IMI (IMIAF) Effective Interest Rate on Debt % : 3.18% (As of Dec. 2024)

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What is IMI 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. IMI's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $29 Mil. IMI's average total debt for the quarter that ended in Dec. 2024 was $915 Mil. Therefore, IMI's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.18%.

IMI Effective Interest Rate on Debt % Historical Data

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

IMI Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.85

2.33

2.75

3.72

3.40

IMI Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.18	3.50	3.71	3.49	3.18

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

For the Specialty Industrial Machinery subindustry, IMI'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.

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

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

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

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IMI Effective Interest Rate on Debt % Calculation

IMI's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -30.973	/	( (943.165	+	879.267)	/ 2 )
=	-1 * -30.973	/	911.216
=	3.40 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	767.595	+	175.57
=	943.165

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	578.129	+	301.138
=	879.267

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -29.078	/	( (950.764	+	879.267)	/ 2 )
=	-1 * -29.078	/	915.0155
=	3.18 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	590.204	+	360.56
=	950.764

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	578.129	+	301.138
=	879.267

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

IMI (OTCPK:IMIAF) Effective Interest Rate on Debt % Explanation

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

IMI Effective Interest Rate on Debt % Related Terms

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IMI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMI PLC (OTCPK:IMIAF) » Definitions » Effective Interest Rate on Debt %

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IMIUY:USA IMIl:UK IMI:UK IMI1:Germany IMI1:Germany

Address

Lakeside, Solihull Parkway, Birmingham Business Park, Birmingham, GBR, B37 7XZ

Website

https://www.imiplc.com

IMI PLC is engaged in designing, building, and servicing engineered products in fluid and motion control applications It develops technologies centered around valves and actuators to improve processes. It focuses on five market sectors: Process Automation, Industrial Automation, Life Science and Fluid Control, Climate Control, and Transport. Solutions can help with power generation in nuclear power plants, fuel delivery, or provide heating and cooling systems to various buildings. Customers work in energy, transportation, infrastructure, and other industrial sectors. It operates a service network to provide maintenance and repairs. Geographic Revenue based on Europe, the Americas, Asia Pacific, and the Middle East and Africa.