Univar Solutions (Univar Solutions) Effective Interest Rate on Debt % : 5.42% (As of Jun. 2023)

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What is Univar Solutions 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. Univar Solutions's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $135 Mil. Univar Solutions's average total debt for the quarter that ended in Jun. 2023 was $2,495 Mil. Therefore, Univar Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 5.42%.

Univar Solutions Effective Interest Rate on Debt % Historical Data

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

Univar Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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5.14

5.60

4.03

3.87

4.20

Univar Solutions Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.89	4.39	5.11	5.10	5.42

Competitive Comparison of Univar Solutions's Effective Interest Rate on Debt %

For the Chemicals subindustry, Univar Solutions'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.

Univar Solutions's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Univar Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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

Univar Solutions Effective Interest Rate on Debt % Calculation

Univar Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -107.2	/	( (2436.2	+	2673.2)	/ 2 )
=	-1 * -107.2	/	2554.7
=	4.20 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2349	+	87.2
=	2436.2

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2591.3	+	81.9
=	2673.2

Univar Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -135.2	/	( (2532.2	+	2457.8)	/ 2 )
=	-1 * -135.2	/	2495
=	5.42 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2490.4	+	41.8
=	2532.2

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2408.8	+	49
=	2457.8

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

Univar Solutions (NYSE:UNVR) Effective Interest Rate on Debt % Explanation

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

Univar Solutions Effective Interest Rate on Debt % Related Terms

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Univar Solutions (Univar Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Univar Solutions Inc (NYSE:UNVR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3075 Highland Parkway, Suite 200, Downers Grove, IL, USA, 60515

Website

https://www.univarsolutions.com

Univar Solutions Inc is distributor of commodity and specialty chemicals and ingredients, as well as a provider of value-added services, to customers across a wide range of diverse industries.. The company sells chemicals to a variety of end-users including customers in the food ingredients, beauty and personal care, pharmaceutical ingredients & finished products, CASE, chemical manufacturing, homecare and industrial cleaning and mining. The company organizes itself into four segments based on geography: the United States; Canada; Europe and the Middle East and Africa; and the rest of the world. The majority of revenue comes from the United States.

Executives

Varun Laroyia	director	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
James B Holcomb	officer: SVP, President North America	3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Nicholas W Alexos	officer: EVP, CFO	C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Nicholas Powell	officer: President, EMEA & APAC	3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Pat Jerding	officer: SVP, Chief Information Officer	3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Stephen D Newlin	director	22 W FRONTAGE ROAD, NORTHFIELD IL 60093
Christopher D Pappas	director	C/O 76 SOUTH MAIN STREET, AKRON OH 44308
David Jukes	director, officer: President and CEO	3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Kelly O'hanlon	officer: Principal Accounting Officer	3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jennifer Mcintyre	officer: SVP, Chief Integration Officer	3075 HIGHLAND PARKWAY, 200, DOWNERS GROVE IL 60515
Jonathan Webster	officer: SVP, Chief Streamline Officer	3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Richard P Fox	director
Noelle J Perkins	officer: SVP, General Counsel Secretary	3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE TX 60515
William S Stavropoulos	director
Joan A. Braca	director	1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110