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WR Berkley (WR Berkley) Effective Interest Rate on Debt % : 4.49% (As of Dec. 2023)


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What is WR Berkley 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. WR Berkley's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $128 Mil. WR Berkley's average total debt for the quarter that ended in Dec. 2023 was $2,837 Mil. Therefore, WR Berkley's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.49%.


WR Berkley Effective Interest Rate on Debt % Historical Data

The historical data trend for WR Berkley'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.

* Premium members only.

WR Berkley Effective Interest Rate on Debt % Chart

WR Berkley 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 5.67 5.63 4.91 4.27 4.49

WR Berkley 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 4.49 4.49 4.50 4.49 4.47

Competitive Comparison of WR Berkley's Effective Interest Rate on Debt %

For the Insurance - Property & Casualty subindustry, WR Berkley'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.


WR Berkley's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, WR Berkley's Effective Interest Rate on Debt % distribution charts can be found below:

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



WR Berkley Effective Interest Rate on Debt % Calculation

WR Berkley'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  *  -127.459/( (2837.194+2837.041)/ 2 )
=-1  *  -127.459/2837.1175
=4.49 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2831.794 + 5.4
=2837.194

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2831.641 + 5.4
=2837.041

WR Berkley'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  *  -127.516/( (2836.956+2837.041)/ 2 )
=-1  *  -127.516/2836.9985
=4.49 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2836.956 + 0
=2836.956

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2831.641 + 5.4
=2837.041

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


WR Berkley  (NYSE:WRB) Effective Interest Rate on Debt % Explanation

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


WR Berkley Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of WR Berkley's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


WR Berkley (WR Berkley) Business Description

Industry
Traded in Other Exchanges
Address
475 Steamboat Road, Greenwich, CT, USA, 06830
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
Executives
Daniel Lynn Mosley director 475 STEAMBOAT ROAD, GREENWICH CT 06830
Mark Ellwood Brockbank director ROC FLEURI APT C41, 1 RUE DU TENAO, MONTE CARLO O9 98000
Jonathan Talisman director 475 STEAMBOAT ROAD, W R BERKLEY CORPORATION, GREENWICH CT 06830
Philip S Welt officer: EVP & General Counsel W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
James G Shiel officer: Sr.Vice Pres. - Investments C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Leigh Ann Pusey director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Matthew M Ricciardi officer: SVP AND GENERAL COUNSEL W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Ira S Lederman officer: SVP-General Counsel & Sec. 475 STEAMBOAT ROAD, GREENWICH CT 06830
Clement P Patafio officer: V.P.-Corp. Controller C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Christopher L Augostini director C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Eugene G Ballard officer: Sr.V.P.- CFO & Treas. C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Ronald E Blaylock director
Lucille T Sgaglione officer: Senior Vice President C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Jeffrey Marc Hafter officer: SVP W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830

WR Berkley (WR Berkley) Headlines

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