L.B. Foster Co (L.B. Foster Co) Effective Interest Rate on Debt % : 5.95% (As of Dec. 2023)

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What is L.B. Foster Co 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. L.B. Foster Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $4.5 Mil. L.B. Foster Co's average total debt for the quarter that ended in Dec. 2023 was $75.6 Mil. Therefore, L.B. Foster Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.95%.

L.B. Foster Co Effective Interest Rate on Debt % Historical Data

The historical data trend for L.B. Foster Co'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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L.B. Foster Co Effective Interest Rate on Debt % Chart

L.B. Foster Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.91

5.98

5.79

4.47

6.38

L.B. Foster Co 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 %	Get a 7-Day Free Trial															5.93	5.56	6.43	6.20	5.95

Competitive Comparison of L.B. Foster Co's Effective Interest Rate on Debt %

For the Railroads subindustry, L.B. Foster Co'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.

L.B. Foster Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, L.B. Foster Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where L.B. Foster Co's Effective Interest Rate on Debt % falls into.

L.B. Foster Co Effective Interest Rate on Debt % Calculation

L.B. Foster Co'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 * -5.528	/	( (106.042	+	67.138)	/ 2 )
=	-1 * -5.528	/	86.59
=	6.38 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	105.915	+	0.127
=	106.042

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	67.036	+	0.102
=	67.138

L.B. Foster Co'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 * -4.496	/	( (84.001	+	67.138)	/ 2 )
=	-1 * -4.496	/	75.5695
=	5.95 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.904	+	0.097
=	84.001

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	67.036	+	0.102
=	67.138

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.

L.B. Foster Co (NAS:FSTR) Effective Interest Rate on Debt % Explanation

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

L.B. Foster Co Effective Interest Rate on Debt % Related Terms

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L.B. Foster Co (L.B. Foster Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L.B. Foster Co (NAS:FSTR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LB1A:Germany

Address

415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220

Website

https://www.lbfoster.com

L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

Executives

Janet Lee	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Diane B Owen	director
Dirk Junge	director	165 TOWNSHIP LINE RD, JENKINTOWN PA 19046
John E Kunz	director	522 N. MACEWEN DRIVE, OSPREY FL 34229
Raymond T Betler	director	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Bruce Ernest Thompson	director	C/O L.B. FOSTER COMPANY, 415 HOLIDAY DRIVE, SUITE 100, PITTSBURGH PA 15220
Aron R. English	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Alexander B Jones	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Bryson Hirai-hadley	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Gp, Inc.	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw, Lp	10 percent owner	590 1ST AVE S, UNIT C1, SEATTLE WA 98104
22nw Fund Gp, Llc	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Sean M Reilly	officer: Controller	TOLLGRADE COMMUNICATIONS INC, 493 NIXON RD., CHESWICK PA 15024
William Treacy	officer: Chief Growth Officer	415 HOLIDAY DRIVE, PITTSBURGH PA 15220