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Stantec (TSX:STN) Effective Interest Rate on Debt % : 7.28% (As of Dec. 2024)


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What is Stantec 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. Stantec's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was C$159 Mil. Stantec's average total debt for the quarter that ended in Dec. 2024 was C$2,187 Mil. Therefore, Stantec's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 7.28%.


Stantec Effective Interest Rate on Debt % Historical Data

The historical data trend for Stantec'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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Stantec Effective Interest Rate on Debt % Chart

Stantec Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.68 2.64 3.67 5.76 6.29

Stantec 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 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 7.44 4.97 4.80 4.52 7.28

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

For the Engineering & Construction subindustry, Stantec'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.


Stantec's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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


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Stantec Effective Interest Rate on Debt % Calculation

Stantec's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -117.8/( (1700.9+2042.8)/ 2 )
=-1  *  -117.8/1871.85
=6.29 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1452 + 248.9
=1700.9

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1737.1 + 305.7
=2042.8

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -159.2/( (2331.2+2042.8)/ 2 )
=-1  *  -159.2/2187
=7.28 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2015.5 + 315.7
=2331.2

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1737.1 + 305.7
=2042.8

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


Stantec  (TSX:STN) Effective Interest Rate on Debt % Explanation

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


Stantec Effective Interest Rate on Debt % Related Terms

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Stantec Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stantec Inc (TSX:STN) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
10220 - 103 Avenue NW, Suite 300, Edmonton, AB, CAN, T5J 0K4
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. It offers services through the following business operating units; Environmental Services, Infrastructure, Water, Buildings, and Energy & Resources. Maximum revenue is derived from its Infrastructure business unit, which is engaged in evaluating, planning, and designing infrastructure solutions for transportation, community development, and urban spaces. The company's reportable segments are the United States, which derives maximum revenue, Canada, and Global. These segments provide consulting in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics services in the area of infrastructure and facilities.
Executives
Shelley Ann Marie Brown Director
Douglas Keith Ammerman Director
Marie-lucie Morin Director
Vito Culmone Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Asifa Samji Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Steve Marvin Fleck Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Robert Gomes Director
Leonardo De Oliveira Castro Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Aloysius Kennedy Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Stuart Lerner Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
John David Take Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Ryan Roberts Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jeffrey Philip Stone Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Bjorn Morisbak Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Paul Jeremy David Alpern Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer