Ferguson (Ferguson) Effective Interest Rate on Debt % : 3.34% (As of Jan. 2024)

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What is Ferguson 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. Ferguson's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $176 Mil. Ferguson's average total debt for the quarter that ended in Jan. 2024 was $5,276 Mil. Therefore, Ferguson's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 3.34%.

Ferguson Effective Interest Rate on Debt % Historical Data

The historical data trend for Ferguson'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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Ferguson Effective Interest Rate on Debt % Chart

Ferguson Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

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4.55

4.69

2.41

2.54

3.54

Ferguson Quarterly Data
	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.63	3.65	3.66	3.42	3.34

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

For the Industrial Distribution subindustry, Ferguson'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.

Ferguson's Effective Interest Rate on Debt % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferguson's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ferguson Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -184	/	( (5128	+	5258)	/ 2 )
=	-1 * -184	/	5193
=	3.54 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4557	+	571
=	5128

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4837	+	421
=	5258

Ferguson's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -176	/	( (5263	+	5289)	/ 2 )
=	-1 * -176	/	5276
=	3.34 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4835	+	428
=	5263

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4760	+	529
=	5289

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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ferguson (OTCPK:FERGY) Effective Interest Rate on Debt % Explanation

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

Ferguson Effective Interest Rate on Debt % Related Terms

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Ferguson (Ferguson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ferguson PLC (OTCPK:FERGY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

FERG:USA FERGl:UK FERG:UK 24W5:Germany

Address

1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS

Website

https://www.fergusonplc.com

Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its U.K. business in 2021 and is now solely focused on the North American market.