GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Brunswick Corp (NYSE:BC) » Definitions » Effective Interest Rate on Debt %

BC (Brunswick) Effective Interest Rate on Debt % : 4.65% (As of Sep. 2024)


View and export this data going back to 1925. Start your Free Trial

What is Brunswick 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. Brunswick's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $132 Mil. Brunswick's average total debt for the quarter that ended in Sep. 2024 was $2,839 Mil. Therefore, Brunswick's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 4.65%.


Brunswick Effective Interest Rate on Debt % Historical Data

The historical data trend for Brunswick'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.

Brunswick Effective Interest Rate on Debt % Chart

Brunswick 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 6.28 6.01 4.46 4.31 4.30

Brunswick Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.35 4.25 4.11 4.40 4.65

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

For the Recreational Vehicles subindustry, Brunswick'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.


Brunswick's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Brunswick's Effective Interest Rate on Debt % distribution charts can be found below:

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



Brunswick Effective Interest Rate on Debt % Calculation

Brunswick'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  *  -112.4/( (2634.6+2592.6)/ 2 )
=-1  *  -112.4/2613.6
=4.30 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2517.8 + 116.8
=2634.6

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2109.6 + 483
=2592.6

Brunswick's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -132/( (2962.9+2716)/ 2 )
=-1  *  -132/2839.45
=4.65 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2508.2 + 454.7
=2962.9

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2516.8 + 199.2
=2716

* 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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Brunswick  (NYSE:BC) Effective Interest Rate on Debt % Explanation

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


Brunswick Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Brunswick's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Brunswick Business Description

Industry
Traded in Other Exchanges
Address
26125 N. Riverwoods Boulevard, Suite 500, Mettawa, IL, USA, 60045-3420
Brunswick is a leading manufacturer in the marine recreation industry. The firm has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick's focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.
Executives
Reginald Fils-aime director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Christopher F Dekker officer: V.P. GEN COUNSEL & SECRETARY BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Nancy E Cooper director 26 CHERRY TREE LANE, RIVERSIDE CT 06878
David M Foulkes officer: VP&Pres Marine Cons Solutions C/O BRUNSWICK CORPORATION, 26125 N RIVERWOOD BLVD. SUITE 500, METTAWA IL 60045-3420
Joseph W Mcclanathan director ENERGIZER HOLDINGS INC, 533 MARYVILLE UNIVERSITY DR, ST LOUIS MO 63141
Brenna Preisser officer: V.P. & CHIEF HR OFFICER C/O BRUNSWICK CORPORATION, 1 N. FIELD COURT, LAKE FOREST IL 60045
John G Buelow officer: EVP & President Mercury Marine 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Ryan M Gwillim officer: Senior Vice President & CFO C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD #500, METTAWA IL 60045
David V Singer director 13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277
Randall S Altman officer: Vice President and Controller C/O BRUNSWICK CORPORATION, 26125 N RIVERWOODS BLVD, METTAWA IL 60045
Jill Wrobel officer: EVP Chief Human Resources Off C/OBRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Aine Denari officer: VP, President Boat Group C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Brett A Dibkey officer: Vice President C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
William Metzger officer: VICE PRESIDENT AND TREASURER C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045