GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » The Chefs' Warehouse Inc (NAS:CHEF) » Definitions » Effective Interest Rate on Debt %

The Chefs' Warehouse (The Chefs' Warehouse) Effective Interest Rate on Debt % : 5.31% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is The Chefs' Warehouse 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. The Chefs' Warehouse's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $48 Mil. The Chefs' Warehouse's average total debt for the quarter that ended in Dec. 2023 was $911 Mil. Therefore, The Chefs' Warehouse's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.31%.


The Chefs' Warehouse Effective Interest Rate on Debt % Historical Data

The historical data trend for The Chefs' Warehouse'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.

The Chefs' Warehouse Effective Interest Rate on Debt % Chart

The Chefs' Warehouse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 3.97 3.28 6.36 5.16

The Chefs' Warehouse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.08 4.71 5.39 5.02 5.31

Competitive Comparison of The Chefs' Warehouse's Effective Interest Rate on Debt %

For the Food Distribution subindustry, The Chefs' Warehouse'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.


The Chefs' Warehouse's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

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

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



The Chefs' Warehouse Effective Interest Rate on Debt % Calculation

The Chefs' Warehouse'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  *  -45.474/( (836.766+926.267)/ 2 )
=-1  *  -45.474/881.5165
=5.16 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=804.91 + 31.856
=836.766

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=848.836 + 77.431
=926.267

The Chefs' Warehouse'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -48.332/( (895.149+926.267)/ 2 )
=-1  *  -48.332/910.708
=5.31 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=860.414 + 34.735
=895.149

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=848.836 + 77.431
=926.267

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


The Chefs' Warehouse  (NAS:CHEF) Effective Interest Rate on Debt % Explanation

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


The Chefs' Warehouse Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of The Chefs' Warehouse's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Chefs' Warehouse (The Chefs' Warehouse) Business Description

Traded in Other Exchanges
Address
100 East Ridge Road, Ridgefield, CT, USA, 06877
The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.
Executives
Tim Mccauley officer: Chief Accounting Officer 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Joseph M. Cugine director 16859 CAMINETTO COURT, NAPLES, NAPLES FL 34110
Katherine Oliver director 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Christina Polychroni officer: Chief Human Resources Officer C/O THE CHEFS' WAREHOUSE, 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Alexandros Aldous officer: General Counsel 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Leddy officer: Chief Financial Officer C/O THE CHEFS' WAREHOUSE INC., 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Christopher Pappas director, officer: President and CEO 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Patricia Lecouras officer: Chief Human Resources Officer 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
John Pappas director, officer: Vice Chairman 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Aylwin B Lewis director 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Ivy Brown director 17324 E HIDDEN GREEN CT, RIO VERDE AZ 85263
John A Couri director 63 COPPS HILL RD, RIDGEFIELD CT 06877
David E. Schreibman director 1852 N. FREMONT STREET, CHICAGO IL 60614
Christina Carroll director 16529 ADLON ROAD, ENCINO CA 91436
John D Austin officer: Chief Financial Officer