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Con-way (Con-way) Effective Interest Rate on Debt % : 7.16% (As of Jun. 2015)


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What is Con-way 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. Con-way's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was $53 Mil. Con-way's average total debt for the quarter that ended in Jun. 2015 was $739 Mil. Therefore, Con-way's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was 7.16%.


Con-way Effective Interest Rate on Debt % Historical Data

The historical data trend for Con-way'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.

Con-way Effective Interest Rate on Debt % Chart

Con-way Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 6.77 6.93 6.98 7.11

Con-way Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 7.07 7.06 7.12 7.13 7.16

Competitive Comparison of Con-way's Effective Interest Rate on Debt %

For the Trucking subindustry, Con-way'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.


Con-way's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Con-way's Effective Interest Rate on Debt % distribution charts can be found below:

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



Con-way Effective Interest Rate on Debt % Calculation

Con-way's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -53.456/( (756.613+746.289)/ 2 )
=-1  *  -53.456/751.451
=7.11 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=735.34 + 21.273
=756.613

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=729.89 + 16.399
=746.289

Con-way's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2015 )+Total Debt  (Q: Jun. 2015 ))/ count )
=-1  *  -52.884/( (744.267+733.461)/ 2 )
=-1  *  -52.884/738.864
=7.16 %

where

Total Debt  (Q: Mar. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=729.107 + 15.16
=744.267

Total Debt  (Q: Jun. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=728.192 + 5.269
=733.461

* 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 (Jun. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Con-way  (NYSE:CNW) Effective Interest Rate on Debt % Explanation

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


Con-way Effective Interest Rate on Debt % Related Terms

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Con-way (Con-way) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Con-way Inc was incorporated in Delaware in 1958. The Company and its subsidiaries provide transportation, logistics and supply-chain management services to various manufacturing, industrial and retail customers. Its business units operate in regional, inter-regional and transcontinental less-than-truckload and full-truckload freight transportation, contract logistics and supply-chain management, multimodal freight brokerage, and trailer manufacturing. The Company operates under three reporting segments: Freight, Logistics and Truckload. The Freight segment consists of the operating results of the Con-way Freight business unit. Con-way Freight is a less-than-truckload motor carrier that utilizes a network of freight service centers to provide day-definite regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. LTL carriers transport shipments from multiple shippers utilizing a network of freight service centers combined with a fleet of linehaul and pickup-and-delivery tractors and trailers. LTL shipments weigh between 100 and 15,000 pounds. In 2013, Con-way Freight's average weight per shipment was 1,334 pounds. The Logistics segment consists of the operating results of the Menlo Worldwide Logistics business unit. Menlo develops contract-logistics solutions, which include managing complex distribution networks, and providing supply-chain engineering and consulting, and multimodal freight brokerage services. Menlo's supply-chain management offerings are mainly related to transportation-management and contract-warehousing services. The Truckload segment consists of the operating results of the Con-way Truckload business unit. Con-way Truckload is a full-truckload motor carrier that utilizes a fleet of tractors and trailers to provide short- and long-haul, asset-based transportation services throughout North America. Con-way Truckload provides dry-van transportation services to manufacturing, industrial and retail customers while using single drivers as well as two-person driver teams over long-haul routes, with each trailer containing only one customer's goods. On average, Con-way Truckload transports shipments more than 800 miles from origin to destination. Under its regional service offering, Con-way Truckload transports truckload shipments between 100 and 600 miles, including local-area service for truckload shipments of less than 100 miles. It competes with regional and national LTL companies, some of which are subsidiaries of integrated transportation service providers, domestic and foreign logistics companies, truckload carriers, railroads and private fleets. The Company is subject to various federal, state and local, as well as foreign, laws and regulations that apply to its business activities.
Executives
John C Pope director 810 S. RIDGE RD, LAKE FOREST IL 60045
Gretchen W Mcclain director XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Phipps Paul Cody director 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Stephen K Krull officer: EVP General Counsel&Secretary CON-WAY INC., 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Wayne Shurts director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Roy W Templin director ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Michael Joseph Morris officer: SVP Finance & Treasurer 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 19034
Matthew J Espe director
Stephen L Bruffett officer: EVP & CFO 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Douglas Stotlar officer: President & CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Herbert J Schmidt officer: Executive Vice President 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
William R Corbin director CON-WAY INC., 2211 OLD EARHART ROAD, ANN ARBOR MI 48105
Jennifer Pileggi officer: EVP, General Counsel & Sec CNF INC., 2855 CAMPUS DRIVE, SAN MATEO CA 94403
Robert Paul Wayman director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
John H Williford officer: Senior VP STEUART TOWER, 1 MARKET PLAZA, SUITE 900, SAN FRANCISCO CA 94105