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Burberry Group (Burberry Group) Effective Interest Rate on Debt % : 3.06% (As of Sep. 2023)


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What is Burberry 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. Burberry Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $57 Mil. Burberry Group's average total debt for the quarter that ended in Sep. 2023 was $1,861 Mil. Therefore, Burberry Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.06%.


Burberry Group Effective Interest Rate on Debt % Historical Data

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

Burberry Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 3.38 2.32 2.19 2.46

Burberry Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.15 2.22 2.04 2.90 3.06

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

For the Luxury Goods subindustry, Burberry 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.


Burberry Group's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Burberry Group's Effective Interest Rate on Debt % distribution charts can be found below:

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



Burberry Group Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -44.903/( (1845.85+1803.398)/ 2 )
=-1  *  -44.903/1824.624
=2.46 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1511.199 + 334.651
=1845.85

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1456.311 + 347.087
=1803.398

Burberry Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -56.93/( (1803.398+1918.317)/ 2 )
=-1  *  -56.93/1860.8575
=3.06 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1456.311 + 347.087
=1803.398

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1511.139 + 407.178
=1918.317

* 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 two times the semi-annual (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Burberry Group  (OTCPK:BURBY) Effective Interest Rate on Debt % Explanation

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


Burberry Group Effective Interest Rate on Debt % Related Terms

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Burberry Group (Burberry Group) Business Description

Traded in Other Exchanges
Address
Horseferry Road, Horseferry House, London, GBR, SW1P 2AW
Burberry, a British luxury monobrand, which is more than 160 years old, is best known for its outerwear and signature plaid. It has a global presence with 32% of revenue generated in Europe, 42% in Asia, and 25% in North America. Apparel contributes about 62% of sales.

Burberry Group (Burberry Group) Headlines

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