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Hawkins (Hawkins) Effective Interest Rate on Debt %

: 4.67% (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. Hawkins's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $4.7 Mil. Hawkins's average total debt for the quarter that ended in Dec. 2023 was $100.0 Mil. Therefore, Hawkins's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.67%.


Hawkins Effective Interest Rate on Debt % Historical Data

The historical data trend for Hawkins'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.

Hawkins Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.63 3.27 1.64 1.14 4.10

Hawkins 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 4.23 4.21 4.21 3.43 4.67

Competitive Comparison

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins Effective Interest Rate on Debt % Distribution

For the Chemicals industry and Basic Materials sector, Hawkins's Effective Interest Rate on Debt % distribution charts can be found below:

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



Hawkins Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -5.234/( (134.7+120.331)/ 2 )
=-1  *  -5.234/127.5155
=4.10 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=124.787 + 9.913
=134.7

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=110.418 + 9.913
=120.331

Hawkins'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  *  -4.672/( (69.21+130.817)/ 2 )
=-1  *  -4.672/100.0135
=4.67 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=59.297 + 9.913
=69.21

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=120.904 + 9.913
=130.817

* 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.


Hawkins  (NAS:HWKN) Effective Interest Rate on Debt % Explanation

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


Hawkins Effective Interest Rate on Debt % Related Terms

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Hawkins (Hawkins) Business Description

Industry
Traded in Other Exchanges
Address
2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.
Executives
Jeffrey P. Oldenkamp officer: CFO, VP and Treasurer 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Jeffrey E Spethmann director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
David J. Mangine officer: VP - Industrial Group 2381 ROSEGATE, ROSEVILLE MN 55113
Yi Tang director 2381 ROSEGATE, ROSEVILLE MN 55113
Theresa R Moran officer: VP - Quality & Support 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Douglas A. Lange officer: Vice President 2381 ROSEGATE, ROSEVILLE MN 55113
Shirley A. Rozeboom officer: VP Health and Nutrition 2381 ROSEGATE, ROSEVILLE MN 55113
Daniel J Stauber director 2381 ROSEGATE, ROSEVILLE MN 55113
Drew M. Grahek officer: Vice President of Operations 2381 ROSEGATE, ROSEVILLE MN 55113
Patrick H. Hawkins officer: President 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Jeffrey L Wright director
Matthews Steven D Ii officer: VP of Operations 3100 E HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Mary J. Schumacher director 3735 ISLAND VIEW CIRCLE, PRIOR LAKE MN 55372
Richard G Erstad officer: VP, General Counsel & Sec 1300 NICOLLET MALL, SUITE 5003, MINNEAPOLIS MN 55403
John R Sevenich officer: Vice President, Industrial 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413