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NV5 Global (NV5 Global) Effective Interest Rate on Debt % : 6.54% (As of Dec. 2023)


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What is NV5 Global 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. NV5 Global's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $15.4 Mil. NV5 Global's average total debt for the quarter that ended in Dec. 2023 was $235.9 Mil. Therefore, NV5 Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.54%.


NV5 Global Effective Interest Rate on Debt % Historical Data

The historical data trend for NV5 Global'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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NV5 Global Effective Interest Rate on Debt % Chart

NV5 Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 4.18 2.68 3.58 8.74

NV5 Global 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 4.95 5.07 6.95 6.45 6.54

Competitive Comparison of NV5 Global's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, NV5 Global'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.


NV5 Global's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, NV5 Global's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where NV5 Global's Effective Interest Rate on Debt % falls into.



NV5 Global Effective Interest Rate on Debt % Calculation

NV5 Global's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -12.97/( (67.93+228.707)/ 2 )
=-1  *  -12.97/148.3185
=8.74 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=39.673 + 28.257
=67.93

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=205.468 + 23.239
=228.707

NV5 Global'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  *  -15.436/( (243.067+228.707)/ 2 )
=-1  *  -15.436/235.887
=6.54 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=215.642 + 27.425
=243.067

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=205.468 + 23.239
=228.707

* 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.


NV5 Global  (NAS:NVEE) Effective Interest Rate on Debt % Explanation

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


NV5 Global Effective Interest Rate on Debt % Related Terms

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NV5 Global (NV5 Global) Business Description

Industry
Traded in Other Exchanges
N/A
Address
200 South Park Road, Suite 350, Hollywood, FL, USA, 33021
NV5 Global Inc is a provider of technology, conformity assessment, and consulting solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets, operating nationwide and abroad. The Company's clients include the U.S. Federal, state and local governments, and the private sector. The operating business segments are Infrastructure and Building, Technology & Sciences, and Geospatial Solutions. The maximum revenue derives from the Infrastructure segment.
Executives
Maryjo O'brien officer: Ex VP, Chief Admin & Secretary 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Donald C Alford director, officer: Executive VP 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106
Richard Tong officer: Exec VP and General Counsel 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
William D Pruitt director C/O KOS PHARMACEUTICALS, INC., 2200 N. COMMERCE PKWY., SUITE 300, WESTON FL 33326-3258
Brian C. Freckmann director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Dickerson Wright director, 10 percent owner, officer: CEO and President 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106
Alexander A. Hockman officer: Executive VP 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Tardan Francois director 200 SOUTH PARK RD., SUITE 350, HOLLYWOOD FL 33021
Denise Dickins director 1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406
Michael John Renshaw director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Laurie Catherine Conner director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Gerald J. Salontai director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Michael P Rama officer: VP and CFO C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134
Edward H Codispoti officer: CFO 10255 SW 9TH TERRACE, MIAMI FL 33174
Jeffrey A. Liss director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021