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Brinker International (Brinker International) Effective Interest Rate on Debt %

: 3.15% (As of Dec. 2023)
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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. Brinker International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $67 Mil. Brinker International's average total debt for the quarter that ended in Dec. 2023 was $2,122 Mil. Therefore, Brinker International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.15%.


Brinker International Effective Interest Rate on Debt % Historical Data

The historical data trend for Brinker International'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.

Brinker International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.52 3.29 2.53 2.14 2.48

Brinker International 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 % 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 Premium Member Only Premium Member Only Premium Member Only 2.43 2.55 2.68 3.15 3.15

Competitive Comparison

For the Restaurants subindustry, Brinker International'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.


Brinker International Effective Interest Rate on Debt % Distribution

For the Restaurants industry and Consumer Cyclical sector, Brinker International's Effective Interest Rate on Debt % distribution charts can be found below:

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



Brinker International Effective Interest Rate on Debt % Calculation

Brinker International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -54.9/( (2273.2+2160.6)/ 2 )
=-1  *  -54.9/2216.9
=2.48 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2140.2 + 133
=2273.2

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2038 + 122.6
=2160.6

Brinker International'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  *  -66.8/( (2151.9+2092.3)/ 2 )
=-1  *  -66.8/2122.1
=3.15 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2028.8 + 123.1
=2151.9

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1970 + 122.3
=2092.3

* 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.


Brinker International  (NYSE:EAT) Effective Interest Rate on Debt % Explanation

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


Brinker International Effective Interest Rate on Debt % Related Terms

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Brinker International (Brinker International) Business Description

Traded in Other Exchanges
Address
3000 Olympus Boulevard, Dallas, TX, USA, 75019
Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.
Executives
Joseph G Taylor officer: VP, Corp. Affairs & Inv. Rel. 6820 LBJ FREEWAY, DALLAS TX 75240
Douglas N. Comings officer: SVP & COO, Chili's Grill & Bar 3000 OLYMPUS DR., DALLAS TX 75019
James M Butler officer: SVP Chief Supply Chain Officer 3000 OLYMPUS BLVD., DALLAS TX 75019
Wade Allen officer: SVP & Chief Digital Officer 6820 LBJ FREEWAY, DALLAS X1 75240
Steve Provost officer: Pres., Maggiano's Little Italy 4024 COLGATE, UNIVERSITY PARK TX 75225
Rick Badgley officer: SVP & Chief People Officer 6820 LBJ FREEWAY, DALLAS TX 75240
George S Felix officer: SVP, Chief Marketing Officer 3000 OLYMPUS BLVD., DALLAS TX 75019
Kevin Hochman director, officer: Pres. & CEO & Pres. of Chili's 3000 OLYMPUS BLVD., DALLAS TX 75019
Prashant Ranade director 507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Wyman Roberts officer: SVP, Maggiano's President 3853 WATERCREST DRIVE, LONGWOOD FL 32779
Ramona Hood director 3000 OLYMPUS BLVD., DALLAS TX 75019
Daniel S Fuller officer: SVP, General Counsel & Sec. 120 HOLLYWOOD DR., COPPELL TX 75019
Harriet Edelman director
Charles A Lousignont officer: SVP Supply Chain Mgmt 6820 LBJ FREEWAY, DALLAS TX 75240
Joseph Michael Depinto director C/O OFFICEMAX INCORPORATED, NAPERVILLE IL 60563