John Wood Group (FRA:JWG1) Effective Interest Rate on Debt % : 8.70% (As of Jun. 2024)

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What is John Wood Group 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. John Wood Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €131 Mil. John Wood Group's average total debt for the quarter that ended in Jun. 2024 was €1,507 Mil. Therefore, John Wood Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 8.70%.

John Wood Group Effective Interest Rate on Debt % Historical Data

The historical data trend for John Wood Group'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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John Wood Group Effective Interest Rate on Debt % Chart

John Wood Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.73

3.89

4.87

7.06

8.13

John Wood Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.45	6.18	9.09	7.18	8.70

Competitive Comparison of John Wood Group's Effective Interest Rate on Debt %

For the Oil & Gas Integrated subindustry, John Wood Group'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.

John Wood Group's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, John Wood Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

John Wood Group Effective Interest Rate on Debt % Calculation

John Wood Group'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 * -105.822	/	( (1201.523	+	1401.451)	/ 2 )
=	-1 * -105.822	/	1301.487
=	8.13 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	796.453	+	405.07
=	1201.523

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1035.843	+	365.608
=	1401.451

John Wood Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -131.174	/	( (1401.451	+	1613.209)	/ 2 )
=	-1 * -131.174	/	1507.33
=	8.70 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1035.843	+	365.608
=	1401.451

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1266.599	+	346.61
=	1613.209

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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

John Wood Group (FRA:JWG1) Effective Interest Rate on Debt % Explanation

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

John Wood Group Effective Interest Rate on Debt % Related Terms

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John Wood Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » John Wood Group PLC (FRA:JWG1) » Definitions » Effective Interest Rate on Debt %

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Address

Hareness Road, Sir Ian Wood House, Altens Industrial Estate, Aberdeen, GBR, AB12 3LE

Website

https://www.woodplc.com

John Wood Group PLC is an energy services company that provides a range of engineering, production, and technical solutions across energy and materials industries. Operations are divided into four segments: The Projects segment is focused on providing front-end engineering services, procurement, and project management. The Operations segment which derives key revenue, focuses on improving operational efficiency by providing maintenance, modification, and operation services. The Consulting segment is a technical consultancy division providing advisory services, and the Investment Services manages a range of legacy or non-core businesses and investments. Geographically, the company generates revenue from the USA, Europe, and the rest of the world.

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