GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versum Materials Inc (NYSE:VSM) » Definitions » Effective Interest Rate on Debt %

Versum Materials (Versum Materials) Effective Interest Rate on Debt % : 5.32% (As of Jun. 2019)


View and export this data going back to 2016. Start your Free Trial

What is Versum Materials 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. Versum Materials's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was $52 Mil. Versum Materials's average total debt for the quarter that ended in Jun. 2019 was $978 Mil. Therefore, Versum Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 5.32%.


Versum Materials Effective Interest Rate on Debt % Historical Data

The historical data trend for Versum Materials'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.

* Premium members only.

Versum Materials Effective Interest Rate on Debt % Chart

Versum Materials Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.88 1.96 0.04 4.81 4.92

Versum Materials Quarterly Data
Sep13 Sep14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 5.09 5.14 5.23 5.40 5.32

Competitive Comparison of Versum Materials's Effective Interest Rate on Debt %

For the Chemicals subindustry, Versum Materials'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.


Versum Materials's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Versum Materials's Effective Interest Rate on Debt % distribution charts can be found below:

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



Versum Materials Effective Interest Rate on Debt % Calculation

Versum Materials's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2017 )+Total Debt  (A: Sep. 2018 ))/ count )
=-1  *  -48.3/( (982.8+980)/ 2 )
=-1  *  -48.3/981.4
=4.92 %

where

Versum Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2019 )+Total Debt  (Q: Jun. 2019 ))/ count )
=-1  *  -52/( (978.3+977)/ 2 )
=-1  *  -52/977.65
=5.32 %

where

Total Debt  (Q: Mar. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=972.2 + 6.1
=978.3

* 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 (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Versum Materials  (NYSE:VSM) Effective Interest Rate on Debt % Explanation

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


Versum Materials Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Versum Materials's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Versum Materials (Versum Materials) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8555 South River Parkway, Tempe, AZ, USA, 85284
Versum Materials is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets. It supplies specialty chemicals and materials, high-purity specialty gases, proprietary delivery systems, and related services. The semiconductor industry accounts for 85% of sales. Versum generated fiscal 2017 revenue and adjusted EBIT of $1,127 million and $326 million, respectively. Versum employs almost 2,000 and serves 250 customers from its global network of 14 production sites and six R&D facilities.
Executives
Alejandro Daniel Wolff director ALBEMARLE CORP., 451 FLORIDA ST, BATON ROUGE LA 70801
Seifi Ghasemi director 100 OVERLOOK CENTER, PRINCETON NJ 08540
Guillermo Novo director, officer: President and CEO AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Yi Hyon Paik director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Jacques M Croisetiere director C/O MORTON INTERNATIONAL INC, 100 N RIVERSIDE PLZ, CHICAGO IL 60606

Versum Materials (Versum Materials) Headlines

From GuruFocus

Keeley Funds' Mid Cap Dividend Value Fund 1st Quarter Commentary

By Holly LaFon Holly LaFon 04-17-2019

Keeley Funds Comments on Versum Materials

By Holly LaFon Holly LaFon 04-18-2019

Keeley Funds Comments on Versum Materials

By Holly LaFon Holly LaFon 10-24-2017