Zep (FRA:14Z) Effective Interest Rate on Debt % : 3.77% (As of Feb. 2015)

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What is Zep 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. Zep's annualized positive value of Interest Expense for the quarter that ended in Feb. 2015 was €6.6 Mil. Zep's average total debt for the quarter that ended in Feb. 2015 was €174.0 Mil. Therefore, Zep's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2015 was 3.77%.

Zep Effective Interest Rate on Debt % Historical Data

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

Zep Annual Data

Trend

Aug05

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Effective Interest Rate on Debt %

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3.04

6.00

5.18

5.54

6.02

Zep Quarterly Data
	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.43	4.58	7.01	-	3.77

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

For the Specialty Chemicals subindustry, Zep'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.

Zep's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zep's Effective Interest Rate on Debt % distribution charts can be found below:

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

Zep Effective Interest Rate on Debt % Calculation

Zep's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2013 )	+	Total Debt (A: Aug. 2014 ))	/ count )
=	-1 * -9.416	/	( (157.641	+	155.372)	/ 2 )
=	-1 * -9.416	/	156.5065
=	6.02 %

where

	Total Debt (A: Aug. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	138.866	+	18.775
=	157.641

	Total Debt (A: Aug. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	140.347	+	15.025
=	155.372

Zep's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2014 )	+	Total Debt (Q: Feb. 2015 ))	/ count )
=	-1 * -6.56	/	( (162.569	+	185.404)	/ 2 )
=	-1 * -6.56	/	173.9865
=	3.77 %

where

	Total Debt (Q: Nov. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	146.526	+	16.043
=	162.569

	Total Debt (Q: Feb. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	167.783	+	17.621
=	185.404

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 (Feb. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Zep (FRA:14Z) Effective Interest Rate on Debt % Explanation

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

Zep Effective Interest Rate on Debt % Related Terms

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Zep (FRA:14Z) Business Description

Industry

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Address

Website

http://www.zepinc.com

Zep Inc. was founded in 1937. It is a producer, marketer, and service provider of a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer end-markets. Zeps product portfolio includes anti-bacterial and industrial hand care products, cleaners, degreasers, deodorizers, disinfectants, floor finishes, sanitizers, and pest and weed control products. It continually refreshes its product portfolio and service offerings. Zep reaches its customers through an experienced, international organization of sales representatives supported by highly skilled marketing, research and development and technical services teams, who collectively provide creative solutions for its customers' diverse cleaning and maintenance needs by utilizing their product expertise and providing customized value added services that it distinguish Zep among its competitors. Through its direct sales organization, Zep provides convenient, highly effective cleaning and maintenance solutions to customers in a broad array of commercial, industrial, and institutional end-markets, including transportation, food processing and service, manufacturing, government, and housekeeping. These customers include government entities and businesses ranging from small sole proprietorships to large corporations. It sells its products to customers mainly in the United States, Canada and Western Europe. Zep markes these products and services under well recognized and established brand names, such as Zep , Zep Commercial, Zep Professional, Enforcer, and Selig. Zep is its flagship brand and represents largest portfolio of cleaning and maintenance solutions for commercial, industrial, and institutional customers needing highly effective product solutions and professional technical support. Zep Commercial provides professional cleaning and plumbing chemical products targeted to contractors and small business owners and are currently sold through The Home Depot, HD Supply and other retailers. Zep Professional was introduced in fiscal year 2009 and represents its portfolio of cleaning and maintenance solutions that are offered to customers in the commercial, industrial, and institutional end-markets who prefer to acquire product through the distribution channel. Selig offers a limited assortment of cleaning solutions targeted to commercial, industrial and institutional customers. It produces a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer customers. Zeps commercial, industrial, and institutional customers include government entities and businesses ranging from small sole proprietorships to large corporations as well as distributors. Its sales and service organization covers the United States, Canada, Italy, Belgium, Luxemburg, the Netherlands and certain other smaller markets. It manufactures products at six facilities located in the United States, Canada, the Netherlands, and Italy.The key raw materi

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