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Diversey Holdings (Diversey Holdings) Effective Interest Rate on Debt % : 5.42% (As of Mar. 2023)


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What is Diversey Holdings 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. Diversey Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $113 Mil. Diversey Holdings's average total debt for the quarter that ended in Mar. 2023 was $2,080 Mil. Therefore, Diversey Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 5.42%.


Diversey Holdings Effective Interest Rate on Debt % Historical Data

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

Diversey Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- 5.40 4.75 5.21 5.37

Diversey Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 5.81 5.18 4.85 6.60 5.42

Competitive Comparison of Diversey Holdings's Effective Interest Rate on Debt %

For the Personal Services subindustry, Diversey Holdings'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.


Diversey Holdings's Effective Interest Rate on Debt % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Diversey Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Diversey Holdings Effective Interest Rate on Debt % Calculation

Diversey Holdings'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  *  -112/( (2088.5+2084.8)/ 2 )
=-1  *  -112/2086.65
=5.37 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2045.5 + 43
=2088.5

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2053.2 + 31.6
=2084.8

Diversey Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -112.8/( (2084.8+2074.6)/ 2 )
=-1  *  -112.8/2079.7
=5.42 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2053.2 + 31.6
=2084.8

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2048.4 + 26.2
=2074.6

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


Diversey Holdings  (NAS:DSEY) Effective Interest Rate on Debt % Explanation

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


Diversey Holdings Effective Interest Rate on Debt % Related Terms

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Diversey Holdings (Diversey Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1300 Altura Road, Suite 125, Fort Mill, SC, USA, 29708
Diversey Holdings Ltd provides high-performance cleaning, sanitation, and hygiene products for food safety and service, food and beverage plant operations, healthcare, floor care, housekeeping and room care, laundry, and hand care markets. In addition, it offers a wide range of value-added solutions, including food safety and application training and consulting, as well as auditing of hygiene and water management. It has two segments Institutional and Food & Beverage. The company generates maximum revenues from Europe followed by North America, Asia Pacific, Middle East & Africa, and Latin America.
Executives
Emily A. Ashworth director 1025 LAUREL OAK ROAD, VOORHEES NJ 08043
Tracy Long officer: President, North America 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Eric J Foss director
Katherine S Zanotti director 431 E 9TH STREET, HINSDALE IL 60521
Rodney F Hochman director 21919 30TH DR SE, BOTHELL WA 98021
Somer Gundogdu officer: President, Emerging Markets C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Bain Capital Investors Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Partners Europe Iv, L.p. 10 percent owner 200 CLARENDON STREET, BAIN CAPITAL, L.P., BOSTON MA 02116
Bcpe Diamond Cayman Holding Ltd 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Partners Xi, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Susan Bruno Levine director, 10 percent owner C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Robert Michael Farkas director C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Gaetano Redaelli officer: Chief Strtegc Development Ofcr C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Jonathon Penn director C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Sinead Mary Kwant officer: President, Western Europe C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708