Australian Vintage (ASX:AVG) Effective Interest Rate on Debt % : 3.77% (As of Dec. 2023)

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What is Australian Vintage 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. Australian Vintage's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$5.3 Mil. Australian Vintage's average total debt for the quarter that ended in Dec. 2023 was A$140.7 Mil. Therefore, Australian Vintage's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.77%.

Australian Vintage Effective Interest Rate on Debt % Historical Data

The historical data trend for Australian Vintage'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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Australian Vintage Effective Interest Rate on Debt % Chart

Australian Vintage Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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4.59

2.87

2.26

2.40

3.27

Australian Vintage Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.24	2.07	3.55	2.70	3.77

Competitive Comparison of Australian Vintage's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, Australian Vintage'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.

Australian Vintage's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Australian Vintage's Effective Interest Rate on Debt % distribution charts can be found below:

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

Australian Vintage Effective Interest Rate on Debt % Calculation

Australian Vintage'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 * -4.161	/	( (125.37	+	128.89)	/ 2 )
=	-1 * -4.161	/	127.13
=	3.27 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	118.97	+	6.4
=	125.37

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	121.805	+	7.085
=	128.89

Australian Vintage'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 * -5.304	/	( (128.89	+	152.467)	/ 2 )
=	-1 * -5.304	/	140.6785
=	3.77 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	121.805	+	7.085
=	128.89

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	143.932	+	8.535
=	152.467

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.

Australian Vintage (ASX:AVG) Effective Interest Rate on Debt % Explanation

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

Australian Vintage Effective Interest Rate on Debt % Related Terms

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Australian Vintage (ASX:AVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Australian Vintage Ltd (ASX:AVG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

MGE:Germany

Address

275 Sir Donald Bradman Drive, Cowandilla, Adelaide, SA, AUS, 5033

Website

https://www.australianvintage.com.au

Australian Vintage Ltd is principally engaged in winemaking, wine marketing, and vineyard management in Australia. Its geographical segments are Australia / New Zealand; UK, Europe and Americas, and Asia. The company derives a majority of revenue from UK, Europe and Americas segment. UK, Europe and Americas segment is engaged in the packaging, sales, and marketing of wine in the United Kingdom, Europe and the Americas through wholesale, distributor and retail channels.

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