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Regis (RGS) Effective Interest Rate on Debt %

: 4.69% (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. Regis's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $24.8 Mil. Regis's average total debt for the quarter that ended in Dec. 2023 was $527.4 Mil. Therefore, Regis's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.69%.


Regis Effective Interest Rate on Debt % Historical Data

The historical data trend for Regis'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.

Regis 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 4.59 1.32 1.43 1.71 3.56

Regis 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 2.84 3.19 6.38 4.58 4.69

Competitive Comparison

For the Personal Services subindustry, Regis'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.


Regis Effective Interest Rate on Debt % Distribution

For the Personal Services industry and Consumer Cyclical sector, Regis's Effective Interest Rate on Debt % distribution charts can be found below:

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



Regis Effective Interest Rate on Debt % Calculation

Regis'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  *  -22.141/( (691.635+550.648)/ 2 )
=-1  *  -22.141/621.1415
=3.56 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=588.439 + 103.196
=691.635

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=468.731 + 81.917
=550.648

Regis'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  *  -24.752/( (529.68+525.041)/ 2 )
=-1  *  -24.752/527.3605
=4.69 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=451.674 + 78.006
=529.68

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=448.146 + 76.895
=525.041

* 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.


Regis  (NAS:RGS) Effective Interest Rate on Debt % Explanation

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


Regis Effective Interest Rate on Debt % Related Terms

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Regis (RGS) Business Description

Industry
Traded in Other Exchanges
Address
3701 Wayzata Boulevard, Suite 500, Minneapolis, MN, USA, 55416
Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives the majority of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's majority brands include SmartStyle, Cost Cutters, and Supercuts.
Executives
Nancy Cunningham Benacci director PO BOX 145496, CINCINNATI OH 45250
Devore Michelle St. Lawrence officer: SVP, Marketing 6119 BRANDEIS LANE, DALLAS TX 75214
Andra Jean Terrell officer: SVP, General Counsel 4922 MARLOS DRIVE NE, MARIETTA GA 30066
James Raymon Suarez officer: SVP Merchandising & Education 9043 VICTORIA DRIVE, EDEN PRAIRIE MN 55347
Michael Joseph Mansbach director 4051 BROAD STREET, SUITE 220, SAN LUIS OBISPO CA 93401
Lockie Andrews director 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
John C. Davi officer: EVP, Chief Technology Officer 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
Springhill Investments Llc 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
James Grosfeld 10 percent owner C/O MERRILL LYNCH ASSET MANAGEMENT, 800 SCUDDERS MILL RD LEGAL ADVISORY 2-B, PLAINSBORO NJ 08536
James Grosfeld Trust 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
New Walnut Gp Llc 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Torch Brc, Lp 10 percent owner 405 LEXINGTON AVENUE, SUITE 839, SUITE 2215, NEW YORK NY 10174
Walnut Brc, L.p. 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jim Brian Lain officer: EVP & Chief Operating Officer 7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
Michael Heath Ferranti officer: SVP, People and Culture 16011 RANCHITA DRIVE, DALLAS TX 75252