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Delhaize Group (Delhaize Group) Effective Interest Rate on Debt % : 7.69% (As of Mar. 2016)


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What is Delhaize 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. Delhaize Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2016 was $209 Mil. Delhaize Group's average total debt for the quarter that ended in Mar. 2016 was $2,723 Mil. Therefore, Delhaize Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 was 7.69%.


Delhaize Group Effective Interest Rate on Debt % Historical Data

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

Delhaize Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 8.09 6.51 6.22 8.54

Delhaize Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 13.16 7.71 7.87 7.71 7.69

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

For the Grocery Stores subindustry, Delhaize 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.


Delhaize Group's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

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

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



Delhaize Group Effective Interest Rate on Debt % Calculation

Delhaize Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  -261.438/( (3385.943+2738.562)/ 2 )
=-1  *  -261.438/3062.2525
=8.54 %

where

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3299.63 + 86.313
=3385.943

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2645.969 + 92.593
=2738.562

Delhaize Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2015 )+Total Debt  (Q: Mar. 2016 ))/ count )
=-1  *  -209.356/( (2738.562+2707.127)/ 2 )
=-1  *  -209.356/2722.8445
=7.69 %

where

Total Debt  (Q: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2645.969 + 92.593
=2738.562

Total Debt  (Q: Mar. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2615.813 + 91.314
=2707.127

* 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 (Mar. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Delhaize Group  (NYSE:DEG) Effective Interest Rate on Debt % Explanation

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


Delhaize Group Effective Interest Rate on Debt % Related Terms

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Delhaize Group (Delhaize Group) Business Description

Traded in Other Exchanges
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Address
Delhaize Group SA was founded in Belgium in 1867. It operates food supermarkets. Its conducts its retail operations through its businesses in the United States; Belgium and the Grand Duchy of Luxembourg, collectively as Delhaize Belgium; Greece, Romania and Serbia, collectively as Southeastern Europe; and Indonesia. Its store network also includes other store formats such as proximity, cash and carry and specialty stores. Its competitors include international, national, regional and local supermarket chains, supercenters, independent grocery stores, specialty food stores, warehouse club stores, retail drug chains, convenience stores, membership clubs, general merchandisers, discount retailers and restaurants. Food retail chains generally compete on the basis of location, quality of products, service, price, product variety, store condition and e-commerce offer. The Company's brands include Delhaize, Taste of Inspirations, 365, Care, Delhaize Eco and Delhaize Bio.