Enerpac Tool Group (STU:PW9) Effective Interest Rate on Debt % : 6.08% (As of Feb. 2024)

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What is Enerpac Tool Group 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. Enerpac Tool Group's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was €13.8 Mil. Enerpac Tool Group's average total debt for the quarter that ended in Feb. 2024 was €226.5 Mil. Therefore, Enerpac Tool Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 6.08%.

Enerpac Tool Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Enerpac Tool Group'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.

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Enerpac Tool Group Effective Interest Rate on Debt % Chart

Enerpac Tool Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

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5.79

5.16

2.46

2.47

5.71

Enerpac Tool Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.89	5.82	5.73	6.47	6.08

Competitive Comparison of Enerpac Tool Group's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Enerpac Tool Group'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.

Enerpac Tool Group's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Enerpac Tool Group Effective Interest Rate on Debt % Calculation

Enerpac Tool Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * -11.361	/	( (201.348	+	196.318)	/ 2 )
=	-1 * -11.361	/	198.833
=	5.71 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	197.4	+	3.948
=	201.348

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	192.879	+	3.439
=	196.318

Enerpac Tool Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -13.76	/	( (225.92	+	227.041)	/ 2 )
=	-1 * -13.76	/	226.4805
=	6.08 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	221.878	+	4.042
=	225.92

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	222.406	+	4.635
=	227.041

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

Enerpac Tool Group (STU:PW9) Effective Interest Rate on Debt % Explanation

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

Enerpac Tool Group Effective Interest Rate on Debt % Related Terms

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Enerpac Tool Group (STU:PW9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enerpac Tool Group Corp (STU:PW9) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

EPAC:USA PW9:Germany

Address

N86 W12500 Westbrook Crossing, Menomonee Falls, WI, USA, 53051

Website

https://www.enerpactoolgroup.com

Enerpac Tool Group, previously known as Actuant, provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company operates through two segments: industrial tools and services and other. It categorizes its revenue into two parts: product sales and services, which include manpower services and rentals. Product sales is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, Asia, Australia, Europe, Middle East, and other areas. The U.S. makes up the largest contribution to the company's total revenue.

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