What is Tutor Perini 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. Tutor Perini's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $81 Mil. Tutor Perini's average total debt for the quarter that ended in Sep. 2024 was $679 Mil. Therefore, Tutor Perini's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 11.90%.
Tutor Perini Effective Interest Rate on Debt % Historical Data
The historical data trend for Tutor Perini'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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Tutor Perini Effective Interest Rate on Debt % Chart
Competitive Comparison of Tutor Perini's Effective Interest Rate on Debt %
For the Engineering & Construction subindustry, Tutor Perini'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.
Tutor Perini's Effective Interest Rate on Debt % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Tutor Perini's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Tutor Perini's Effective Interest Rate on Debt % falls into.
Tutor Perini Effective Interest Rate on Debt % Calculation
Tutor Perini's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Tutor Perini (NYSE:TPC) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Tutor Perini Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Tutor Perini's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. It plans and schedules the manpower, equipment, materials, and subcontractors required for a project. Tutor Perini has three operating segments: civil, building, and specialty contractors and generates majority revenue from civil segment. The company offers self-performed construction services, including site work, concrete forming, steel erection, electrical, mechanical, and heating, ventilation, and air conditioning, or HVAC. The majority of its total revenue is derived from the United States.
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