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SCL (Stepan Co) Effective Interest Rate on Debt % : 2.36% (As of Mar. 2025)


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What is Stepan Co 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. Stepan Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $17 Mil. Stepan Co's average total debt for the quarter that ended in Mar. 2025 was $700 Mil. Therefore, Stepan Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.36%.


Stepan Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Stepan Co'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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Stepan Co Effective Interest Rate on Debt % Chart

Stepan Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 2.09 2.06 2.36 2.79

Stepan Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.73 1.50 1.99 2.71 2.36

Competitive Comparison of Stepan Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Stepan Co'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.


Stepan Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Stepan Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Stepan Co Effective Interest Rate on Debt % Calculation

Stepan Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -19.465/( (712.172+682.831)/ 2 )
=-1  *  -19.465/697.5015
=2.79 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=459.274 + 252.898
=712.172

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=390.024 + 292.807
=682.831

Stepan Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -16.504/( (682.831+716.243)/ 2 )
=-1  *  -16.504/699.537
=2.36 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=390.024 + 292.807
=682.831

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=387.759 + 328.484
=716.243

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Stepan Co  (NYSE:SCL) Effective Interest Rate on Debt % Explanation

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


Stepan Co Effective Interest Rate on Debt % Related Terms

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Stepan Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Stepan Co (NYSE:SCL) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. The majority of Stepan's revenue comes from the United States, followed by France, Poland, the United Kingdom, Brazil, Mexico, and other countries.
Executives
David Kabbes officer: VP GC & Secretary C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606
Stepan F Quinn Jr director, officer: President and COO 22 W FRONTAGE ROAD, NORTHFIELD IL 60093
Scott R. Behrens officer: VP/GM Surfactants 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Luis Rojo officer: VP & Chief Financial Officer 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Sharon Purnell officer: VP & CHRO 1101 SKOKIE BLVD, SUITE 500, NORTHBROOK IL 60062
Randall S. Dearth director CALGON CARBON CORPORATION, P.O. BOX 717, PITTSBURGH X1 15230
Arthur W Mergner officer: VP & General Manager 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Robert Joseph Haire officer: EVP, Supply Chain 1101 SKOKIE BLVD, SUITE 500, NORTHBROOK IL 60062
Jason Scott Keiper officer: VP & Chief Tech & Sust Officer 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Gregory E Lawton director 4 TESSENEER DR, HIGHLAND HEIGHTS KY 41076
Debra Stefaniak officer: VP, Business Transformation 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Janet Anne Catlett officer: VP, CHRO 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Richard Finn Stepan officer: V.P. and Gen'l. Mgr., Polymers 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Edward J Wehmer director 454 BUENA ROAD, LAKE FOREST IL 60045
Lorinda Burgess director 22 WEST FRONTAG ROAD, NORTHBROOK IL 60093