What is Big Lots 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. Big Lots's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $43 Mil. Big Lots's average total debt for the quarter that ended in Jan. 2024 was $2,358 Mil. Therefore, Big Lots's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.84%.
Big Lots Effective Interest Rate on Debt % Historical Data
The historical data trend for Big Lots'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.
Competitive Comparison of Big Lots's Effective Interest Rate on Debt %
For the Discount Stores subindustry, Big Lots'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.
Big Lots's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Big Lots's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Big Lots's Effective Interest Rate on Debt % falls into.
Big Lots Effective Interest Rate on Debt % Calculation
Big Lots's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as
* 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.
Big Lots (NYSE:BIG) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Big Lots Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Big Lots's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.
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