Barnes & Noble Education (Barnes & Noble Education) Effective Interest Rate on Debt % : 8.05% (As of Jan. 2024)

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What is Barnes & Noble Education 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. Barnes & Noble Education's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $42 Mil. Barnes & Noble Education's average total debt for the quarter that ended in Jan. 2024 was $528 Mil. Therefore, Barnes & Noble Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 8.05%.

Barnes & Noble Education Effective Interest Rate on Debt % Historical Data

The historical data trend for Barnes & Noble Education'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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Barnes & Noble Education Effective Interest Rate on Debt % Chart

Barnes & Noble Education Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Effective Interest Rate on Debt %

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5.93

2.54

1.78

2.02

4.49

Barnes & Noble Education Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.76	5.31	6.19	7.62	8.05

Competitive Comparison of Barnes & Noble Education's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Barnes & Noble Education'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.

Barnes & Noble Education's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Barnes & Noble Education's Effective Interest Rate on Debt % falls into.

Barnes & Noble Education Effective Interest Rate on Debt % Calculation

Barnes & Noble Education's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2022 )	+	Total Debt (A: Apr. 2023 ))	/ count )
=	-1 * -22.683	/	( (542.437	+	466.885)	/ 2 )
=	-1 * -22.683	/	504.661
=	4.49 %

where

	Total Debt (A: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	405.294	+	137.143
=	542.437

	Total Debt (A: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	366.905	+	99.98
=	466.885

Barnes & Noble Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -42.48	/	( (520.484	+	535.029)	/ 2 )
=	-1 * -42.48	/	527.7565
=	8.05 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	394.058	+	126.426
=	520.484

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	185.417	+	349.612
=	535.029

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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Barnes & Noble Education (NYSE:BNED) Effective Interest Rate on Debt % Explanation

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

Barnes & Noble Education Effective Interest Rate on Debt % Related Terms

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Barnes & Noble Education (Barnes & Noble Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Barnes & Noble Education Inc (NYSE:BNED) » Definitions » Effective Interest Rate on Debt %

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Address

120 Mountain View Boulevard, Basking Ridge, NJ, USA, 07920

Website

https://www.bned.com

Barnes & Noble Education Inc is an operator of bookstores in college and university campuses across the United States. The company is also engaged in providing digital education services. It operates in three reportable segments: Retail, wholesale, and Corporate Services.

Executives

Kevin Watson	officer: EVP, CFO	1111 STEWART AVENUE, BETHPAGE NY 11714
Raphael Wallander	director	3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Steven G Panagos	director	C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
Michael Huseby	director	12405 POWERSCOURT DR, C/O CHARTER COMMUNICATIONS, ST LOUIS MO 63131
Denise Warren	director	209 REDWOOD SHORES PKWY, REDWOOD CITY CA 94065
Mario R. Dell'aera	director	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAINVIEW BLVD., BASKING RIDGE NJ 07920
Kathryn Eberle Walker	director	1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Zachary Levenick	other: See Explanation of Responses	840 SOUTH GRAND AVENUE, PASADENA CA 91105
David G Golden	director	C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Miller Michael Connolly	officer: CLO & VP Corp Affairs	C/O BARNES & NOBLE EDUCATION, INC, 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Nenke David W. B.	officer: Pres, DSS	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
David A Wilson	director
David Gordon Henderson	officer: Pres, MBS; EVP, Strat Services	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
Seema Paul	officer: Chief Accounting Officer	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Jonathan Shar	officer: EVP, Retail & Client Solutions	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920