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Mattr (TSX:MATR) Effective Interest Rate on Debt % : 6.10% (As of Mar. 2025)


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What is Mattr 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. Mattr's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was C$38 Mil. Mattr's average total debt for the quarter that ended in Mar. 2025 was C$631 Mil. Therefore, Mattr's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 6.10%.


Mattr Effective Interest Rate on Debt % Historical Data

The historical data trend for Mattr'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.

Mattr Effective Interest Rate on Debt % Chart

Mattr 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 4.98 5.26 6.80 9.21 6.60

Mattr 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 9.99 11.18 8.74 6.43 6.10

Competitive Comparison of Mattr's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Mattr'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.


Mattr's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mattr's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Mattr Effective Interest Rate on Debt % Calculation

Mattr'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  *  -28.803/( (232.464+640.369)/ 2 )
=-1  *  -28.803/436.4165
=6.60 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=221.134 + 11.33
=232.464

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=631.189 + 9.18
=640.369

Mattr'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  *  -38.476/( (640.369+621.506)/ 2 )
=-1  *  -38.476/630.9375
=6.10 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=631.189 + 9.18
=640.369

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=612.421 + 9.085
=621.506

* 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.


Mattr  (TSX:MATR) Effective Interest Rate on Debt % Explanation

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


Mattr Effective Interest Rate on Debt % Related Terms

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Mattr Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mattr Corp (TSX:MATR) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
25 Bethridge Road, Toronto, ON, CAN, M9W 1M7
Mattr Corp is a materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed manufacturing and service facilities. Its business segments are Composite Technologies and Connection Technologies. A majority of its revenue is generated from the Composite Technologies segment which manufactures flexible composite pipes used predominantly for oil and gas gathering lines, and other applications operating under the Flexpipe brand. Under the Xerxes brand, this segment also manufactures FRP underground storage tanks for retail fuel and other markets. Geographically, the company derives maximum revenue from the United States of America.
Executives
Laura Ann Cillis Director
Alan Roy Hibben Director
Kevin Nugent Director
Shannon Kara Glover Senior Officer
Thomas Ray Holloway Senior Officer
Michael Edward Reeves Senior Officer
Frank Cistrone Senior Officer