Pool (POOL) Effective Interest Rate on Debt % : 4.04% (As of Mar. 2024)

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What is Pool 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. Pool's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $54 Mil. Pool's average total debt for the quarter that ended in Mar. 2024 was $1,329 Mil. Therefore, Pool's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.04%.

Pool Effective Interest Rate on Debt % Historical Data

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

Pool Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.50

1.88

0.84

2.65

3.86

Pool 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															3.83	4.34	3.88	3.59	4.04

Competitive Comparison of Pool's Effective Interest Rate on Debt %

For the Industrial Distribution subindustry, Pool'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.

Pool's Effective Interest Rate on Debt % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Pool's Effective Interest Rate on Debt % distribution charts can be found below:

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

Pool Effective Interest Rate on Debt % Calculation

Pool'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 * -58.431	/	( (1660.825	+	1364.484)	/ 2 )
=	-1 * -58.431	/	1512.6545
=	3.86 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1560.299	+	100.526
=	1660.825

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1237.066	+	127.418
=	1364.484

Pool'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 * -53.676	/	( (1364.484	+	1294.069)	/ 2 )
=	-1 * -53.676	/	1329.2765
=	4.04 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1237.066	+	127.418
=	1364.484

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1165.252	+	128.817
=	1294.069

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.

Pool (NAS:POOL) Effective Interest Rate on Debt % Explanation

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

Pool Effective Interest Rate on Debt % Related Terms

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Pool (POOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Pool Corp (NAS:POOL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

POOL:Mexico SP1:Germany SP1:Germany

Address

109 Northpark Boulevard, Covington, LA, USA, 70433-5001

Website

https://www.poolcorp.com

Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies.

Executives

Kristopher Robert Neff	officer: Vice President, Strategy & Cor	429 HAMPTON TERRACE, LIBERTYVILLE IL 60048
Jennifer M Neil	officer: Secretary	SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Walker Saik	officer: Corporate Controller	5202 CHESTNUT ST, NEW ORLEANS LA 70115
Ilya Mihaly	officer: Vice President - Operations &	10703 BEAGLE RUN PL, TAMPA FL 33626
James D Hope	director	1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Hart Melanie Housey	officer: Chief Accounting Officer	POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Carlos A. Sabater	director	1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Peter D Arvan	officer: EXECUTIVE VICE PRESIDENT	2537 ST. JAMES DRIVE, UNIT 507, SOUTHPORT NC 28461
Martha S Gervasi	director	610 BOWSPRIT LANE, LONGBOAT KEY FL 34228
Perez De La Mesa Manuel J	director, officer: President/CEO
Robert C Sledd	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Mark W Joslin	officer: Chief Financial Officer	SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
St Romain Kenneth G	officer: Group Vice President	POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
David B. Collier	officer: VP OPERATIONS & SUPPLY CHAIN	720 EVENING STAR LN, CASTLE ROCK CO 80108
Arthur D Cook	officer: Vice President