JBI (Janus International Group) Effective Interest Rate on Debt % : 7.74% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Janus International 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. Janus International Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $46.4 Mil. Janus International Group's average total debt for the quarter that ended in Sep. 2024 was $599.4 Mil. Therefore, Janus International Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 7.74%.

Janus International Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Janus International 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.

* Premium members only.

Janus International Group Effective Interest Rate on Debt % Chart

Janus International Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

5.77

4.90

5.87

9.00

Janus International Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													9.03	9.47	9.29	8.54	7.74

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

For the Building Products & Equipment subindustry, Janus International 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.

Janus International Group's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Janus International Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Janus International Group Effective Interest Rate on Debt % Calculation

Janus International 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 * -60	/	( (713.5	+	620.4)	/ 2 )
=	-1 * -60	/	666.95
=	9.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	699.9	+	13.6
=	713.5

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	607.7	+	12.7
=	620.4

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -46.4	/	( (599.1	+	599.6)	/ 2 )
=	-1 * -46.4	/	599.35
=	7.74 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	585.8	+	13.3
=	599.1

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	586.1	+	13.5
=	599.6

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

Janus International Group (NYSE:JBI) Effective Interest Rate on Debt % Explanation

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

Janus International Group Effective Interest Rate on Debt % Related Terms

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

Janus International Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Janus International Group Inc (NYSE:JBI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 Janus International Boulevard, Temple, GA, USA, 30179

Website

https://www.janusintl.com

Janus International Group Inc is a manufacturer and supplier of turnkey solutions for self-storage, commercial, and industrial building Solutions. The company provides products that include roll-up and swing doors, hallway systems, relocatable storage MASS (Moveable Additional Storage Structures) units, and technologies for automating facility and door operation. It is operated through two geographic regions; Janus North America and Janus International. . The Janus International segment is comprised of Janus International Europe Holdings Ltd whose production and sales are largely in Europe and Australia. The Janus North America segment is comprised of all the other entities including Janus Core together with each of its operating subsidiaries, Betco, Inc.

Executives

Peter Frayser	officer: See Remarks	C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Ramey Pierce Jackson	director, officer: Chief Executive Officer	C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Norman V Nettie	officer: See Remarks	C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Morgan Hodges	officer: Executive Vice President	C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Clearlake Capital Group, L.p.	director, 10 percent owner	233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Behdad Eghbali	director, 10 percent owner	233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
David Vanevenhoven	officer: Chief Accounting Officer	135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Elliot Housman Kahler	officer: General Counsel	135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Alessandro Araldi	officer: See Remarks	135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Rebecca Castillo	officer: See Remarks	C/O JANUS INTERNATIONAL GROUP, INC., 135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Heather Harding	director	LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Anselm Wong	officer: See Remarks	135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Roger Fradin	director	C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Brian Scott Cook	director	C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Xavier A Gutierrez	director	9550 FIRESTONE BOULEVARD, SUITE 105, DOWNEY CA 90241