Live Ventures (Live Ventures) Effective Interest Rate on Debt % : 6.67% (As of Dec. 2023)

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What is Live Ventures 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. Live Ventures's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $16.7 Mil. Live Ventures's average total debt for the quarter that ended in Dec. 2023 was $249.6 Mil. Therefore, Live Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.67%.

Live Ventures Effective Interest Rate on Debt % Historical Data

The historical data trend for Live Ventures'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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Live Ventures Effective Interest Rate on Debt % Chart

Live Ventures Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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9.08

5.95

4.95

3.54

6.56

Live Ventures 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															5.62	7.15	6.66	7.08	6.67

Competitive Comparison of Live Ventures's Effective Interest Rate on Debt %

For the Home Improvement Retail subindustry, Live Ventures'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.

Live Ventures's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

Live Ventures Effective Interest Rate on Debt % Calculation

Live Ventures'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 * -12.741	/	( (143.657	+	244.525)	/ 2 )
=	-1 * -12.741	/	194.091
=	6.56 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	114.654	+	29.003
=	143.657

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	205.72	+	38.805
=	244.525

Live Ventures'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 * -16.652	/	( (244.525	+	254.603)	/ 2 )
=	-1 * -16.652	/	249.564
=	6.67 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	205.72	+	38.805
=	244.525

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	216.22	+	38.383
=	254.603

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.

Live Ventures (NAS:LIVE) Effective Interest Rate on Debt % Explanation

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

Live Ventures Effective Interest Rate on Debt % Related Terms

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Live Ventures (Live Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Live Ventures Inc (NAS:LIVE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

UYXP:Germany

Address

325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119

Website

https://www.liveventures.com

Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.

Executives

John Isaac	director, 10 percent owner	501 W. BROADWAY, SUITE A212, SAN DIEGO CA 92101
Dennis Gao	director	325 E. WARM SPRINGS ROAD, SUITE 102, LAS VEGAS NV 89119
David Lee Verret	officer: Chief Accounting Officer	5900 COPPER CANYON DR., THE COLONY TX 75056
Michael Jason Stein	officer: Sr. VP, General Counsel	325 E WARM SPRINGS ROAD, LAS VEGAS NV 89119
Rodney Dale Spriggs	officer: CEO, Vintage Stock, Inc.	3703 RED FOX RUN, JOPLIN MO 64804
Eric Adam Althofer	officer: COO	7707 DEERFIELD MANOR DR, CHARLOTTE NC 28270
Thomas Robert Sedlak	officer: CEO Precision Industries, Inc.	87 PORTER HILL ROAD, WASHINGTON PA 15301
Godfrey Weston A Jr	officer: CEO, Marquis Industries, Inc.	PO BOX 1308, CHATSWORTH GA 30705
Virland A Johnson	officer: Chief Financial Officer	20488 N 86 LANE, PEORIA AZ 85382
Richard Butler	director	4840 EAST JASMINE ST., SUITE 105, MESA AZ 85205
Tyler Sickmeyer	director	1440 HOTEL CIRCLE NORTH, #423, SAN DIEGO CA 92108
Isaac Capital Group, Llc	10 percent owner	501 W. BROADWAY, #A212, SAN DIEGO CA 92101
Clarke Thomas J Jr	director	11534 VILLA VASARI, PALM BEACH GARDENS FL 33418
Antonios Isaac	director	3525 DEL MAR HEIGHTS RD., #765, SAN DIEGO CA 92130
John Kocmur	director, 10 percent owner	2490 EAST SUNSET ROAD, SUITE 100, LAS VEGAS NV 89120