GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haynes International Inc (FRA:HYVN) » Definitions » Effective Interest Rate on Debt %

Haynes International (FRA:HYVN) Effective Interest Rate on Debt % : 7.47% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Haynes International 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. Haynes International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €7.4 Mil. Haynes International's average total debt for the quarter that ended in Mar. 2024 was €98.9 Mil. Therefore, Haynes International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.47%.


Haynes International Effective Interest Rate on Debt % Historical Data

The historical data trend for Haynes International'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.

Haynes International Effective Interest Rate on Debt % Chart

Haynes International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 639.29 127.15 84.60 6.50 7.71

Haynes International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.53 8.26 7.78 7.85 7.47

Competitive Comparison of Haynes International's Effective Interest Rate on Debt %

For the Metal Fabrication subindustry, Haynes International'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.


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

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

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



Haynes International Effective Interest Rate on Debt % Calculation

Haynes International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -7.116/( (76.318+108.23)/ 2 )
=-1  *  -7.116/92.274
=7.71 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.05 + 0.268
=76.318

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.947 + 0.283
=108.23

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -7.388/( (100.999+96.738)/ 2 )
=-1  *  -7.388/98.8685
=7.47 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=100.999 + 0
=100.999

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.738 + 0
=96.738

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


Haynes International  (FRA:HYVN) Effective Interest Rate on Debt % Explanation

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


Haynes International Effective Interest Rate on Debt % Related Terms

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


Haynes International (FRA:HYVN) Business Description

Traded in Other Exchanges
Address
1020 West Park Avenue, Kokomo, IN, USA, 46904-9013
Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys. The company is focused on developing, manufacturing, marketing, and distributing technology and high-performance alloys. The company operates in a single segment: the design, manufacture, marketing, and distribution of technologically advanced, high-performance alloys for use in the aerospace, industrial gas turbine, chemical processing, and other industries Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, China, and other countries.

Haynes International (FRA:HYVN) Headlines

No Headlines