Triumph Group (FRA:TG7) Effective Interest Rate on Debt % : 7.80% (As of Dec. 2023)

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What is Triumph 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. Triumph Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €119 Mil. Triumph Group's average total debt for the quarter that ended in Dec. 2023 was €1,525 Mil. Therefore, Triumph Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.80%.

Triumph Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Triumph 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.

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Triumph Group Effective Interest Rate on Debt % Chart

Triumph Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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8.17

7.33

8.54

7.87

8.41

Triumph Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.44	13.06	9.07	8.67	7.80

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

For the Aerospace & Defense subindustry, Triumph 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.

Triumph Group's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Triumph Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Triumph Group Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -128.625	/	( (1460.725	+	1596.944)	/ 2 )
=	-1 * -128.625	/	1528.8345
=	8.41 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1452.021	+	8.704
=	1460.725

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1590.844	+	6.1
=	1596.944

Triumph 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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -118.912	/	( (1554.574	+	1495.767)	/ 2 )
=	-1 * -118.912	/	1525.1705
=	7.80 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1551.662	+	2.912
=	1554.574

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1492.702	+	3.065
=	1495.767

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Triumph Group (FRA:TG7) Effective Interest Rate on Debt % Explanation

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

Triumph Group Effective Interest Rate on Debt % Related Terms

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Triumph Group (FRA:TG7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Triumph Group Inc (FRA:TG7) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

TGI:USA

Address

555 E Lancaster Avenue, Suite 400, Radnor, PA, USA, 19087

Website

https://www.triumphgroup.com

Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.

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