TransDigm Group (TransDigm Group) Effective Interest Rate on Debt % : 5.91% (As of Sep. 2023)

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What is TransDigm Group 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. TransDigm Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was USD1,168 Mil. TransDigm Group's average total debt for the quarter that ended in Sep. 2023 was USD19,766 Mil. Therefore, TransDigm Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 5.91%.

TransDigm Group Effective Interest Rate on Debt % Historical Data

The historical data trend for TransDigm Group'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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TransDigm Group Effective Interest Rate on Debt % Chart

TransDigm Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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5.77

5.57

5.29

5.40

5.88

TransDigm Group 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															5.77	5.80	5.73	5.91	6.07

Competitive Comparison of TransDigm Group's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, TransDigm Group'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.

TransDigm Group's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TransDigm Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

TransDigm Group Effective Interest Rate on Debt % Calculation

TransDigm Group'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 * -1164	/	( (19813	+	19766)	/ 2 )
=	-1 * -1164	/	19789.5
=	5.88 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19369	+	444
=	19813

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19330	+	436
=	19766

TransDigm Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -1168	/	( (19765	+	19766)	/ 2 )
=	-1 * -1168	/	19765.5
=	5.91 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19348	+	417
=	19765

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19330	+	436
=	19766

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

TransDigm Group (NYSE:TDG) Effective Interest Rate on Debt % Explanation

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

TransDigm Group Effective Interest Rate on Debt % Related Terms

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TransDigm Group (TransDigm Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TransDigm Group Inc (NYSE:TDG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TDG:Mexico T7D:Germany T1DG34:Brazil

Address

1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114

Website

https://www.transdigm.com

TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

Executives

Joel Reiss	officer: Executive Vice President	1301 E. 9TH STREET, SUITE 3000, CLEVELAND OH 44114
W Nicholas Howley	officer: Chief Executive Officer	C/O TRANSDIGM INC., 1301 EAST NINTH STREET, SUITE 3710, CLEVELAND OH 44114
Michael Lisman	officer: Chief Financial Officer	1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Robert J Small	director
Sean P Hennessy	director	C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115
Jorge Valladares	officer: Pres., Adel Wiggins Group	ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Sarah Wynne	officer: Corporate Accounting Officer	1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Kevin M Stein	officer: COO - Power	TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Jessica L Warren	officer: GC, CCO, Secretary	1301 EAST NINTH STREET, SUITE 3000, CLEVELAND OH 44114
Mervin Dunn	director	COMMERCIAL VEHICLE GROUP, INC., 6530 WEST CAMPUS WAY, NEW ALBANY OH 43054
John Staer	director	C.F.MOLLERS ALLE 16, 8TV, 2300 COPENHAGEN S G7 DK
Jane M. Cronin	director	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Raymond F Laubenthal	officer: President and COO	TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3710, CLEVELAND OH 44114
Robert S Henderson	officer: Exec.V.P. & Pres., AdelWiggins	ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Halle Fine Terrion	officer: GC, CCO, Secretary	1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114