Naked Wines (Naked Wines) Effective Interest Rate on Debt % : 13.19% (As of Sep. 2023)

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What is Naked Wines 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. Naked Wines's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $5.8 Mil. Naked Wines's average total debt for the quarter that ended in Sep. 2023 was $43.7 Mil. Therefore, Naked Wines's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 13.19%.

Naked Wines Effective Interest Rate on Debt % Historical Data

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

Naked Wines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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2.13

3.52

2.99

3.33

10.03

Naked Wines Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.11	3.71	8.42	9.88	13.19

Competitive Comparison of Naked Wines's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, Naked Wines'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.

Naked Wines's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

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

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

Naked Wines Effective Interest Rate on Debt % Calculation

Naked Wines's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -2.37	/	( (4.746	+	42.496)	/ 2 )
=	-1 * -2.37	/	23.621
=	10.03 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.394	+	1.352
=	4.746

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39.99	+	2.506
=	42.496

Naked Wines's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -5.764	/	( (42.496	+	44.915)	/ 2 )
=	-1 * -5.764	/	43.7055
=	13.19 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39.99	+	2.506
=	42.496

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41.702	+	3.213
=	44.915

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Naked Wines (OTCPK:MJWNY) Effective Interest Rate on Debt % Explanation

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

Naked Wines Effective Interest Rate on Debt % Related Terms

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Naked Wines (Naked Wines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Naked Wines PLC (OTCPK:MJWNY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

NWINF:USA WINE.GB:UK WINE:UK MWJ:Germany

Address

51-59 Rose Lane, 4th Floor, The Union Building, Norwich, GBR, NR1 1BY

Website

https://www.nakedwinesplc.co.uk

Naked Wines PLC is engaged in the retailing of wines and spirits. The company's operating segment includes Naked Wines. Its geographical segments are United States, United Kingdom, and Australia.

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