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Fulcrum Utility Services (LSE:FCRM) Effective Interest Rate on Debt % : 32.26% (As of Mar. 2023)


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What is Fulcrum Utility Services 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. Fulcrum Utility Services's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was £0.92 Mil. Fulcrum Utility Services's average total debt for the quarter that ended in Mar. 2023 was £2.86 Mil. Therefore, Fulcrum Utility Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 32.26%.


Fulcrum Utility Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Fulcrum Utility Services'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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Fulcrum Utility Services Effective Interest Rate on Debt % Chart

Fulcrum Utility Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 4.65 2.53 9.07 20.88

Fulcrum Utility Services Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 6.00 6.31 10.64 12.41 32.26

Competitive Comparison of Fulcrum Utility Services's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Fulcrum Utility Services'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.


Fulcrum Utility Services's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fulcrum Utility Services's Effective Interest Rate on Debt % distribution charts can be found below:

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



Fulcrum Utility Services Effective Interest Rate on Debt % Calculation

Fulcrum Utility Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -0.62/( (2.675+3.265)/ 2 )
=-1  *  -0.62/2.97
=20.88 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.873 + 0.802
=2.675

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.197 + 1.068
=3.265

Fulcrum Utility Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -0.922/( (2.451+3.265)/ 2 )
=-1  *  -0.922/2.858
=32.26 %

where

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.643 + 0.808
=2.451

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.197 + 1.068
=3.265

* 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 two times the semi-annual (Mar. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Fulcrum Utility Services  (LSE:FCRM) Effective Interest Rate on Debt % Explanation

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


Fulcrum Utility Services Effective Interest Rate on Debt % Related Terms

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Fulcrum Utility Services (LSE:FCRM) Business Description

Traded in Other Exchanges
N/A
Address
2 Europa View, Sheffield Business Park, Sheffield, South Yorkshire, GBR, S9 1XH
Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.

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