Balfour Beatty (Balfour Beatty) Effective Interest Rate on Debt % : 7.81% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Balfour Beatty 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. Balfour Beatty's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $78 Mil. Balfour Beatty's average total debt for the quarter that ended in Dec. 2023 was $1,005 Mil. Therefore, Balfour Beatty's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.81%.

Balfour Beatty Effective Interest Rate on Debt % Historical Data

The historical data trend for Balfour Beatty'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.

Balfour Beatty Effective Interest Rate on Debt % Chart

Balfour Beatty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.08

4.38

6.12

4.82

4.85

Balfour Beatty 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															7.06	3.12	6.16	3.02	7.81

Competitive Comparison of Balfour Beatty's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Balfour Beatty'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.

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

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

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

Balfour Beatty Effective Interest Rate on Debt % Calculation

Balfour Beatty'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 * -51.899	/	( (898.904	+	1239.24)	/ 2 )
=	-1 * -51.899	/	1069.072
=	4.85 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	591.961	+	306.943
=	898.904

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1032.911	+	206.329
=	1239.24

Balfour Beatty'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 * -78.482	/	( (771.464	+	1239.24)	/ 2 )
=	-1 * -78.482	/	1005.352
=	7.81 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	698.232	+	73.232
=	771.464

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1032.911	+	206.329
=	1239.24

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.

Balfour Beatty (OTCPK:BAFYY) Effective Interest Rate on Debt % Explanation

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

Balfour Beatty Effective Interest Rate on Debt % Related Terms

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

Balfour Beatty (Balfour Beatty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Balfour Beatty PLC (OTCPK:BAFYY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BAFBF:USA BBYl:UK BBY:UK BIH:Germany

Address

5 Churchill Place, Canary Wharf, London, GBR, E14 5HU

Website

https://www.balfourbeatty.com

Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.