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Dick's Sporting Goods (Dick's Sporting Goods) Effective Interest Rate on Debt % : 1.34% (As of Jan. 2024)


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What is Dick's Sporting Goods 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. Dick's Sporting Goods's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $57 Mil. Dick's Sporting Goods's average total debt for the quarter that ended in Jan. 2024 was $4,248 Mil. Therefore, Dick's Sporting Goods's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.34%.


Dick's Sporting Goods Effective Interest Rate on Debt % Historical Data

The historical data trend for Dick's Sporting Goods'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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Dick's Sporting Goods Effective Interest Rate on Debt % Chart

Dick's Sporting Goods Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.56 1.51 2.19 1.37

Dick's Sporting Goods Quarterly Data
Apr19 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 1.72 1.43 1.36 1.36 1.34

Competitive Comparison of Dick's Sporting Goods's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Dick's Sporting Goods'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.


Dick's Sporting Goods's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Dick's Sporting Goods's Effective Interest Rate on Debt % falls into.



Dick's Sporting Goods Effective Interest Rate on Debt % Calculation

Dick's Sporting Goods'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  *  -58.023/( (4205.135+4263.83)/ 2 )
=-1  *  -58.023/4234.4825
=1.37 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3658.38 + 546.755
=4205.135

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3770.974 + 492.856
=4263.83

Dick's Sporting Goods'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  *  -56.856/( (4233+4263.83)/ 2 )
=-1  *  -56.856/4248.415
=1.34 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3747.967 + 485.033
=4233

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3770.974 + 492.856
=4263.83

* 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.


Dick's Sporting Goods  (NYSE:DKS) Effective Interest Rate on Debt % Explanation

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


Dick's Sporting Goods Effective Interest Rate on Debt % Related Terms

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Dick's Sporting Goods (Dick's Sporting Goods) Business Description

Traded in Other Exchanges
Address
345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 135 specialty stores under the Golf Galaxy, Moosejaw, and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.
Executives
Lawrence J Schorr director 200 PLAZA DRIVE, VESTAL NY 13850
Vladimir Rak officer: EVP, Chief Technology Officer 345 COURT STREET, CORAOPOLIS PA 15108
Julie Lodge-jarrett officer: SVP, Chief People Officer 345 COURT STREET, CORAOPOLIS PA 15108
Larry Jr. Fitzgerald director 345 COURT STREET, CORAOPOLIS PA 15108
Robert W. Eddy director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
William Colombo Trustee U/a Dtd 10/05/2020 Edward W Stack Non-grantor Trust 10 percent owner 345 COURT STREET, CORAOPOLIS PA 15108
William J Colombo director
Sandeep Mathrani director
Navdeep Gupta officer: See Remarks 345 COURT STREET, CORAOPOLIS PA 15108
Hayes John Edward Iii officer: SVP, General Counsel 345 COURT STREET, CORAOPOLIS PA 15108
Mark J Barrenechea director C/O SILICON GRAPHICS INTERNATIONAL CORP, 46600 LANDING PARKWAY, FREMONT CA 94538
Anne Fink director 345 COURT STREET, CORAOPOLIS PA 15108
Lauren R Hobart officer: SVP & Chief Marketing Officer 345 COURT STREET, CORAOPOLIS PA 15275
Edward W Stack director, 10 percent owner, officer: Chairman & CEO 345 COURT STREET, CORAOPOLIS PA 15108
Sliva Raymond A. Jr. officer: EVP, Stores 345 COURT STREET, CORAOPOLIS PA 15108