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Jacobs Solutions (Jacobs Solutions) Effective Interest Rate on Debt % : 4.86% (As of Dec. 2023)


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What is Jacobs Solutions 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. Jacobs Solutions's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $173 Mil. Jacobs Solutions's average total debt for the quarter that ended in Dec. 2023 was $3,568 Mil. Therefore, Jacobs Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.86%.


Jacobs Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Jacobs Solutions'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.

Jacobs Solutions Effective Interest Rate on Debt % Chart

Jacobs Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 3.13 2.27 2.51 4.35

Jacobs Solutions 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 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 3.81 3.85 4.32 4.66 4.86

Competitive Comparison of Jacobs Solutions's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Jacobs Solutions'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.


Jacobs Solutions's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jacobs Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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



Jacobs Solutions Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -168.108/( (4165.289+3570.208)/ 2 )
=-1  *  -168.108/3867.7485
=4.35 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3964.703 + 200.586
=4165.289

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3356.701 + 213.507
=3570.208

Jacobs Solutions'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  *  -173.408/( (3570.208+3565.861)/ 2 )
=-1  *  -173.408/3568.0345
=4.86 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3356.701 + 213.507
=3570.208

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3357.55 + 208.311
=3565.861

* 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.


Jacobs Solutions  (NYSE:J) Effective Interest Rate on Debt % Explanation

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


Jacobs Solutions Effective Interest Rate on Debt % Related Terms

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Jacobs Solutions (Jacobs Solutions) Business Description

Industry
Traded in Other Exchanges
Address
1999 Bryan Street, Suite 1200, Dallas, TX, USA, 75201
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.
Executives
Steven J. Demetriou director, officer: President and CEO 25825 SCIENCE PARK DRIVE, SUITE 400, BEACHWOOD OH 44102
Patrick Hill officer: Executive Vice President 1999 BRYAN STREET, STE 1200, DALLAS TX 75201
Ralph E Eberhart director 909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Allen William B Jr officer: SENIOR VICE PRESIDENT C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Claudia Jaramillo officer: CFO and EVP 5959 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Kevin C Berryman officer: EXECUTIVE VICE PRESIDENT 521 WEST 57TH STREET, NEW YORK NY 10019
Thompson Christopher M.t. director 10901 W. TOLLER DRIVE, SUITE 300, LITTLETON CO 80127
Shannon Miller officer: Executive Vice President 1999 BRYAN STREET, SUITE 1200, DALLAS TX 75201
Stephen A Arnette officer: Executive Vice President 1999 BRYAN STREET, STE 1300 TX 75201
Priya Abani director 1999 BRYAN STREET, SUITE 1200, DALLAS TX 75201
Robert V Pragada officer: PRESIDENT - INDUSTRIAL C/O JACOBS ENGINEERING GROUP, INC., 1111 S. ARROYO PARKWAY, PASADENA CA 91105
Michael R Tyler officer: SVP & General Counsel 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Davidson Robert C Jr director
Dawne S Hickton director 148 KENYON RD, PITTSBURGH PA 15205
Linda Fayne Levinson director C/O JACOBS ENGINEERING GROUP INC, 1111 S ARROYO PKWY, PASADENA CA 91105