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Academy Sports and Outdoors (Academy Sports and Outdoors) Effective Interest Rate on Debt % : 2.88% (As of Jan. 2024)


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What is Academy Sports and Outdoors 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. Academy Sports and Outdoors's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $50 Mil. Academy Sports and Outdoors's average total debt for the quarter that ended in Jan. 2024 was $1,748 Mil. Therefore, Academy Sports and Outdoors's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 2.88%.


Academy Sports and Outdoors Effective Interest Rate on Debt % Historical Data

The historical data trend for Academy Sports and Outdoors'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.

* Premium members only.

Academy Sports and Outdoors Effective Interest Rate on Debt % Chart

Academy Sports and Outdoors Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.71 3.68 2.54 2.57 2.66

Academy Sports and Outdoors Quarterly Data
Jan19 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 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 2.68 2.55 2.57 2.46 2.88

Competitive Comparison of Academy Sports and Outdoors's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Academy Sports and Outdoors'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.


Academy Sports and Outdoors's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Academy Sports and Outdoors's Effective Interest Rate on Debt % falls into.



Academy Sports and Outdoors Effective Interest Rate on Debt % Calculation

Academy Sports and Outdoors's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -46.051/( (1768.723+1696.694)/ 2 )
=-1  *  -46.051/1732.7085
=2.66 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1656.648 + 112.075
=1768.723

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1575.845 + 120.849
=1696.694

Academy Sports and Outdoors'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  *  -50.312/( (1799.317+1696.694)/ 2 )
=-1  *  -50.312/1748.0055
=2.88 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1679.176 + 120.141
=1799.317

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1575.845 + 120.849
=1696.694

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


Academy Sports and Outdoors  (NAS:ASO) Effective Interest Rate on Debt % Explanation

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


Academy Sports and Outdoors Effective Interest Rate on Debt % Related Terms

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Academy Sports and Outdoors (Academy Sports and Outdoors) Business Description

Traded in Other Exchanges
N/A
Address
1800 North Mason Road, Katy, TX, USA, 77449
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.
Executives
Jeffrey C. Tweedy director C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Samuel J Johnson officer: EVP, Retail Operations 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Heather A. Davis officer: VP, Controller C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Ford Earl Carlton Iv officer: EVP & CFO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Matthew M. Mccabe officer: EVP & CMO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Michael P. Mullican officer: EVP & CFO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Sherry L. Harriman officer: SVP, Logistics & Supply Chain C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Manish Maini officer: SVP, Chief Information Officer C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Jamey Traywick Rutherford officer: SVP, Omnichannel C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
William S. Ennis officer: See Remarks C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Rene G. Casares officer: SVP, General Counsel C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Theresa Palermo director 1800 N MASON RD, KATY TX 77449
Beryl Raff director 5555 DARROW RD, HUDSON OH 44236
Ken C Hicks director, officer: Chairman, President and CEO 150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Brian T Marley director