SCCI (Shimmick Construction Company) Effective Interest Rate on Debt %: 4.50% (As of Jun. 2015)

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What is Shimmick Construction Company Effective Interest Rate on Debt %?

Shimmick Construction Company SCCI Effective Interest Rate on Debt % is 4.50% as of Jun. 2015.

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. Shimmick Construction Company's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was $1.33 Mil. Shimmick Construction Company's average total debt for the quarter that ended in Jun. 2015 was $29.57 Mil. Therefore, Shimmick Construction Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was 4.50%.


Shimmick Construction Company  (NAS:SCCI) Effective Interest Rate on Debt % Explanation

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


Shimmick Construction Company Effective Interest Rate on Debt % Related Terms


Shimmick Construction Company Effective Interest Rate on Debt % Historical Data

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The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company Effective Interest Rate on Debt % Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
Effective Interest Rate on Debt %
2.88 4.38

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
Effective Interest Rate on Debt % 0.00 3.13 6.16 4.50

SCCI vs TSSI, SWMM, SFHI: Effective Interest Rate on Debt % Comparison

For the Engineering & Construction subindustry, Shimmick Construction Company'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.


Shimmick Construction Company Effective Interest Rate on Debt % vs Construction Industry

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

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



Shimmick Construction Company Effective Interest Rate on Debt % Calculation

Shimmick Construction Company's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -1.424/( (38.294+26.751)/ 2 )
=-1  *  -1.424/32.5225
=4.38 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.924 + 5.37
=38.294

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.115 + 2.636
=26.751

Shimmick Construction Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2014 )+Total Debt  (Q: Jun. 2015 ))/ count )
=-1  *  -1.33/( (26.751+32.383)/ 2 )
=-1  *  -1.33/29.567
=4.50 %

where

Total Debt  (Q: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.115 + 2.636
=26.751

Total Debt  (Q: Jun. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.251 + 7.132
=32.383

* 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. 2015) 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 4.50% mean?
Shimmick Construction Company (SCCI) has a Effective Interest Rate on Debt % of 4.50% as of Jun. 2015. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Shimmick Construction Company and its competitors.
Is Shimmick Construction Company's Effective Interest Rate on Debt % too high?
Shimmick Construction Company's current Effective Interest Rate on Debt % is 4.50%.
How does Shimmick Construction Company's Effective Interest Rate on Debt % compare to TSSI and SWMM?
Shimmick Construction Company's Effective Interest Rate on Debt % of 4.50% 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 Shimmick Construction Company and its competitors. Shimmick Construction Company's current Effective Interest Rate on Debt % is 4.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current Effective Interest Rate on Debt % of 4.50%. The current Effective Interest Rate on Debt % is 4.50%. 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 Shimmick Construction Company (SCCI), the current Effective Interest Rate on Debt % is 4.50% as of Jun. 2015. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.