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Essendant (Essendant) Effective Interest Rate on Debt % : 6.65% (As of Sep. 2018)


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What is Essendant 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. Essendant's annualized positive value of Interest Expense for the quarter that ended in Sep. 2018 was $35 Mil. Essendant's average total debt for the quarter that ended in Sep. 2018 was $522 Mil. Therefore, Essendant's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 was 6.65%.


Essendant Effective Interest Rate on Debt % Historical Data

The historical data trend for Essendant'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.

Essendant Effective Interest Rate on Debt % Chart

Essendant Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.61 2.88 3.64 4.82

Essendant Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 5.04 5.40 6.36 6.67 6.65

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

For the Business Equipment & Supplies subindustry, Essendant'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.


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

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

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



Essendant Effective Interest Rate on Debt % Calculation

Essendant's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  -26.696/( (608.969+498.123)/ 2 )
=-1  *  -26.696/553.546
=4.82 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=608.941 + 0.028
=608.969

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=492.044 + 6.079
=498.123

Essendant's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2018 )+Total Debt  (Q: Sep. 2018 ))/ count )
=-1  *  -34.712/( (524.732+519.948)/ 2 )
=-1  *  -34.712/522.34
=6.65 %

where

Total Debt  (Q: Jun. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=518.66 + 6.072
=524.732

Total Debt  (Q: Sep. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=512.316 + 7.632
=519.948

* 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. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Essendant  (NAS:ESND) Effective Interest Rate on Debt % Explanation

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


Essendant Effective Interest Rate on Debt % Related Terms

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Essendant (Essendant) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Essendant Inc is a wholesale distributor of workplace items. The company's products are divided into categories including: janitorial and break-room supplies, such as foodservice, safety and security, and paper and packaging items; technology products, such as computer supplies; traditional office supplies, including writing instruments, paper products, organisers, and calendars; industrial supplies, such as hand and power tools, welding products, automotive tools, and equipment; and office furniture, including desks, storage solutions, and other furniture. Essendant's customers include dealers, mail-order companies, sanitary supply distributors, store chains, and others. The company operates through four segments: business and facility essentials, ORS industrial, CPO, and automotive.
Executives
Harry Dochelli officer: President, Office & Facilities C/O LAWSON PRODUCTS, 1666 EAST TOUHY, DES PLAINES IL 60018
Riley Susan director 915 SECAUCUS ROAD, SECAUCUS NJ 07094
Dennis J Martin director 505 WEST FRANKLIN AVENUE, NAPERVILLE IL 60540
Taylor Stuart A Ii director
Paul S Williams director C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Charles K Crovitz director
Janet Zelenka officer: SVP and CFO 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Stefan L Kaluzny 10 percent owner C/O SYCAMORE PARTNERS, 9 WEST 57TH STREET, 31ST FLOOR, NEW YORK NY 10019
Roy W Haley director COMMERCE COURT FOUR STATION SQUARE, SUITE 700, PITTSBURGH PA 15219
Jean S Blackwell director
Aiken Robert Blaine Jr director, officer: President and CEO 6312 S FIDDLERS GREEN CIRCLE, 200N, GREENWOOD VILLAGE CO 80111
Eric A Blanchard officer: Sr VP, Gen Counsel & Secretary C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Earl C Shanks officer: SVP and CFO CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Timothy P Connolly officer: Chief Operating Officer C/O UNITED STATIONERS INC., ONE PARKWAY NORTH BOULEVARD, SUITE 100, DEERFIELD IL 60015-2559
Joseph G. Hartsig officer: Chief Merchandising Officer C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083

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