Rockwell Automation (Rockwell Automation) Effective Interest Rate on Debt % : 3.76% (As of Dec. 2023)

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What is Rockwell Automation 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. Rockwell Automation's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $133 Mil. Rockwell Automation's average total debt for the quarter that ended in Dec. 2023 was $3,539 Mil. Therefore, Rockwell Automation's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.76%.

Rockwell Automation Effective Interest Rate on Debt % Historical Data

The historical data trend for Rockwell Automation'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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Rockwell Automation Effective Interest Rate on Debt % Chart

Rockwell Automation Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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4.87

4.48

2.80

2.88

3.60

Rockwell Automation 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															3.19	3.29	3.27	3.34	3.76

Competitive Comparison of Rockwell Automation's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.

Rockwell Automation's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Rockwell Automation Effective Interest Rate on Debt % Calculation

Rockwell Automation'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 * -135.3	/	( (4183	+	3334.9)	/ 2 )
=	-1 * -135.3	/	3758.95
=	3.60 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3131.3	+	1051.7
=	4183

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3148.2	+	186.7
=	3334.9

Rockwell Automation'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 * -133.2	/	( (3334.9	+	3743.5)	/ 2 )
=	-1 * -133.2	/	3539.2
=	3.76 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3148.2	+	186.7
=	3334.9

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3140.9	+	602.6
=	3743.5

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.

Rockwell Automation (NYSE:ROK) Effective Interest Rate on Debt % Explanation

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

Rockwell Automation Effective Interest Rate on Debt % Related Terms

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Rockwell Automation (Rockwell Automation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rockwell Automation Inc (NYSE:ROK) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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1ROK:Italy RWL:Germany RWL:Germany

Address

1201 South Second Street, Milwaukee, WI, USA, 53204

Website

https://www.rockwellautomation.com

Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.

Executives

Matthew W. Fordenwalt	officer: SVP Lifecycle Services	1201 S. 2ND STREET, MILWAUKEE WI 53204
Christopher Nardecchia	officer: SVP, Chief Information Officer	1201 S. 2ND STREET, MILWAUKEE WI 53204
Rebecca W House	officer: SVP, CLO and Secretary	1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Frank C Kulaszewicz	officer: SVP	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Blake D. Moret	director, officer: President and CEO	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John M Miller	officer: VP and Chief IP Counsel	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Terry L. Riesterer	officer: Vice President and Controller	1201 S. 2ND STREET, MILWAUKEE WI 53204
Nicholas C Gangestad	officer: Sr. VP and CFO	3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
Veena M Lakkundi	officer: SVP, Strategy & Corp Developmt	3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Isaac Woods	officer: Vice President and Treasurer	1201 S 2ND STREET, MILWAUKEE WI 53204
Scott Genereux	officer: Sr.VP, Chief Revenue Officer	26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Brian A Shepherd	officer: Sr. VP Software and Control	1201 S 2ND STREET, MILWAUKEE WI 53204
Robert L. Buttermore	officer: SVP,Chief Supply Chain Officer	1201 S. 2ND STREET, MILWAUKEE WI 53204
Cyril Perducat	officer: SVP, Technology	1201 S. 2ND STREET, MILWAUKEE WI 53204
Tessa M. Myers	officer: SVP, Intelligent Devices	4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224