Plexus Holdings (LSE:POS) Effective Interest Rate on Debt % : 9.22% (As of Dec. 2023)

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What is Plexus Holdings 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. Plexus Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.22 Mil. Plexus Holdings's average total debt for the quarter that ended in Dec. 2023 was £2.43 Mil. Therefore, Plexus Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.22%.

Plexus Holdings Effective Interest Rate on Debt % Historical Data

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

Plexus Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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16.89

9.92

3.28

2.99

0.59

Plexus Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.88	-1.32	2.07	-1.40	9.22

Competitive Comparison of Plexus Holdings's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Plexus Holdings'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.

Plexus Holdings's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plexus Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Plexus Holdings Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.022	/	( (5.043	+	2.463)	/ 2 )
=	-1 * -0.022	/	3.753
=	0.59 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.761	+	4.282
=	5.043

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.13	+	0.333
=	2.463

Plexus Holdings'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.224	/	( (2.463	+	2.394)	/ 2 )
=	-1 * -0.224	/	2.4285
=	9.22 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.13	+	0.333
=	2.463

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.078	+	0.316
=	2.394

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Plexus Holdings (LSE:POS) Effective Interest Rate on Debt % Explanation

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

Plexus Holdings Effective Interest Rate on Debt % Related Terms

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Plexus Holdings (LSE:POS) Business Description

Industry

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Traded in Other Exchanges

POS.GB:UK

Address

Yeoman Way, Highdown House, Worthing, West Sussex, GBR, BN99 3HH

Website

https://www.plexusplc.com

Plexus Holdings PLC is active in the business of oil and gas engineering and service. It is engaged in marketing a patented friction-grip method of engineering for oil and gas field wellheads and connectors, named POS-GRIP. The company derives revenue from the sale of its POS-GRIP technology and associated products, the rental of wellheads utilizing the POS-GRIP technology, and service income principally derived from assisting with the commissioning and ongoing service requirements of its equipment. It operates its business across the world. The majority of the revenue of the company is generated from the United Kingdom followed by Europe and the Rest of the world.

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