GWAXY (GWA Group) Effective Interest Rate on Debt % : 3.25% (As of Jun. 2024)

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What is GWA Group 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. GWA Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $4.0 Mil. GWA Group's average total debt for the quarter that ended in Jun. 2024 was $123.3 Mil. Therefore, GWA Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 3.25%.

GWA Group Effective Interest Rate on Debt % Historical Data

The historical data trend for GWA Group'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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GWA Group Effective Interest Rate on Debt % Chart

GWA Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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2.85

2.42

2.10

2.92

3.63

GWA Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.91	3.47	2.14	4.21	3.25

Competitive Comparison of GWA Group's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, GWA Group'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.

GWA Group's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, GWA Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

GWA Group Effective Interest Rate on Debt % Calculation

GWA Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -4.799	/	( (142.661	+	121.389)	/ 2 )
=	-1 * -4.799	/	132.025
=	3.63 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	111.313	+	31.348
=	142.661

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	90.226	+	31.163
=	121.389

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -4.002	/	( (125.181	+	121.389)	/ 2 )
=	-1 * -4.002	/	123.285
=	3.25 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94.015	+	31.166
=	125.181

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	90.226	+	31.163
=	121.389

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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

GWA Group (OTCPK:GWAXY) Effective Interest Rate on Debt % Explanation

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

GWA Group Effective Interest Rate on Debt % Related Terms

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GWA Group Business Description

Industry

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GWA:Australia

Address

188 Holt Street, Building 3B, Pinkenba, Brisbane, QLD, AUS, 4008

Website

https://www.gwagroup.com.au

GWA Group Ltd is an Australian designer of sanitary-ware and bathroom fittings, having undergone a divestment program to focus solely on front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying the long history and high brand awareness in the Australian market. It has one reportable segment: Water Solutions. This segment includes the sale of vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products and bathroom accessories.