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EnerSys (EnerSys) Effective Interest Rate on Debt % : 4.95% (As of Dec. 2023)


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What is EnerSys 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. EnerSys's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $47 Mil. EnerSys's average total debt for the quarter that ended in Dec. 2023 was $946 Mil. Therefore, EnerSys's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.95%.


EnerSys Effective Interest Rate on Debt % Historical Data

The historical data trend for EnerSys'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.

EnerSys Effective Interest Rate on Debt % Chart

EnerSys 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 3.78 3.86 3.35 3.10 4.70

EnerSys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.67 5.21 5.81 5.09 4.95

Competitive Comparison of EnerSys's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, EnerSys'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.


EnerSys's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



EnerSys Effective Interest Rate on Debt % Calculation

EnerSys'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  *  -59.529/( (1371.492+1160.76)/ 2 )
=-1  *  -59.529/1266.126
=4.70 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1296.137 + 75.355
=1371.492

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1108.798 + 51.962
=1160.76

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -46.872/( (980.478+911.77)/ 2 )
=-1  *  -46.872/946.124
=4.95 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=949.934 + 30.544
=980.478

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=880.833 + 30.937
=911.77

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


EnerSys  (NYSE:ENS) Effective Interest Rate on Debt % Explanation

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


EnerSys Effective Interest Rate on Debt % Related Terms

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EnerSys (EnerSys) Business Description

Industry
Traded in Other Exchanges
Address
2366 Bernville Road, Reading, PA, USA, 19605
EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems which combine enclosures, power conversion, power distribution and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Its segments include Energy Systems, Motive Power, and Specialty.
Executives
Andrew M. Zogby officer: Pres, Energy Systems-Americas 2366 BERNVILLE ROAD, READING PA 19605
Tamara Morytko director 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Rudolph W. Wynter director C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Andrea J. Funk officer: EVP & Chief Financial Officer C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Joern Tinnemeyer officer: Sr. VP & CTO C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Shawn M. O'connell officer: Pres, Motive Power Americas 2366 BERNVILLE ROAD, READING PA 19605
David M Shaffer officer: President, EMEA C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Caroline Chan director 2366 BERNVILLE ROAD, READING PA 19605
Steven M Fludder director 264 NANTASKET ROAD, HULL MA 02045
Holger P Aschke officer: President - EMEA C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Todd M. Sechrist officer: SVP - Americas C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Myles Jones officer: President - Asia C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Jeffrey W. Long officer: President, Americas C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Ronald P Vargo director 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940