Bunzl (BZLFY) Effective Interest Rate on Debt % : 5.02% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Bunzl 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. Bunzl's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $194 Mil. Bunzl's average total debt for the quarter that ended in Dec. 2023 was $3,862 Mil. Therefore, Bunzl's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.02%.

Bunzl Effective Interest Rate on Debt % Historical Data

The historical data trend for Bunzl'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.

Bunzl Effective Interest Rate on Debt % Chart

Bunzl Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.17

2.85

2.40

2.77

4.52

Bunzl Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.41	2.35	3.29	4.06	5.02

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

For the Food Distribution subindustry, Bunzl'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.

Bunzl's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

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

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

Bunzl Effective Interest Rate on Debt % Calculation

Bunzl'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 * -174.557	/	( (3813.399	+	3906.076)	/ 2 )
=	-1 * -174.557	/	3859.7375
=	4.52 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2433.618	+	1379.781
=	3813.399

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2442.405	+	1463.671
=	3906.076

Bunzl'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -193.924	/	( (3817.677	+	3906.076)	/ 2 )
=	-1 * -193.924	/	3861.8765
=	5.02 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2344.192	+	1473.485
=	3817.677

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2442.405	+	1463.671
=	3906.076

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bunzl (OTCPK:BZLFY) Effective Interest Rate on Debt % Explanation

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

Bunzl Effective Interest Rate on Debt % Related Terms

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

Bunzl (BZLFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bunzl PLC (OTCPK:BZLFY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BZLFF:USA BNZLl:UK BNZL:UK BUZ1:Germany

Address

45 Seymour Street, York House, London, GBR, W1H 7JT

Website

https://www.bunzl.com

Bunzl PLC is a global distributor of nonfood consumables, including disposable cutlery, cleaning products, and personal protective equipment. The company's geographical segment includes North America; Continental Europe; UK and Ireland and Rest of the World. It derives a majority of its revenue from Foodservice sector.