GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Transcontinental Inc (OTCPK:TCLCF) » Definitions » Effective Interest Rate on Debt %

Transcontinental (Transcontinental) Effective Interest Rate on Debt % : 5.19% (As of Jan. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Transcontinental 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. Transcontinental's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $39 Mil. Transcontinental's average total debt for the quarter that ended in Jan. 2024 was $747 Mil. Therefore, Transcontinental's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 5.19%.


Transcontinental Effective Interest Rate on Debt % Historical Data

The historical data trend for Transcontinental'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.

Transcontinental Effective Interest Rate on Debt % Chart

Transcontinental Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.42 3.87 3.67 3.21 5.28

Transcontinental Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.90 5.14 5.27 4.88 5.19

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

For the Packaging & Containers subindustry, Transcontinental'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.


Transcontinental's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transcontinental's Effective Interest Rate on Debt % distribution charts can be found below:

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



Transcontinental Effective Interest Rate on Debt % Calculation

Transcontinental's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2022 )+Total Debt  (A: Oct. 2023 ))/ count )
=-1  *  -42.59/( (840.309+771.587)/ 2 )
=-1  *  -42.59/805.948
=5.28 %

where

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=814.011 + 26.298
=840.309

Total Debt  (A: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=752.917 + 18.67
=771.587

Transcontinental's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -38.74/( (771.587+722.492)/ 2 )
=-1  *  -38.74/747.0395
=5.19 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=752.917 + 18.67
=771.587

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=703.569 + 18.923
=722.492

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Transcontinental  (OTCPK:TCLCF) Effective Interest Rate on Debt % Explanation

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


Transcontinental Effective Interest Rate on Debt % Related Terms

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


Transcontinental (Transcontinental) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, CAN, H3B 0G1
Transcontinental Inc or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions. The smaller other segment focuses on the media sector, which generates revenue from print and digital publishing products.

Transcontinental (Transcontinental) Headlines

From GuruFocus

Transcontinental Is a Solid Performer

By Praveen Chawla 10-13-2021

Transcontinental: A Free Cash Flow and Deleverage Story

By Praveen Chawla Praveen Chawla 08-27-2020

Transcontinental Inc's Dividend Analysis

By GuruFocus Research 01-05-2024