MCCK (Mestek) Effective Interest Rate on Debt %: 0.00% (As of Sep. 2023)

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MCCK Mestek Inc MCCK
12 GF Score
Price $71.00
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What is Mestek Effective Interest Rate on Debt %?

Mestek MCCK +2.90% 12 Effective Interest Rate on Debt % is 0.00% as of Sep. 2023. GuruFocus rates MCCK with a GF Score™ of 12/100.

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. Mestek's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.0 Mil. Mestek's average total debt for the quarter that ended in Sep. 2023 was $24.5 Mil. Therefore, Mestek's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.

Mestek  (OTCPK:MCCK) Effective Interest Rate on Debt % Explanation

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

Mestek Effective Interest Rate on Debt % Related Terms

Mestek Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Mestek'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.

Mestek Effective Interest Rate on Debt % Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.77 0.00 0.00 0.00

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 Sep23
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 0.00 0.00 0.00 0.20 0.00

MCCK vs CSTE, PPIH, INVE: Effective Interest Rate on Debt % Comparison

For the Building Products & Equipment subindustry, Mestek'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.

Mestek Effective Interest Rate on Debt % vs Construction Industry

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

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


MCCK
12GF Score
Mestek Inc MCCK
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mestek Effective Interest Rate on Debt % Calculation

Mestek's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  0/( (10.163+10.163)/ 2 )
=-1  *  0/10.163
=0.00 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.163 + 0
=10.163

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.163 + 0
=10.163

Mestek's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (0+24.547)/ 1 )
=-1  *  0/24.547
=0.00 %

where

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.421 + 6.126
=24.547

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

What does a Effective Interest Rate on Debt % of 0.00% mean?
Mestek (MCCK) has a Effective Interest Rate on Debt % of 0.00% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mestek and its competitors.
Is Mestek's Effective Interest Rate on Debt % too high?
Mestek's current Effective Interest Rate on Debt % is 0.00%. Overall, Mestek has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mestek's Effective Interest Rate on Debt % compare to CSTE and PPIH?
Mestek's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Construction company?
A good Effective Interest Rate on Debt % depends on the Construction industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mestek and its competitors. Mestek's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mestek stock overvalued right now?
Mestek (MCCK) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Mestek's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Mestek (MCCK), the current Effective Interest Rate on Debt % is 0.00% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mestek Business Description

Address 260 North Elm Street, Westfield, MA, USA, 01085
Mestek Inc and its subsidiaries manufacture and distribute heating, ventilating, and air conditioning equipment (HVAC), including architectural products and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
12GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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