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Wabash National (Wabash National) Effective Interest Rate on Debt % : 4.88% (As of Dec. 2023)


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What is Wabash National 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. Wabash National's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $20 Mil. Wabash National's average total debt for the quarter that ended in Dec. 2023 was $405 Mil. Therefore, Wabash National's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.88%.


Wabash National Effective Interest Rate on Debt % Historical Data

The historical data trend for Wabash National'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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Wabash National Effective Interest Rate on Debt % Chart

Wabash National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.66 5.30 5.23 4.92 4.92

Wabash National 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 4.87 4.97 4.84 4.77 4.88

Competitive Comparison of Wabash National's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.


Wabash National's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Effective Interest Rate on Debt % distribution charts can be found below:

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



Wabash National Effective Interest Rate on Debt % Calculation

Wabash National'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  *  -19.854/( (401.938+405.514)/ 2 )
=-1  *  -19.854/403.726
=4.92 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=395.818 + 6.12
=401.938

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=396.465 + 9.049
=405.514

Wabash National'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  *  -19.764/( (404.135+405.514)/ 2 )
=-1  *  -19.764/404.8245
=4.88 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=396.3 + 7.835
=404.135

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=396.465 + 9.049
=405.514

* 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.


Wabash National  (NYSE:WNC) Effective Interest Rate on Debt % Explanation

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


Wabash National Effective Interest Rate on Debt % Related Terms

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Wabash National (Wabash National) Business Description

Traded in Other Exchanges
Address
3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.
Executives
Larry J Magee director 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mary Kristin Glazner officer: SVP Chief HR Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Michael N Pettit officer: SVP - Group President, FMP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Dustin T Smith officer: SVP and Group President, CTP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Kevin J Page officer: SVP and Group President, DPG 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Brent L Yeagy officer: Pres. of Commercial Trailer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Sudhanshu Shekhar Priyadarshi director 6425 HALL OF FAME LANE, FRISCO TX 75034
Trent Broberg director 3900 MCCARTY LANE, LAFAYETTE IN 47905
John E Kunz director 522 N. MACEWEN DRIVE, OSPREY FL 34229
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Therese M Bassett director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Taylor Stuart A Ii director
Andrew C Boynton director FULTON HALL 510, 140 COMMONWEALTH AVENUE, CHESTNUT HILL MA 02467
Melanie Margolin officer: SVP and General Counsel 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Richard J Giromini officer: Senior Vice President - COO

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