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Restaurant Brands NZ (Restaurant Brands NZ) Effective Interest Rate on Debt % : -1.27% (As of Dec. 2023)


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What is Restaurant Brands NZ 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. Restaurant Brands NZ's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $-7.9 Mil. Restaurant Brands NZ's average total debt for the quarter that ended in Dec. 2023 was $624.3 Mil. Therefore, Restaurant Brands NZ's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -1.27%.


Restaurant Brands NZ Effective Interest Rate on Debt % Historical Data

The historical data trend for Restaurant Brands NZ'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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Restaurant Brands NZ Effective Interest Rate on Debt % Chart

Restaurant Brands NZ Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 1.34 0.77 1.13 2.08

Restaurant Brands NZ Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2.39 3.97 -1.72 5.30 -1.27

Competitive Comparison of Restaurant Brands NZ's Effective Interest Rate on Debt %

For the Restaurants subindustry, Restaurant Brands NZ'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.


Restaurant Brands NZ's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

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

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



Restaurant Brands NZ Effective Interest Rate on Debt % Calculation

Restaurant Brands NZ's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -13/( (632.282+619.322)/ 2 )
=-1  *  -13/625.802
=2.08 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=613.477 + 18.805
=632.282

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=599.419 + 19.903
=619.322

Restaurant Brands NZ'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  7.908/( (629.373+619.322)/ 2 )
=-1  *  7.908/624.3475
=-1.27 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=610.51 + 18.863
=629.373

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=599.419 + 19.903
=619.322

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Restaurant Brands NZ  (OTCPK:RTBRF) Effective Interest Rate on Debt % Explanation

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


Restaurant Brands NZ Effective Interest Rate on Debt % Related Terms

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Restaurant Brands NZ (Restaurant Brands NZ) Business Description

Traded in Other Exchanges
Address
666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051
Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (Restaurant Brands NZ) Headlines

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