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IES Holdings (IES Holdings) Effective Interest Rate on Debt %

: 2.52% (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. IES Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1 Mil. IES Holdings's average total debt for the quarter that ended in Dec. 2023 was $52 Mil. Therefore, IES Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.52%.


IES Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for IES 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.

* Premium members only.

IES Holdings 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 10.31 3.89 1.34 2.53 2.77

IES Holdings 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 4.11 5.97 2.98 2.69 2.52

Competitive Comparison

For the Engineering & Construction subindustry, IES 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.


IES Holdings Effective Interest Rate on Debt % Distribution

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

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



IES Holdings Effective Interest Rate on Debt % Calculation

IES Holdings'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  *  -2.754/( (137.091+61.594)/ 2 )
=-1  *  -2.754/99.3425
=2.77 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=119.772 + 17.319
=137.091

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.098 + 19.496
=61.594

IES 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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -1.308/( (61.594+42.337)/ 2 )
=-1  *  -1.308/51.9655
=2.52 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.098 + 19.496
=61.594

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.337 + 0
=42.337

* 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.


IES Holdings  (NAS:IESC) Effective Interest Rate on Debt % Explanation

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


IES Holdings Effective Interest Rate on Debt % Related Terms

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IES Holdings (IES Holdings) Business Description

Industry
Traded in Other Exchanges
Address
2 Riverway, Suite 1730, Houston, TX, USA, 77056
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions and Commercial & Industrial. Majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Through this segment it also provides services for the installation of residential solar power, both for new construction and existing residences.
Executives
Gendell Jeffrey L Et Al director, 10 percent owner 200 PARK AVENUE SUITE 3900, NEW YORK NY 10166
Todd M Cleveland director 107 W. FRANKLIN ST., ELKHART IN 46515
Mary K Newman officer: VP, General Counsel & Corp Sec 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Matthew J Simmes officer: Chief Operating Officer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Alison M Petersen officer: VP & Chief Accounting Officer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Tracy Mclauchlin officer: SVP, CFO & Treasurer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
David B. Gendell director 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Jennifer A Baldock director 7 WITHERELL DRIVE, GREENWICH CT 06831
Elizabeth Leykum director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Gary S Matthews director, officer: CEO and Director 5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Donald L Luke director 5433 WESTHEIMER RD, SUITE 500, HOUSTON TX 77056
Gail D Makode officer: SVP, GC & Secretary ONE SOUND SHORE DR, SUITE 304, GREENWICH CT 06830
Tontine Capital Management Llc 10 percent owner C/O TORTINE PARTNERS LP, 55 RAILRAOD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Capital Partners L P 10 percent owner C/O TONTINE CAPITAL MANAGEMENT LLC LP, 55 RAILROAD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Associates, Llc 10 percent owner 1 SOUND SHORE DRIVE, SUITE 304, GREENWICH CT 06830