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Piperndler Cos (Piperndler Cos) Effective Interest Rate on Debt % : 4.41% (As of Dec. 2023)


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What is Piperndler Cos 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. Piperndler Cos's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $9 Mil. Piperndler Cos's average total debt for the quarter that ended in Dec. 2023 was $214 Mil. Therefore, Piperndler Cos's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.41%.


Piperndler Cos Effective Interest Rate on Debt % Historical Data

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

Piperndler Cos 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 7.07 5.01 4.22 4.22 5.09

Piperndler Cos 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 4.53 4.56 4.17 4.41 3.37

Competitive Comparison of Piperndler Cos's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Piperndler Cos'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.


Piperndler Cos's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Piperndler Cos's Effective Interest Rate on Debt % distribution charts can be found below:

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



Piperndler Cos Effective Interest Rate on Debt % Calculation

Piperndler Cos'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  *  -10.146/( (234.771+164.164)/ 2 )
=-1  *  -10.146/199.4675
=5.09 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=234.771 + 0
=234.771

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=134.164 + 30
=164.164

Piperndler Cos'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  *  -9.424/( (263.048+164.164)/ 2 )
=-1  *  -9.424/213.606
=4.41 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=263.048 + 0
=263.048

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=134.164 + 30
=164.164

* 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.


Piperndler Cos  (NYSE:PIPR) Effective Interest Rate on Debt % Explanation

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


Piperndler Cos Effective Interest Rate on Debt % Related Terms

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Piperndler Cos (Piperndler Cos) Business Description

Traded in Other Exchanges
Address
800 Nicollet Mall, Suite 900, Minneapolis, MN, USA, 55402
Piper Sandler Cos is an investment banking company. Investment banking services include financial advisory services, management of and participation in underwriting, and public finance activities. It generates maximum revenue from Advisory services followed by Equity financing. The company focuses on the following sectors: healthcare; energy; consumer; diversified industrials and services; business services; technology; financial services; agriculture, clean technologies, and renewables, focusing on middle-market clients.
Executives
Debbra L. Schoneman officer: Chief Financial Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Chad R Abraham officer: Co-Head Global IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jonathan J Doyle director, officer: Hd of Financial Services Group 800 NICOLLET MALL, MINNEAPOLIS MN 55402
John W Geelan officer: General Counsel 800 NICOLLET MALL, SUITE 800, MINNEAPOLIS MN 55402
Robbin Mitchell director W56 N17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Michael R Dillahunt officer: Global Co-Head IB and Cap Mkts 800 NICOLLET MALL, SUITE 900, MINNEAPOLIS MN 55402
R Scott Larue officer: Co-Head Global IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Brian R Sterling director 800 NICOLLET MALL, SUITE 900, MINNEAPOLIS MN 55402
Timothy L Carter officer: Chief Accounting Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Victoria M Holt director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
James P Baker officer: Global Co-Head IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Schreier Thomas S Jr director C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
Fairman Francis E Iv officer: Head, Public Finance Services 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew S Duff director, officer: Chairman and CEO 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Christopher D Crawshaw officer: Head of Asset Management 800 NICOLLET MALL, MINNEAPOLIS MN 55402