Whitbread (LSE:WTB) Effective Interest Rate on Debt % : 3.63% (As of Feb. 2024)

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What is Whitbread 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. Whitbread's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was £182 Mil. Whitbread's average total debt for the quarter that ended in Feb. 2024 was £5,018 Mil. Therefore, Whitbread's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 3.63%.

Whitbread Effective Interest Rate on Debt % Historical Data

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

Whitbread Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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4.28

3.85

3.71

3.44

3.55

Whitbread Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.87	3.55	3.39	3.53	3.63

Competitive Comparison of Whitbread's Effective Interest Rate on Debt %

For the Lodging subindustry, Whitbread'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.

Whitbread's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Whitbread's Effective Interest Rate on Debt % distribution charts can be found below:

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

Whitbread Effective Interest Rate on Debt % Calculation

Whitbread's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -178.2	/	( (4951.8	+	5093.3)	/ 2 )
=	-1 * -178.2	/	5022.55
=	3.55 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4807.7	+	144.1
=	4951.8

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4937.7	+	155.6
=	5093.3

Whitbread's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -182	/	( (4943	+	5093.3)	/ 2 )
=	-1 * -182	/	5018.15
=	3.63 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4789.4	+	153.6
=	4943

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4937.7	+	155.6
=	5093.3

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

Whitbread (LSE:WTB) Effective Interest Rate on Debt % Explanation

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

Whitbread Effective Interest Rate on Debt % Related Terms

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Whitbread (LSE:WTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Whitbread PLC (LSE:WTB) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Porz Avenue, Whitbread Court, Houghton Hall Business Park, Dunstable, Bedfordshire, GBR, LU5 5XE

Website

https://www.whitbread.co.uk

Whitbread PLC owns hotels and restaurants that operate in the United Kingdom. It operates more than 800 hotels under the Premier Inn brand and provides services in relation to accommodation and food both in the UK and internationally. Restaurant brands include Beefeater, Brewers Fayre, Cookhouse & Pub, Bar Block and Others. Geographically the company derives majority of revenue from UK division.

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