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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. Simpson Manufacturing Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0 Mil. Simpson Manufacturing Co's average total debt for the quarter that ended in Sep. 2024 was $538 Mil. Therefore, Simpson Manufacturing Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.
The historical data trend for Simpson Manufacturing Co'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.
Simpson Manufacturing Co Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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4.90 | 7.94 | 2.23 | - | - |
Simpson Manufacturing Co Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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For the Lumber & Wood Production subindustry, Simpson Manufacturing Co'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.
For the Forest Products industry and Basic Materials sector, Simpson Manufacturing Co's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Simpson Manufacturing Co's Effective Interest Rate on Debt % falls into.
Simpson Manufacturing Co'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 * 0 | / | ( (635.465 | + | 551.569) | / 2 ) |
= | -1 * 0 | / | 593.517 | |||
= | 0.00 % |
where
Total Debt (A: Dec. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 601.421 | + | 34.044 |
= | 635.465 |
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 514.115 | + | 37.454 |
= | 551.569 |
Simpson Manufacturing Co'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 * 0 | / | ( (539.894 | + | 535.882) | / 2 ) |
= | -1 * 0 | / | 537.888 | |||
= | 0.00 % |
where
Total Debt (Q: Jun. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 517.394 | + | 22.5 |
= | 539.894 |
Total Debt (Q: Sep. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 513.382 | + | 22.5 |
= | 535.882 |
* 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.
Simpson Manufacturing Co (NYSE:SSD) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Simpson Manufacturing Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Roger Dankel | officer: President, Simpson Strong-Tie | 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588 |
Jennifer Lutz | officer: EVP, Human Resources | 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588 |
James S Andrasick | director | SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588 |
Michael Andersen | officer: EVP, Europe | 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588 |
Michael Olosky | officer: Chief Operating Officer | C/O SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588 |
Phillip Burton | officer: EVP, North America | 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588 |
Jennifer Chatman | director | 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588 |
Philip E Donaldson | director | 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588 |
Kevin Lee Swartzendruber | officer: Senior VP of Finance | 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588 |
Chau Banks | director | 1221 BROADWAY, OAKLAND CA 94612 |
Felica Coney | director | 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588 |
Karen Winifred Colonias | officer: Vice President | C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254 |
Brian J Magstadt | officer: Chief Financial Officer | 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588 |
Jeremy Gilstrap | officer: EVP, Innovation | 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588 |
Kenneth D. Knight | director | 1400 16TH STREET, SAN FRANCISCO CA 94103 |
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