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Apex Global Brands (Apex Global Brands) Effective Interest Rate on Debt % : 18.80% (As of Oct. 2020)


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What is Apex Global Brands 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. Apex Global Brands's annualized positive value of Interest Expense for the quarter that ended in Oct. 2020 was $11.58 Mil. Apex Global Brands's average total debt for the quarter that ended in Oct. 2020 was $61.58 Mil. Therefore, Apex Global Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2020 was 18.80%.


Apex Global Brands Effective Interest Rate on Debt % Historical Data

The historical data trend for Apex Global Brands'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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Apex Global Brands Effective Interest Rate on Debt % Chart

Apex Global Brands Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 4.73 14.00 16.35 15.75

Apex Global Brands Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.78 14.59 15.04 16.32 18.80

Competitive Comparison of Apex Global Brands's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Apex Global Brands'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.


Apex Global Brands's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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



Apex Global Brands Effective Interest Rate on Debt % Calculation

Apex Global Brands's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2019 )+Total Debt  (A: Jan. 2020 ))/ count )
=-1  *  -8.809/( (54.454+57.433)/ 2 )
=-1  *  -8.809/55.9435
=15.75 %

where

Total Debt  (A: Jan. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53.154 + 1.3
=54.454

Total Debt  (A: Jan. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.389 + 56.044
=57.433

Apex Global Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2020 )+Total Debt  (Q: Oct. 2020 ))/ count )
=-1  *  -11.58/( (60.572+62.587)/ 2 )
=-1  *  -11.58/61.5795
=18.80 %

where

Total Debt  (Q: Jul. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.415 + 59.157
=60.572

Total Debt  (Q: Oct. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.649 + 60.938
=62.587

* 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.

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 (Oct. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Apex Global Brands  (OTCPK:APEX) Effective Interest Rate on Debt % Explanation

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


Apex Global Brands Effective Interest Rate on Debt % Related Terms

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Apex Global Brands (Apex Global Brands) Business Description

Traded in Other Exchanges
N/A
Address
5990 Sepulveda Boulevard, Sherman Oaks, CA, USA, 91411
Apex Global Brands Inc is a brand marketing platform that manages a growing portfolio of fashion and lifestyle brands across multiple consumer product categories and sectors. The company currently maintains license and franchise agreements with retailers and manufacturers. The brand portfolio spans multiple consumer product categories and retail tiers including Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Liz Lange, Point Cove, Carole Little, Everyday California and Sideout.
Executives
Jess M Ravich director, 10 percent owner 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Dwight Mamanteo director C/O GERSTEN SAVAGE LLP 600 LEXINGTON AVE., 9TH FLOOR NEW YORK NY 10022
Patricia Kay Johnson director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD, SUITE 600 SHERMAN OAKS CA 91411
Evan Hengel director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD SHERMAN OAKS CA 91411
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245
Jeffrey Bronchick 10 percent owner 2101 EAST EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Keith M Hull director
Robert Longnecker director 888 7TH AVENUE 17TH FLOOR NEW YORK NY 10019
Carol Baiocchi director 2184 CAMINO BRAZOS PLEASANTON CA 94566
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Steven L Brink officer: CFO 6525 FREMONT CIRCLE HUNTINGTON BEACH CA 92648
Howard B Siegel officer: President and COO
Henry Stupp director, officer: CEO 6835 VALJEAN AVENUE VAN NUYS CA 91406
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Headlands Strategic Opportunities Fund, Lp (the Partnership) 10 percent owner ONE EMBARCADERO CENTER SUITE 1600 SAN FRANCISCO CA 94111