Valmont Industries (Valmont Industries) Effective Interest Rate on Debt % : 5.07% (As of Dec. 2023)

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What is Valmont Industries 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. Valmont Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $61 Mil. Valmont Industries's average total debt for the quarter that ended in Dec. 2023 was $1,208 Mil. Therefore, Valmont Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.07%.

Valmont Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Valmont Industries'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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Valmont Industries Effective Interest Rate on Debt % Chart

Valmont Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.94

4.78

4.35

4.43

4.92

Valmont Industries 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															4.97	4.80	5.26	4.77	5.07

Competitive Comparison of Valmont Industries's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Valmont Industries'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.

Valmont Industries's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Valmont Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Valmont Industries Effective Interest Rate on Debt % Calculation

Valmont Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -56.808	/	( (1033.444	+	1274.552)	/ 2 )
=	-1 * -56.808	/	1153.998
=	4.92 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1026.404	+	7.04
=	1033.444

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1270.628	+	3.924
=	1274.552

Valmont Industries'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 * -61.256	/	( (1142.361	+	1274.552)	/ 2 )
=	-1 * -61.256	/	1208.4565
=	5.07 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1137.781	+	4.58
=	1142.361

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1270.628	+	3.924
=	1274.552

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.

Valmont Industries (NYSE:VMI) Effective Interest Rate on Debt % Explanation

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

Valmont Industries Effective Interest Rate on Debt % Related Terms

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Valmont Industries (Valmont Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Valmont Industries Inc (NYSE:VMI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

VI1:Germany

Address

15000 Valmont Plaza, Omaha, NE, USA, 68154-5215

Website

https://www.valmont.com

Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.

Executives

Aaron M Schapper	officer: EVP Infrastructure	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
Theodor Werner Freye	director	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
John Timothy Donahue	officer: EVP, Corp/Business Development	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68135
Stephen G Kaniewski	officer: President & COO	15000 VALMONT PLAZA, 15000 VALMONT PLAZA, OMAHA NE 68154
Daas Kaj Den	director	EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Gene Padgett	officer: CAO	VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Timothy Francis	officer: VP Corporate Controller	VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154-5215
Thomas Mitchell Parnell	officer: SVP, Human Resources	VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Renee L Campbell	officer: SVP, Investor Relations, Treas	VALMONT INDUSTRIES, 15000 VALMONT PLAZA, OMAHA NE 68154
R Andrew Massey	officer: VP, Legal and Compliance	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
James B. Milliken	director	ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68135
Mogens C Bay	director, officer: Chairman and CEO	15000 VALMONT PLAZA, OMAHA NE 68154
Randt Clark T. Jr.	director	ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68154
Joan Robinson-berry	director	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175
Ritu Favre	director	12367 CROSTHWAITE CIRCLE, POWAY CA 92064