Kidpik (Kidpik) Effective Interest Rate on Debt % : 5.14% (As of Mar. 2024)

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What is Kidpik 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. Kidpik's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.12 Mil. Kidpik's average total debt for the quarter that ended in Mar. 2024 was $2.41 Mil. Therefore, Kidpik's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.14%.

Kidpik Effective Interest Rate on Debt % Historical Data

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

Kidpik Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

8.68

13.54

30.46

2.75

0.04

Kidpik Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												2.87	2.85	3.33	-14.61	5.14

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

For the Internet Retail subindustry, Kidpik'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.

Kidpik's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

Kidpik Effective Interest Rate on Debt % Calculation

Kidpik'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 * -0.001	/	( (3.55	+	1.911)	/ 2 )
=	-1 * -0.001	/	2.7305
=	0.04 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.061	+	2.489
=	3.55

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.78	+	1.131
=	1.911

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.124	/	( (1.911	+	2.913)	/ 2 )
=	-1 * -0.124	/	2.412
=	5.14 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.78	+	1.131
=	1.911

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.369	+	1.544
=	2.913

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

Kidpik (NAS:PIK) Effective Interest Rate on Debt % Explanation

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

Kidpik Effective Interest Rate on Debt % Related Terms

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Kidpik (Kidpik) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kidpik Corp (NAS:PIK) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Park Avenue South, 3rd Floor, New York, NY, USA, 10003

Website

https://www.kidpik.com

Kidpik Corp is a subscription-based e-commerce business geared toward kid products for girl's and boy's apparel, footwear, and accessories. The Company serves its customers through the clothing subscription box business, its retail website and 3rd party websites.

Executives

Jill Pasechnick	officer: CAO	101 NIEHAUS AVENUE, LITTLE FERRY NJ 07643
Jill Kronenberg	director	C/O 200 PARK AVENUE SOUTH, 3RD FLOOR, NEW YORK NY 10003
Hobart Sichel	director	1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Oddi	director
Adir Katzav	officer: EVP, CFO, and Treasurer	C/O EAGLE BULK SHIPPING INC., 477 MADISON AVENUE, NEW YORK NY 10022
Ezra Dabah	director, 10 percent owner, officer: President, CEO and Chairman	ONE DODGE DR, WEST CALDWELL NJ 07006
Renee Dabah	10 percent owner
Raine Silverstein	10 percent owner
Moshe Dabah	officer: VP, COO and CTO	C/O 200 PARK AVENUE SOUTH, 3RD FLOOR, NEW YORK NY 10003