GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Transurban Group (ASX:TCL) » Definitions » Effective Interest Rate on Debt %

Transurban Group (ASX:TCL) Effective Interest Rate on Debt % : 3.91% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Transurban 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. Transurban Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$724 Mil. Transurban Group's average total debt for the quarter that ended in Dec. 2023 was A$18,527 Mil. Therefore, Transurban Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.91%.


Transurban Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Transurban 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.

* Premium members only.

Transurban Group Effective Interest Rate on Debt % Chart

Transurban Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.81 5.11 4.80 4.53 4.76

Transurban Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.61 4.51 5.13 4.48 3.91

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

For the Infrastructure Operations subindustry, Transurban 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.


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

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

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



Transurban Group Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -861/( (17643+18558)/ 2 )
=-1  *  -861/18100.5
=4.76 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16580 + 1063
=17643

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18191 + 367
=18558

Transurban Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -724/( (18558+18495)/ 2 )
=-1  *  -724/18526.5
=3.91 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18191 + 367
=18558

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16828 + 1667
=18495

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Transurban Group  (ASX:TCL) Effective Interest Rate on Debt % Explanation

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


Transurban Group Effective Interest Rate on Debt % Related Terms

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


Transurban Group (ASX:TCL) Business Description

Industry
Traded in Other Exchanges
Address
727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.

Transurban Group (ASX:TCL) Headlines

No Headlines