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. Beacon Roofing Supply's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $148 Mil. Beacon Roofing Supply's average total debt for the quarter that ended in Dec. 2023 was $2,972 Mil. Therefore, Beacon Roofing Supply's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.99%.
Beacon Roofing Supply Effective Interest Rate on Debt % Historical Data
The historical data trend for Beacon Roofing Supply'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.
For the Industrial Distribution subindustry, Beacon Roofing Supply'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.
Beacon Roofing Supply Effective Interest Rate on Debt % Distribution
For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Beacon Roofing Supply's Effective Interest Rate on Debt % falls into.
Beacon Roofing Supply Effective Interest Rate on Debt % Calculation
Beacon Roofing Supply's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Beacon Roofing Supply Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Beacon Roofing Supply's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Beacon Roofing Supply (Beacon Roofing Supply) Business Description
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.
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