Inscape (Inscape) Effective Interest Rate on Debt % : 5.86% (As of Oct. 2022)

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

What is Inscape 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. Inscape's annualized positive value of Interest Expense for the quarter that ended in Oct. 2022 was $1.22 Mil. Inscape's average total debt for the quarter that ended in Oct. 2022 was $20.77 Mil. Therefore, Inscape's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2022 was 5.86%.

Inscape Effective Interest Rate on Debt % Historical Data

The historical data trend for Inscape'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.

Inscape Effective Interest Rate on Debt % Chart

Inscape Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.06

7.68

Inscape Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.77	9.31	5.79	5.64	5.86

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

For the Furnishings, Fixtures & Appliances subindustry, Inscape'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.

Inscape's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inscape's Effective Interest Rate on Debt % distribution charts can be found below:

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

Inscape Effective Interest Rate on Debt % Calculation

Inscape's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2021 )	+	Total Debt (A: Apr. 2022 ))	/ count )
=	-1 * -1.434	/	( (14.516	+	22.815)	/ 2 )
=	-1 * -1.434	/	18.6655
=	7.68 %

where

	Total Debt (A: Apr. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.477	+	7.039
=	14.516

	Total Debt (A: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.106	+	1.709
=	22.815

Inscape's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2022 )	+	Total Debt (Q: Oct. 2022 ))	/ count )
=	-1 * -1.216	/	( (21.263	+	20.269)	/ 2 )
=	-1 * -1.216	/	20.766
=	5.86 %

where

	Total Debt (Q: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.623	+	1.64
=	21.263

	Total Debt (Q: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.603	+	1.666
=	20.269

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 (Oct. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Inscape (GREY:ICPBQ) Effective Interest Rate on Debt % Explanation

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

Inscape Effective Interest Rate on Debt % Related Terms

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

Inscape (Inscape) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Inscape Corp (GREY:ICPBQ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Toll Road, Holland Landing, ON, CAN, L9N 1H2

Website

https://www.myinscape.com

Inscape Corp is an office furniture manufacturer. Its operating segment includes Furniture and Walls. The furniture segment includes storage, benching, systems, and seating solutions. The Walls segment includes architectural and movable walls. It generates maximum revenue from the Furniture segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. It provides services to small and large organizations.