Stelrad Group (LSE:SRAD) Effective Interest Rate on Debt % : 6.12% (As of Dec. 2024)

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What is Stelrad 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. Stelrad Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was £5.4 Mil. Stelrad Group's average total debt for the quarter that ended in Dec. 2024 was £88.7 Mil. Therefore, Stelrad Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.12%.

Stelrad Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Stelrad 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.

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Stelrad Group Effective Interest Rate on Debt % Chart

Stelrad Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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11.46

12.84

3.85

6.44

7.69

Stelrad Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							3.33	7.13	5.35	8.89	6.12

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

For the Building Products & Equipment subindustry, Stelrad 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.

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

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

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

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Stelrad Group Effective Interest Rate on Debt % Calculation

Stelrad Group'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 * -6.773	/	( (90.696	+	85.541)	/ 2 )
=	-1 * -6.773	/	88.1185
=	7.69 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	88.227	+	2.469
=	90.696

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.329	+	2.212
=	85.541

Stelrad Group'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 * -5.432	/	( (91.905	+	85.541)	/ 2 )
=	-1 * -5.432	/	88.723
=	6.12 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	89.61	+	2.295
=	91.905

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.329	+	2.212
=	85.541

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.

Stelrad Group (LSE:SRAD) Effective Interest Rate on Debt % Explanation

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

Stelrad Group Effective Interest Rate on Debt % Related Terms

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Stelrad Group Business Description

Industry

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6OJ:Germany

Address

69-75 Side, Newcastle Upon Tyne, Tyne And Wear, GBR, NE1 3JE

Website

https://www.stelradplc.com

Stelrad Group PLC sells standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators, and other steel column radiators. It has manufacturing and distribution facilities in the United Kingdom, The Netherlands, and Turkey, additional distribution facilities in Poland and Denmark, and sales personnel in seven other countries, including China. Geographically, the company has three segments; UK & Ireland, Europe, and Turkey & International. The Group operates five established brands (Stelrad, Henrad, Termo Teknik, Hudevad, and Dl Radiators) that enable its products to be tailored to specific channels, maximizing market access and minimizing potential conflict.