related service activities, and Data and Flooring Technology manufacture data center storage solutions and raised access floors. and Roofing and Waterproof segment.

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