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ROL (Rollins) Effective Interest Rate on Debt % : 3.34% (As of Sep. 2024)


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What is Rollins 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. Rollins's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $29 Mil. Rollins's average total debt for the quarter that ended in Sep. 2024 was $858 Mil. Therefore, Rollins's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.34%.


Rollins Effective Interest Rate on Debt % Historical Data

The historical data trend for Rollins'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.

Rollins Effective Interest Rate on Debt % Chart

Rollins Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.12 0.20 0.71 3.31

Rollins Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.90 3.84 3.70 3.59 3.34

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

For the Personal Services subindustry, Rollins'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.


Rollins's Effective Interest Rate on Debt % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Rollins's Effective Interest Rate on Debt % distribution charts can be found below:

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



Rollins Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -19.055/( (336.329+816.348)/ 2 )
=-1  *  -19.055/576.3385
=3.31 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=236.786 + 99.543
=336.329

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=724.145 + 92.203
=816.348

Rollins's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -28.6/( (875.587+839.458)/ 2 )
=-1  *  -28.6/857.5225
=3.34 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=769.682 + 105.905
=875.587

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=725.731 + 113.727
=839.458

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Rollins  (NYSE:ROL) Effective Interest Rate on Debt % Explanation

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


Rollins Effective Interest Rate on Debt % Related Terms

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Rollins Business Description

Industry
Traded in Other Exchanges
Address
2170 Piedmont Road, N.E., Atlanta, GA, USA, 30324
Rollins is a global leader in route-based pest-control services, with operations spanning North, Central and South America, Europe, the Middle East and Africa and Australia. Its portfolio of pest-control brands includes the prominent Orkin brand, market leader in the US, where it boasts near national coverage, and in Canada. Residential pest and termite prevention dominates the services provided by Rollins, owing to the group's ongoing focus on US and Canadian markets.
Executives
Timothy Curtis Rollins 10 percent owner 2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Elizabeth B Chandler officer: Corporate Secretary C/O ASBURY AUTOMOTIVE GROUP, INC., 2905 PREMIERE PKWY NW, 300, DULUTH GA 30097
Jerry Jr. Gahlhoff director, officer: PRESIDENT & CEO 2170 PIEDMONT ROAD N.E., ATLANTA GA 30324
Kenneth D. Krause officer: EXEC. VP, CFO AND TREASURER 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Thomas D Tesh officer: Chief Admin. Officer and CIO 2170 N PIEDMONT ROAD NE, ATLANTA GA 30324
Traci Hornfeck officer: Principal Accounting Officer 2170 N PIEDMONT ROAD NE, ATLANTA GA 30324
John F Wilson director, officer: President and COO 2170 PIEDMONT ROAD, NE, ATLANTA GA 30324
Paul Russell Hardin director 2999 WILDWOOD PARKWAY SE, ATLANTA GA 30339
Lor Inc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Gary W. Rollins Voting Trust U/a Dated September 14, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329
R. Randall Rollins Voting Trust U/a Dated August 25, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Patrick J. Gunning director 1958 CALDER COURT, DUNWOODY GA 30338
Jerry W Nix director 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
Louise S Sams director C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Gregory B Morrison director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225