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Belden (Belden) Effective Interest Rate on Debt % : 2.56% (As of Dec. 2023)


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What is Belden 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. Belden's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $32 Mil. Belden's average total debt for the quarter that ended in Dec. 2023 was $1,255 Mil. Therefore, Belden's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.56%.


Belden Effective Interest Rate on Debt % Historical Data

The historical data trend for Belden'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.

Belden Effective Interest Rate on Debt % Chart

Belden Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.76 3.75 3.95 3.14 2.65

Belden Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.73 2.65 2.83 2.79 2.56

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

For the Communication Equipment subindustry, Belden'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.


Belden's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Belden's Effective Interest Rate on Debt % distribution charts can be found below:

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



Belden Effective Interest Rate on Debt % Calculation

Belden'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  *  -33.625/( (1237.259+1298.097)/ 2 )
=-1  *  -33.625/1267.678
=2.65 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1220.426 + 16.833
=1237.259

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1279.152 + 18.945
=1298.097

Belden'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -32.128/( (1211.273+1298.097)/ 2 )
=-1  *  -32.128/1254.685
=2.56 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1211.273 + 0
=1211.273

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1279.152 + 18.945
=1298.097

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


Belden  (NYSE:BDC) Effective Interest Rate on Debt % Explanation

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


Belden Effective Interest Rate on Debt % Related Terms

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Belden (Belden) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Belden Inc (NYSE:BDC) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.
Executives
Leah Tate officer: SVP - HR C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Ashish Chand officer: EVP, Industrial Automation C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jay V Wirts officer: EVP, Enterprise Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Doug Zink officer: VP and CAO 739 TRAGO CREEK DRIVE, BALLWIN MO 63021
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
Jonathan C Klein director 2 CERF LANE, PO BOX 1032, MT. KISCO NY 10549
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Brian Lieser officer: EVP, Indust. Automation Solut. C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anshuman Mehrotra officer: SVP, Sales C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Roel Vestjens officer: SVP, Broadcast Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Jeremy E Parks officer: SVP - Finance and CFO C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
John S Stroup director, officer: Chief Executive Officer 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Judy L Brown director C/O PERRIGO COMPANY, 515 EASTERN AVENUE, ALLEGAN MI 49010
Leo Kulmaczewski officer: SVP, Ops & Lean Enterprise C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105