GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FTI Consulting Inc (NYSE:FCN) » Definitions » Effective Interest Rate on Debt %

FTI Consulting (FTI Consulting) Effective Interest Rate on Debt %

: 4.10% (As of Dec. 2023)
View and export this data going back to 1996. Start your Free Trial

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. FTI Consulting's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $16 Mil. FTI Consulting's average total debt for the quarter that ended in Dec. 2023 was $380 Mil. Therefore, FTI Consulting's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.10%.


FTI Consulting Effective Interest Rate on Debt % Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.10 4.05 3.85 1.77 3.47

FTI Consulting 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 % 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 Premium Member Only Premium Member Only Premium Member Only 1.88 2.96 2.51 3.36 4.10

Competitive Comparison

For the Consulting Services subindustry, FTI Consulting'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.


FTI Consulting Effective Interest Rate on Debt % Distribution

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

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



FTI Consulting Effective Interest Rate on Debt % Calculation

FTI Consulting'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  *  -14.331/( (568.698+257.638)/ 2 )
=-1  *  -14.331/413.168
=3.47 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=536.776 + 31.922
=568.698

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=223.774 + 33.864
=257.638

FTI Consulting'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  *  -15.584/( (502.755+257.638)/ 2 )
=-1  *  -15.584/380.1965
=4.10 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=502.755 + 0
=502.755

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=223.774 + 33.864
=257.638

* 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.


FTI Consulting  (NYSE:FCN) Effective Interest Rate on Debt % Explanation

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


FTI Consulting Effective Interest Rate on Debt % Related Terms

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


FTI Consulting (FTI Consulting) Business Description

Industry
Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.
Executives
Holly Paul officer: Chief Human Resources Officer 6016 KINGSFORD ROAD, BETHESDA MD 20817
Ajay Sabherwal officer: Chief Financial Officer C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Paul Alderman Linton officer: Chief Strategy/Transf. Officer 5915 SONOMA ROAD, BETHESDA MD 20817
Mark S. Bartlett director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Brenda J Bacon director 909 COMMERCE ROAD, ANNAPOLIS MD 21403
Steven Henry Gunby director, officer: President & CEO 9508 HEMSWELL PLACE, POTOMAC MD 20854
Elsy Lisa Boglioli director 555 12TH STREET NW, WASHINGTON DC 20004
Curtis P Lu officer: General Counsel 1203 STONNELL PLACE, ALEXANDRIA VA 22302
Vernon James Ellis director 49 QUEENS GATE TERRACE, LONDON X0 SW7 5PN
Claudio Costamagna director VIA SEBETO 4, MILANO L6 20123
Stephen C Robinson director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Nicole S Jones director 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Nicholas C Fanandakis director 1007 MARKET STREET, WILMINGTON DE 19898
Gerard E Holthaus director 3129 BLENDON ROAD, OWINGS MILLS MD 21117
Brendan J Keating officer: CAO and Controller C/O FTI CONSULTING INC, 555 12TH STREET NW, WASHINGTON DC 20004