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. CDW's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $213 Mil. CDW's average total debt for the quarter that ended in Dec. 2023 was $5,840 Mil. Therefore, CDW's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.65%.
CDW Effective Interest Rate on Debt % Historical Data
The historical data trend for CDW'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.
|
CDW Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Effective Interest Rate on Debt % |
|
|
|
|
|
|
4.53 |
3.69 |
2.53 |
3.50 |
3.81 |
|
CDW 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 % |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.69 |
3.67 |
3.57 |
3.70 |
3.65 |
Competitive Comparison
For the Information Technology Services subindustry, CDW'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.
CDW Effective Interest Rate on Debt % Distribution
For the Software industry and Technology sector, CDW's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where CDW's Effective Interest Rate on Debt % falls into.
CDW Effective Interest Rate on Debt % Calculation
CDW'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 * -226.6 | / | ( (6097.9 | + | 5808.9) | / 2 ) |
| = | -1 * -226.6 | / | 5953.4 |
| = | 3.81 % |
where
CDW'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 * -213.2 | / | ( (5870.3 | + | 5808.9) | / 2 ) |
| = | -1 * -213.2 | / | 5839.6 |
| = | 3.65 % |
where
* 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.
CDW (CDW) Business Description
Traded in Other Exchanges
Address
75 Tri-State International, Lincolnshire, Chicago, IL, USA, 60069
CDW Corp is a value-added reseller operating in the U.S. (95% of sales) and Canada (5%). The company has more than 100,000 products on its line of cards that range from notebooks to data center software. Roughly half of CDW's revenue comes from midsize and large businesses, with the remaining from small businesses, government agencies, education institutions, and health-care organizations.
Executives
| Christina M Corley |
officer: See Remarks |
780 AEC DRIVE, WOOD DALE IL 60191 |
| Christine A Leahy |
officer: See Remarks |
|
| Kelly J Grier |
director |
155 HARLEM AVE., GLENVIEW IL 60025 |
| Donna F Zarcone |
director |
C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208 |
| Marc Ellis Jones |
director |
C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, MILWAUKEE WI 53202 |
| Carolyn Wiesenhahn |
officer: See Remarks |
200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061 |
| Peter R Locy |
officer: See Remarks |
200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061 |
| Miralles Albert Joseph Jr |
officer: See Remarks |
151 N. FRANKLIN, CHICAGO IL 60606 |
| Paul J Finnegan |
director, 10 percent owner |
PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308 |
| Kebo Collin B. |
officer: See Remarks |
200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061 |
| Frederick J. Kulevich |
officer: See Remarks |
200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061 |
| Sanjay Mehrotra |
director |
C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612 |
| Anthony R Foxx |
director |
2710 WYCLIFF ROAD, RALEIGH NC 27607 |
| Ilaria Mocciaro |
officer: See Remarks |
2301 PATRIOT BLVD, GLENVIEW IL 60026 |
| Matthew A. Troka |
officer: See Remarks |
200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061 |
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