GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Children's Place Inc (NAS:PLCE) » Definitions » Effective Interest Rate on Debt %

Children's Place (Children's Place) Effective Interest Rate on Debt % : 5.91% (As of Oct. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Children's Place 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. Children's Place's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was $32 Mil. Children's Place's average total debt for the quarter that ended in Oct. 2023 was $539 Mil. Therefore, Children's Place's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 5.91%.


Children's Place Effective Interest Rate on Debt % Historical Data

The historical data trend for Children's Place'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.

Children's Place Effective Interest Rate on Debt % Chart

Children's Place Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.05 2.51 1.92 3.44 2.77

Children's Place Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 2.99 4.13 4.63 5.89 5.91

Competitive Comparison of Children's Place's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Children's Place'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.


Children's Place's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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



Children's Place Effective Interest Rate on Debt % Calculation

Children's Place's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2022 )+Total Debt  (A: Jan. 2023 ))/ count )
=-1  *  -13.324/( (450.861+511.8)/ 2 )
=-1  *  -13.324/481.3305
=2.77 %

where

Total Debt  (A: Jan. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=184.446 + 266.415
=450.861

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=146.234 + 365.566
=511.8

Children's Place's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2023 )+Total Debt  (Q: Oct. 2023 ))/ count )
=-1  *  -31.824/( (526.311+551.337)/ 2 )
=-1  *  -31.824/538.824
=5.91 %

where

Total Debt  (Q: Jul. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.499 + 412.812
=526.311

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=126.442 + 424.895
=551.337

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


Children's Place  (NAS:PLCE) Effective Interest Rate on Debt % Explanation

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


Children's Place Effective Interest Rate on Debt % Related Terms

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


Children's Place (Children's Place) Business Description

Traded in Other Exchanges
Address
500 Plaza Drive, Secaucus, NJ, USA, 07094
Children's Place Inc is pure-play children's specialty apparel retailer in North America. It design, contract to manufacture, sell at retail and wholesale, and license to sell, trend right, high quality merchandise predominantly at value prices, under proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.
Executives
Maegan Markee officer: BRAND PRESIDENT 500 PLAZA DRIVE, SECAUCUS NJ 07094
Alicia Enciso director 1721 VALLEY AVENUE, MCLEAN VA 22101
Jane T Elfers officer: President and CEO C/O THE CHILDRENS PLACE RETAIL STORES, 915 SECAUCUS ROAD, SECAUCUS NJ 07094
Wesley S Mcdonald director
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Sheamus Toal officer: SVP, CHIEF FINANCIAL OFFICER 450 W. 33RD STREET, 5TH FLOOR, NEW YORK NY 10001
John E. Bachman director 77 EXETER STREET, 1809, BOSTON MA 02116
Joseph A Alutto director 810 CURLEYS COURT, COLUMBUS OH 43235
Jared Shure officer: SVP, GEN COUNSEL & SECRETARY 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Elizabeth J Boland director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Deborah Derby officer: CHIEF ADMINISTRATIVE OFFICER TOYS R US INC, 225 SUMMIT AVE, MONTVALE NJ 07645
Katherine Kountze director 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Michael D Rinaldo officer: CHIEF ACCOUNTING OFFICER C/O TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022
Leah Swan officer: CHIEF ADMINISTRATIVE OFFICER 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, INC., SECAUCUS NJ 07094
Robert F Helm officer: SVP, FINANCE & INV MGMT (CAO) 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094