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Moog (MOG.A) Effective Interest Rate on Debt % : 7.71% (As of Mar. 2024)


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What is Moog 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. Moog's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $72 Mil. Moog's average total debt for the quarter that ended in Mar. 2024 was $934 Mil. Therefore, Moog's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.71%.


Moog Effective Interest Rate on Debt % Historical Data

The historical data trend for Moog'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.

Moog Effective Interest Rate on Debt % Chart

Moog Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.63 4.41 3.70 4.22 7.48

Moog 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 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 6.38 7.00 7.77 7.49 7.71

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

For the Aerospace & Defense subindustry, Moog'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.


Moog's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Moog's Effective Interest Rate on Debt % distribution charts can be found below:

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



Moog Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -63.578/( (837.788+863.092)/ 2 )
=-1  *  -63.578/850.44
=7.48 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=836.872 + 0.916
=837.788

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=863.092 + 0
=863.092

Moog'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  *  -72.012/( (920.103+948.615)/ 2 )
=-1  *  -72.012/934.359
=7.71 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=920.103 + 0
=920.103

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=948.615 + 0
=948.615

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


Moog  (NYSE:MOG.A) Effective Interest Rate on Debt % Explanation

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


Moog Effective Interest Rate on Debt % Related Terms

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Moog (MOG.A) Business Description

Industry
Traded in Other Exchanges
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.
Executives
Alfieri Joseph J Iii officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Michael A Schaff officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Mark D Graczyk officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Mahesh Narang director 500 JACKSON STREET, COLUMBUS IN 47201
Stuart Mclachlan officer: Vice President SENECA ST. & JAMISON RD, E. AURORA NY 14052
Janet M. Coletti director ONE M&T PLAZA, BUFFALO NY 14203
Michael J. Swope officer: Controller SENECA ST & JAMISON RD, EAST AURORA NY 14052
Paul Wilkinson officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Brenda Reichelderfer director ITT CORPORATION, 4 WEST RED OAK LANE, WHITE PLAINS NY 10604
R. Eric Burghardt officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Mark Joseph Trabert officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Maureen Mary Athoe officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Richard Bradley Lawrence director 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Patrick J Roche officer: Vice President SENECA ST & JAMISON RD, EAST AURORA NY 14052
Gisel William G Jr director SENECA ST & JAMISON RD, EAST AURORA NY 14052