Oshkosh (Oshkosh) Effective Interest Rate on Debt % : 8.90% (As of Mar. 2024)

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What is Oshkosh 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. Oshkosh's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $90 Mil. Oshkosh's average total debt for the quarter that ended in Mar. 2024 was $1,006 Mil. Therefore, Oshkosh's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.90%.

Oshkosh Effective Interest Rate on Debt % Historical Data

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

Oshkosh Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.65

7.22

5.87

7.50

9.96

Oshkosh Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.92	8.91	9.22	9.51	8.90

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

For the Farm & Heavy Construction Machinery subindustry, Oshkosh'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.

Oshkosh's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Oshkosh's Effective Interest Rate on Debt % distribution charts can be found below:

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

Oshkosh Effective Interest Rate on Debt % Calculation

Oshkosh'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 * -68.6	/	( (604.7	+	772.5)	/ 2 )
=	-1 * -68.6	/	688.6
=	9.96 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	595	+	9.7
=	604.7

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	597.5	+	175
=	772.5

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -89.6	/	( (772.5	+	1239.9)	/ 2 )
=	-1 * -89.6	/	1006.2
=	8.90 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	597.5	+	175
=	772.5

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	598.9	+	641
=	1239.9

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

Oshkosh (NYSE:OSK) Effective Interest Rate on Debt % Explanation

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

Oshkosh Effective Interest Rate on Debt % Related Terms

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Oshkosh (Oshkosh) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Oshkosh Corp (NYSE:OSK) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

OK3:Germany

Address

1917 Four Wheel Drive, Oshkosh, WI, USA, 54902

Website

https://www.oshkoshcorp.com

Oshkosh is the top producer of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. In recent years, the company has manufactured joint light tactical vehicles, or JLTV, for the U.S. Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing its U.S. Postal Service contract into focus, which calls for the electrification of U.S. postal vehicles. The company reports four segments—access equipment (48% of revenue), defense (26%), fire and emergency (13%), and commercial (13%)—and generated $8.3 billion in revenue in 2022.

Executives

Bryan K Brandt	officer: SVP & Chief Marketing Officer	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
James W. Johnson	officer: Exec. VP & Pres., Fire & Emerg	C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
John S Verich	officer: SVP and Treasurer	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Michael E Pack	officer: Exec. VP and CFO	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Frank R. Nerenhausen	officer: EVP & Pres. Commercial Segment	C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jason P Baab	officer: SVP, Corp. Develop. & Strategy	8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Timothy S Bleck	officer: SVP & Pres. Defense Segment	1917 FOUR WHEEL DR, OSHKOSH WI 54902
David G Perkins	director	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Thomas P Hawkins	officer: SVP, Government Relations	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jayanthi Iyengar	officer: EVP, Chief Tech & Strategic	C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
John J Bryant	officer: SVP and Pres, Defense Segment	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Douglas Lee Davis	director	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
James C Freeders	officer: Senior VP and Controller	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Bradley M. Nelson	officer: SVP & Pres. Commercial Segment	C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54903-2566
Anupam Khare	officer: SVP/Chief Information Officer	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902