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Booktopia Group (ASX:BKG) Effective Interest Rate on Debt % : 3.83% (As of Dec. 2023)


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What is Booktopia Group 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. Booktopia Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$2.1 Mil. Booktopia Group's average total debt for the quarter that ended in Dec. 2023 was A$53.6 Mil. Therefore, Booktopia Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.83%.

Booktopia Group Effective Interest Rate on Debt % Historical Data

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

Booktopia Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
- 24.63 11.70 6.78

Booktopia Group Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.78 13.47 0.46 13.56 3.83

Competitive Comparison of Booktopia Group's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Booktopia Group'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.

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

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

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


Booktopia Group Effective Interest Rate on Debt % Calculation

Booktopia Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -2.939/( (30.986+55.683)/ 2 )
=-1  *  -2.939/43.3345
=6.78 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.619 + 3.367
=30.986

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40.387 + 15.296
=55.683

Booktopia Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -2.05/( (55.683+51.45)/ 2 )
=-1  *  -2.05/53.5665
=3.83 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40.387 + 15.296
=55.683

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40.784 + 10.666
=51.45

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Booktopia Group  (ASX:BKG) Effective Interest Rate on Debt % Explanation

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

Booktopia Group Effective Interest Rate on Debt % Related Terms

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Booktopia Group (ASX:BKG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Booktopia Group Ltd (ASX:BKG) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
ASX:SRY ASX:DSK ASX:SHM ASX:JYC ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY FIVE WSM DKS MNSO MUSA BBWI
Traded in Other Exchanges
N/A
Address
1A Homebush Bay Drive, Level 6, Rhodes, NSW, AUS, 2138
Website
https://www.booktopia.com.au
Booktopia Group Ltd is an online book retailer. Its core business is the sale of physical books via its websites to Australian and New Zealand customers. The company also sells Ebooks, Audiobooks, DVDs, Stationery, Gifts, Magazines, and other products. The group operates in one segment being the sale and distribution of books and book-related products through its online platforms.

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