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Johnson Outdoors (Johnson Outdoors) Effective Interest Rate on Debt % : 0.29% (As of Dec. 2023)


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What is Johnson Outdoors 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. Johnson Outdoors's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.2 Mil. Johnson Outdoors's average total debt for the quarter that ended in Dec. 2023 was $52.9 Mil. Therefore, Johnson Outdoors's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.29%.


Johnson Outdoors Effective Interest Rate on Debt % Historical Data

The historical data trend for Johnson Outdoors'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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Johnson Outdoors Effective Interest Rate on Debt % Chart

Johnson Outdoors Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.34 0.32 0.28 0.28

Johnson Outdoors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.26 0.27 0.28 0.28 0.29

Competitive Comparison of Johnson Outdoors's Effective Interest Rate on Debt %

For the Leisure subindustry, Johnson Outdoors'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.


Johnson Outdoors's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Effective Interest Rate on Debt % distribution charts can be found below:

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



Johnson Outdoors Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -0.152/( (57.903+52.344)/ 2 )
=-1  *  -0.152/55.1235
=0.28 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=50.68 + 7.223
=57.903

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.335 + 7.009
=52.344

Johnson Outdoors'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.152/( (52.344+53.523)/ 2 )
=-1  *  -0.152/52.9335
=0.29 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.335 + 7.009
=52.344

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=46.239 + 7.284
=53.523

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


Johnson Outdoors  (NAS:JOUT) Effective Interest Rate on Debt % Explanation

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


Johnson Outdoors Effective Interest Rate on Debt % Related Terms

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Johnson Outdoors (Johnson Outdoors) Business Description

Traded in Other Exchanges
N/A
Address
555 Main Street, Racine, WI, USA, 53403
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
Executives
David W Johnson officer: VP and Chief Financial Officer C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Jeffrey M Stutz director 855 EAST MAIN, ZEELAND MI 49464
Fahey John M Jr director C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Liliann Annie Zipfel director 555 MAIN STREET, RACINE WI 53403
Paul Garvin Alexander director 2400 MASSACHUSETTS AVENUE, LEXINGTON MA 02421
Pyle Thomas F Jr director 3500 CORBEN COURT, MADISON WI 53704
Edward F Lang director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Terry E London director 100 PIER 1 PLACE, FORT WORTH TX 76102
Richard Case Sheahan director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
William D Perez director
Edward A Stevens director 555 MAIN STREET, RACINE WI 53403
Katherine Button Bell director 10 PICARDY LANE, ST LOUIS MO 63124
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Johnson Leipold Helen P director, 10 percent owner, officer: Chairman and CEO C/OJ/K MANAGEMENT SERVICES INC, 555 MAIN STREET, RACINE WI 53403-1015
Daniel R Tisch 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022

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