>
Switch to:

Graco Effective Interest Rate on Debt %

: 4.50% (As of Sep. 2021)
View and export this data going back to 1986. Start your Free Trial

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. Graco's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was $10 Mil. Graco's average total debt for the quarter that ended in Sep. 2021 was $222 Mil. Therefore, Graco's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 4.50%.


Graco Effective Interest Rate on Debt % Historical Data

The historical data trend for Graco'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.

Graco Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.86 5.92 5.64 5.45 5.42

Graco Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 2.96 3.66 4.48 4.75 4.50

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Graco'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.

   

Graco Effective Interest Rate on Debt % Distribution

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

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



Graco Effective Interest Rate on Debt % Calculation

Graco's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -11.28/( (203.896+212.585)/ 2 )
=-1  *  -11.28/208.2405
=5.42 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=188.474 + 15.422
=203.896

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=179.224 + 33.361
=212.585

Graco's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Sep. 2021 ))/ count )
=-1  *  -10/( (204.529+240.121)/ 2 )
=-1  *  -10/222.325
=4.50 %

where

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=181.639 + 22.89
=204.529

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=180.389 + 59.732
=240.121

* 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 (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Graco  (NYSE:GGG) Effective Interest Rate on Debt % Explanation

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


Graco Effective Interest Rate on Debt % Related Terms

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


Graco Business Description

Graco logo
Industry
Industrials » Industrial Products NAICS : 333249 SIC : 3561
Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $1.7 billion in sales and $410 million in operating income in 2020.
Executives
Zumbolo Brian J officer: President, Asia Pacific PO BOX 1441 MINNEAPOLIS MN 55440-1441
Gallivan Karen Park officer: Executive Vice President P O BOX 1441 MINNEAPOLIS MN 55440-1441
Wheeler Kevin J. director A. O. SMITH CORPORATION 500 TENNESSEE WALTZ PARKWAY ASHLAND CITY TN 37015
Van Sant R William director PO BOX 1441 MINNEAPOLIS MN 55440-1441
Eugster Jack W director PO BOX 1441 MINNEAPOLIS MN 55440-1441
Etchart Eric director ROOM F, 22F CROSS REGION PLAZA 899 LINGLING ROAD SHANGHAI F4 200030
White Emily director C/O LULULEMON ATHLETICA INC. 1818 CORNWALL AVENUE VANCOUVER A1 V6J 1C7
Morfitt Martha A M director P.O. BOX 1441 MINNEAPOLIS MN 55440-1441
Mitau Lee R director P O BOX 1441 MINNEAPOLIS MN 55440-1441
Feragen Jody H director 1 HORMEL PLACE AUSTIN TX 55912
Gilligan J Kevin director P O BOX 1441 MINNEAPOLIS MN 55440-1441
White Timothy R officer: President, White Knight, QED 88 11TH AVENUE NE MINNEAPOLIS MN 55413
Johnson Dale D officer: President, Worldwide CED P.O. BOX 1441 MINNEAPOLIS MN 5440-1441
Chambers Caroline M officer: President, EMEA PO BOX 1441 MINNEAPOLIS MN 55440-1441
Wordell Angela F officer: EVP, Operations, President ONG 88 11TH AVENUE NE MINNEAPOLIS MN 55413

Graco Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)