GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Water Products, Inc. (NYSE:MWA) » Definitions » Effective Interest Rate on Debt %

Mueller Water Products, (Mueller Water Products,) Effective Interest Rate on Debt % : 4.04% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Mueller Water Products, 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. Mueller Water Products,'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $19 Mil. Mueller Water Products,'s average total debt for the quarter that ended in Dec. 2023 was $475 Mil. Therefore, Mueller Water Products,'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.04%.


Mueller Water Products, Effective Interest Rate on Debt % Historical Data

The historical data trend for Mueller Water Products,'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.

Mueller Water Products, Effective Interest Rate on Debt % Chart

Mueller Water Products, 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 4.98 5.51 4.78 3.50 3.68

Mueller Water Products, 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 3.46 3.47 3.89 3.89 4.04

Competitive Comparison of Mueller Water Products,'s Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Mueller Water Products,'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.


Mueller Water Products,'s Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Water Products,'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mueller Water Products,'s Effective Interest Rate on Debt % falls into.



Mueller Water Products, Effective Interest Rate on Debt % Calculation

Mueller Water Products,'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  *  -17.4/( (473.7+472.1)/ 2 )
=-1  *  -17.4/472.9
=3.68 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=468.5 + 5.2
=473.7

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=466.5 + 5.6
=472.1

Mueller Water Products,'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  *  -19.2/( (472.1+478.5)/ 2 )
=-1  *  -19.2/475.3
=4.04 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=466.5 + 5.6
=472.1

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=472.6 + 5.9
=478.5

* 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.


Mueller Water Products,  (NYSE:MWA) Effective Interest Rate on Debt % Explanation

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


Mueller Water Products, Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Mueller Water Products,'s Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mueller Water Products, (Mueller Water Products,) Business Description

Traded in Other Exchanges
Address
1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.
Executives
Lydia W Thomas director ALLMERICA FINANCIAL CORP, 440 LINCOLN ST, WORCESTER MA 01653
Mark J Obrien director 3000 BAYPORT DRIVE, SUITE 1100, TAMPA FL 33607
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Michael T Tokarz director 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Kenji Takeuchi officer: SVP, Engineering 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Chason A Carroll officer: VP, General Counsel & Corp Sec 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Niclas Ytterdahl director C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Paul Mcandrew officer: SVP, Operations & Supply Chain 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Brian Slobodow director 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Shirley C. Franklin director C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY RD., SUITE 1200, ATLANTA GA 30328
Steven S Heinrichs officer: EVP, General Counsel and Sec 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Todd P Helms officer: SVP and CHRO 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Marietta Edmunds Zakas officer: SVP-Strategy and IR 1200 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Suzanne G Smith officer: VP and CAO 1275 PEACHTREE STREET, 6TH FLOOR, ATLANTA GA 30309
Jeffery S. Sharritts director 1200 ABERNATHY RD., NE, STE 1200, ATLANTA GA 30328