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Clearwater Paper (Clearwater Paper) Effective Interest Rate on Debt % : 5.72% (As of Mar. 2024)


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What is Clearwater Paper 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. Clearwater Paper's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $27 Mil. Clearwater Paper's average total debt for the quarter that ended in Mar. 2024 was $469 Mil. Therefore, Clearwater Paper's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.72%.


Clearwater Paper Effective Interest Rate on Debt % Historical Data

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

Clearwater Paper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 5.18 5.07 5.53 5.89

Clearwater Paper 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 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 5.25 5.24 5.10 6.42 5.72

Competitive Comparison of Clearwater Paper's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, Clearwater Paper'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.


Clearwater Paper's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Clearwater Paper's Effective Interest Rate on Debt % distribution charts can be found below:

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



Clearwater Paper Effective Interest Rate on Debt % Calculation

Clearwater Paper'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  *  -31.1/( (577.8+478.5)/ 2 )
=-1  *  -31.1/528.15
=5.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=564.9 + 12.9
=577.8

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=462.3 + 16.2
=478.5

Clearwater Paper'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  *  -26.8/( (478.5+458.7)/ 2 )
=-1  *  -26.8/468.6
=5.72 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=462.3 + 16.2
=478.5

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=442.3 + 16.4
=458.7

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


Clearwater Paper  (NYSE:CLW) Effective Interest Rate on Debt % Explanation

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


Clearwater Paper Effective Interest Rate on Debt % Related Terms

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Clearwater Paper (Clearwater Paper) Business Description

Traded in Other Exchanges
Address
601 West Riverside, Suite 1100, Spokane, WA, USA, 99201
Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely the consumer products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. The pulp and paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from Pulp and Paperboard segment. Geographically, it derives maximum revenue from the United States.
Executives
Sherri Baker officer: SVP, CFO 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Michael S Gadd officer: Vice President 601 W FIRST AVE., SUITE 1600, SPOKANE WA 99201
Rebecca Anne Barckley officer: VP, Controller 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Michael John Murphy officer: Sr. VP, Finance and CFO KAPSTONE PAPER AND PACKAGING CORPORATION, 1101 SKOKIE BLVD., STE. 300, NORTHBROOK IL 60062
Kari G. Moyes officer: SVP, HR 601 WEST RIVERSIDE AVENUE, SUITE 1100, SPOKANE WA 99201
Steve M Bowden officer: Senior Vice President 601 WEST RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Jeanne M Hillman director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Michael J Urlick officer: Sr. VP, GM, CPD 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Vickers Tucker Christine M. director 601 W RIVERSIDE AVE. SUITE 1100, SPOKANE WA 99201
Ann C Nelson director 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Joanne P. Shufelt officer: SVP, GM, CPD 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Linda K Massman officer: Vice President 601 W. FIRST AVE, SUITE 1600, SPOKANE WA 99201
John J Corkrean director 370 WABASHA STREET NORTH, SAINT PAUL MN 55102
Robert G. Hrivnak officer: Sr. VP, Finance and CFO C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Arsen S. Kitch officer: Vice President 601 WEST RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201