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Standex International (Standex International) Effective Interest Rate on Debt % : 2.21% (As of Dec. 2023)


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What is Standex International 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. Standex International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $4.1 Mil. Standex International's average total debt for the quarter that ended in Dec. 2023 was $184.0 Mil. Therefore, Standex International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.21%.


Standex International Effective Interest Rate on Debt % Historical Data

The historical data trend for Standex International'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.

Standex International Effective Interest Rate on Debt % Chart

Standex International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 3.39 2.50 2.61 2.57

Standex International 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 2.72 2.61 2.37 2.60 2.21

Competitive Comparison of Standex International's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Standex International'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.


Standex International's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Standex International Effective Interest Rate on Debt % Calculation

Standex International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -5.405/( (214.078+207.251)/ 2 )
=-1  *  -5.405/210.6645
=2.57 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=206.187 + 7.891
=214.078

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=199.215 + 8.036
=207.251

Standex International'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  *  -4.076/( (184.626+183.44)/ 2 )
=-1  *  -4.076/184.033
=2.21 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=175.94 + 8.686
=184.626

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=174.739 + 8.701
=183.44

* 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.


Standex International  (NYSE:SXI) Effective Interest Rate on Debt % Explanation

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


Standex International Effective Interest Rate on Debt % Related Terms

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Standex International (Standex International) Business Description

Traded in Other Exchanges
Address
23 Keewaydin Drive, Salem, NH, USA, 03079
Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.
Executives
Ademir Sarcevic officer: Vice President/CFO/Treasurer 5500 WAYZATA BOULEVARD, MINNEAPOLIS MN 55416
Barbara Joanne Edwards director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Sean C Valashinas officer: Chief Accounting Officer C/O STANDEX INTERNATIONAL CORPORATION, 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Alan J Glass officer: Vice President/CLO
Thomas E Chorman director
David A. Dunbar director, officer: President/CEO 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Paul C. Burns other: Vice President Corporate Devel 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Cannon Charles H Jr director 200 E RANDOLPH DRIVE, CHICAGO IL 60601
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Maschera Flavio officer: Vice President/Chief Innovatio 23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Robin J Davenport director 23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
James A. Hooven officer: VP Operations & Supply Chain ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Annemarie Bell officer: Vice President Human Resources 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Thomas D. Debyle Chief Financial Officer, other: Insider STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Gerald H Fickenscher director 199 BENSON RD, MIDDLEBURY CT 06749

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