GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Harland & Wolff Group Holdings PLC (LSE:HARL) » Definitions » Effective Interest Rate on Debt %

Harland & Wolff Group Holdings (LSE:HARL) Effective Interest Rate on Debt % : 27.38% (As of Jun. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Harland & Wolff Group Holdings 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. Harland & Wolff Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was £27.64 Mil. Harland & Wolff Group Holdings's average total debt for the quarter that ended in Jun. 2023 was £100.95 Mil. Therefore, Harland & Wolff Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 27.38%.


Harland & Wolff Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Harland & Wolff Group Holdings'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.

Harland & Wolff Group Holdings Effective Interest Rate on Debt % Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 27.55 17.23 12.72 19.81

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 12.02 9.88 24.13 21.73 27.38

Competitive Comparison of Harland & Wolff Group Holdings's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Harland & Wolff Group Holdings'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.


Harland & Wolff Group Holdings's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Harland & Wolff Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Harland & Wolff Group Holdings's Effective Interest Rate on Debt % falls into.



Harland & Wolff Group Holdings Effective Interest Rate on Debt % Calculation

Harland & Wolff Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2020 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -10.195/( (18.572+84.373)/ 2 )
=-1  *  -10.195/51.4725
=19.81 %

where

Total Debt  (A: Jul. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.79 + 2.782
=18.572

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.458 + 64.915
=84.373

Harland & Wolff Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -27.64/( (84.373+117.518)/ 2 )
=-1  *  -27.64/100.9455
=27.38 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.458 + 64.915
=84.373

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.215 + 98.303
=117.518

* 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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Harland & Wolff Group Holdings  (LSE:HARL) Effective Interest Rate on Debt % Explanation

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


Harland & Wolff Group Holdings Effective Interest Rate on Debt % Related Terms

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


Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines