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Janus International Group (Janus International Group) Effective Interest Rate on Debt % : 9.29% (As of Mar. 2024)


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What is Janus International 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. Janus International Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $58 Mil. Janus International Group's average total debt for the quarter that ended in Mar. 2024 was $620 Mil. Therefore, Janus International Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.29%.


Janus International Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Janus International 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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Janus International Group Effective Interest Rate on Debt % Chart

Janus International Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
5.77 4.90 5.87 9.00

Janus International Group Quarterly Data
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 9.29 8.92 9.03 9.47 9.29

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

For the Building Products & Equipment subindustry, Janus International 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.


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

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

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



Janus International Group Effective Interest Rate on Debt % Calculation

Janus International Group'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  *  -60/( (713.5+620.4)/ 2 )
=-1  *  -60/666.95
=9.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=699.9 + 13.6
=713.5

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=607.7 + 12.7
=620.4

Janus International Group'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  *  -57.6/( (620.4+619.2)/ 2 )
=-1  *  -57.6/619.8
=9.29 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=607.7 + 12.7
=620.4

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=606.4 + 12.8
=619.2

* 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.


Janus International Group  (NYSE:JBI) Effective Interest Rate on Debt % Explanation

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


Janus International Group Effective Interest Rate on Debt % Related Terms

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Janus International Group (Janus International Group) Business Description

Traded in Other Exchanges
N/A
Address
135 Janus International Boulevard, Temple, GA, USA, 30179
Janus International Group Inc is a manufacturer and supplier of turnkey solutions for self-storage, commercial, and industrial building Solutions. The company provides products that include roll-up and swing doors, hallway systems, relocatable storage MASS (Moveable Additional Storage Structures) units, and technologies for automating facility and door operation. The company focuses on two primary markets, providing building solutions to the self-storage industry and the broader commercial industrial market. It is operated through two geographic regions; Janus North America and Janus International.
Executives
Ramey Pierce Jackson director, officer: Chief Executive Officer C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Norman V Nettie officer: See Remarks C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Morgan Hodges officer: Executive Vice President C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Clearlake Capital Group, L.p. director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Behdad Eghbali director, 10 percent owner 233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
David Vanevenhoven officer: Chief Accounting Officer 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Elliot Housman Kahler officer: General Counsel 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Alessandro Araldi officer: See Remarks 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Rebecca Castillo officer: See Remarks C/O JANUS INTERNATIONAL GROUP, INC., 135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Heather Harding director LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Anselm Wong officer: See Remarks 135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Roger Fradin director C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Brian Scott Cook director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Leonard Colin director 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Xavier A Gutierrez director 9550 FIRESTONE BOULEVARD, SUITE 105, DOWNEY CA 90241