Sainsbury (J) (Sainsbury (J)) Effective Interest Rate on Debt % : 4.84% (As of Feb. 2024)

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What is Sainsbury (J) 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. Sainsbury (J)'s annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $404 Mil. Sainsbury (J)'s average total debt for the quarter that ended in Feb. 2024 was $8,345 Mil. Therefore, Sainsbury (J)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 4.84%.

Sainsbury (J) Effective Interest Rate on Debt % Historical Data

The historical data trend for Sainsbury (J)'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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Sainsbury (J) Effective Interest Rate on Debt % Chart

Sainsbury (J) Annual Data

Trend

Mar14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

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8.08

5.30

5.18

4.43

4.01

Sainsbury (J) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Feb23	Aug23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.79	3.96	4.00	5.25	4.84

Competitive Comparison of Sainsbury (J)'s Effective Interest Rate on Debt %

For the Grocery Stores subindustry, Sainsbury (J)'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.

Sainsbury (J)'s Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Sainsbury (J)'s Effective Interest Rate on Debt % falls into.

Sainsbury (J) Effective Interest Rate on Debt % Calculation

Sainsbury (J)'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -373.188	/	( (9989.174	+	8629.227)	/ 2 )
=	-1 * -373.188	/	9309.2005
=	4.01 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9204.33	+	784.844
=	9989.174

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6713.768	+	1915.459
=	8629.227

Sainsbury (J)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -404.04	/	( (8420.585	+	8268.939)	/ 2 )
=	-1 * -404.04	/	8344.762
=	4.84 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7738.247	+	682.338
=	8420.585

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7536.616	+	732.323
=	8268.939

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 (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sainsbury (J) (OTCPK:JSAIY) Effective Interest Rate on Debt % Explanation

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

Sainsbury (J) Effective Interest Rate on Debt % Related Terms

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Sainsbury (J) (Sainsbury (J)) Business Description

Industry

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

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JSNSF:USA SBRYl:UK SBRY:UK SUY1:Germany

Address

33 Holborn, London, GBR, EC1N 2HT

Website

https://www.about.sainsburys.co.uk

Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion. It has been selling products online since 1997.

Sainsbury (J) (Sainsbury (J)) Headlines

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