SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'EffectiveInterestRate' MATW (Matthews International) Effective Interest Rate on De
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Matthews International Corp (NAS:MATW) » Definitions » Effective Interest Rate on Debt %

Matthews International (Matthews International) Effective Interest Rate on Debt %

: 5.16% (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. Matthews International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $46 Mil. Matthews International's average total debt for the quarter that ended in Dec. 2023 was $898 Mil. Therefore, Matthews International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.16%.

Matthews International Effective Interest Rate on Debt % Historical Data

The historical data trend for Matthews International'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 4.31 [6] => 3.77 [7] => 3.27 [8] => 3.23 [9] => 5.14 )
Matthews International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.31 3.77 3.27 3.23 5.14

Matthews International 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 4.57 5.44 5.12 5.34 5.16
Competitive Comparison

For the Conglomerates subindustry, Matthews International'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.

Matthews International Effective Interest Rate on Debt % Distribution

For the Conglomerates industry and Industrials sector, Matthews International's Effective Interest Rate on Debt % distribution charts can be found below:

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


Matthews International Effective Interest Rate on Debt % Calculation

Matthews International'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  *  -44.648/( (872.882+864.352)/ 2 )
=-1  *  -44.648/868.617
=5.14 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=846.736 + 26.146
=872.882

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=836.673 + 27.679
=864.352

Matthews International'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  *  -46.304/( (864.352+931.465)/ 2 )
=-1  *  -46.304/897.9085
=5.16 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=836.673 + 27.679
=864.352

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=903.108 + 28.357
=931.465

* 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.

Matthews International  (NAS:MATW) Effective Interest Rate on Debt % Explanation

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

Matthews International Effective Interest Rate on Debt % Related Terms

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Matthews International (Matthews International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Matthews International Corp (NAS:MATW) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SPLP FIP TRC NNBR TUSK RCMT CODI GTII FBYD HHS ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002
Traded in Other Exchanges
MW1A:Germany MW1A:Germany
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Website
https://www.matw.com
Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.
Executives
Aleta W. Richards director TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Joseph C Bartolacci officer: President, York Casket Divisio
Ronald C Awenowicz officer: SVP, Global Compliance & HR TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Lee Lane officer: SVP Matthews Automation Soluti TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Reena Gurtner officer: SVP, Global Talent & HR 241 RIVER VALLEY ROAD, GIANURN BUILDING, LEVEL 4, SINGAPORE U0 238298
Brian J Dunn officer: President, Marking Products Di
Steven F Nicola officer: Chief Financial Officer
David A Schawk director, officer: President, Brand Solutions 674 SKYE LANE, BARRINGTON IL 60010
Lillian Etzkorn director 1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Brady Edward M Jr officer: Chief Information Officer TWO NORTH SHORE CENTER, PITTSBURGH PA 15212
Tunon Alvaro Garcia director
Davor Brkovich officer: Chief Information Officer 252 PARKWEST DRIVE, PITTSBURGH PA 15275
Gary Raymond Kohl officer: President SGK 52 WOODLAND AVENUE, GLEN RIDGE NJ 07028
Robert M Marsh officer: Treasurer 108 NANTUCKET DRIVE, PITTSBURGH PA 15238
Brian D Walters officer: V.P. and General Counsel TWO NORTHSHORE CENTER, PITTSBURGH PA 15212