Hays (CHIX:HASL) Effective Interest Rate on Debt %

: 5.17% (As of Dec. 2023)

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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. Hays's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £12 Mil. Hays's average total debt for the quarter that ended in Dec. 2023 was £240 Mil. Therefore, Hays's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.17%.

Hays Effective Interest Rate on Debt % Historical Data

The historical data trend for Hays'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.

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Hays Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

4.02

3.35

3.37

4.10

Hays 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 %																3.95	2.74	3.44	3.25	5.17

Competitive Comparison

For the Staffing & Employment Services subindustry, Hays'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.

Hays Effective Interest Rate on Debt % Distribution

For the Business Services industry and Industrials sector, Hays's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hays Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -7.9	/	( (185.1	+	199.8)	/ 2 )
=	-1 * -7.9	/	192.45
=	4.10 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	145.3	+	39.8
=	185.1

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	158.5	+	41.3
=	199.8

Hays'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 * -12.4	/	( (199.8	+	279.8)	/ 2 )
=	-1 * -12.4	/	239.8
=	5.17 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	158.5	+	41.3
=	199.8

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	234.2	+	45.6
=	279.8

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.

Hays (CHIX:HASl) Effective Interest Rate on Debt % Explanation

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

Hays Effective Interest Rate on Debt % Related Terms

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Hays (CHIX:HASL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hays PLC (CHIX:HASl) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

HAYPY:USA HAS:UK HAY:Germany

Address

20 Triton Street, 4th Floor, London, GBR, NW1 3BF

Website

https://www.hays.com

Hays PLC is a British staffer and recruiting agency. The company offers recruitment services for a temporary, contractor, and permanent roles in the information technology, accounting and finance, construction and property, engineering, and office support sectors. The revenue generated through fees is equally split between permanent and temporary contract types. The largest end market for Hays is Continental Europe and the rest of the world, followed by the United Kingdom and Ireland.

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