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Keurig Dr Pepper (Keurig Dr Pepper) Effective Interest Rate on Debt % : 1.75% (As of Dec. 2023)


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What is Keurig Dr Pepper 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. Keurig Dr Pepper's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $256 Mil. Keurig Dr Pepper's average total debt for the quarter that ended in Dec. 2023 was $14,589 Mil. Therefore, Keurig Dr Pepper's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.75%.


Keurig Dr Pepper Effective Interest Rate on Debt % Historical Data

The historical data trend for Keurig Dr Pepper'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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Keurig Dr Pepper Effective Interest Rate on Debt % Chart

Keurig Dr Pepper 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 4.19 4.07 3.60 5.16 3.49

Keurig Dr Pepper 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 3.68 0.67 4.91 6.65 1.75

Competitive Comparison of Keurig Dr Pepper's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper'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.


Keurig Dr Pepper's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Effective Interest Rate on Debt % falls into.



Keurig Dr Pepper Effective Interest Rate on Debt % Calculation

Keurig Dr Pepper'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  *  -496/( (13583+14824)/ 2 )
=-1  *  -496/14203.5
=3.49 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12493 + 1090
=13583

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11358 + 3466
=14824

Keurig Dr Pepper'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  *  -256/( (14353+14824)/ 2 )
=-1  *  -256/14588.5
=1.75 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11347 + 3006
=14353

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11358 + 3466
=14824

* 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.


Keurig Dr Pepper  (NAS:KDP) Effective Interest Rate on Debt % Explanation

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


Keurig Dr Pepper Effective Interest Rate on Debt % Related Terms

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Keurig Dr Pepper (Keurig Dr Pepper) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.
Executives
Matthew Andrew Archambault officer: President, Commercial 6425 HALL OF FAME LANE, FRISCO TX 75034
Timothy P. Cofer officer: Chief Operating Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Karin Rotem-wildeman officer: Chief R&D Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Anthony Shoemaker officer: Chief Legal Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Maria A. Sceppaguercio-gever officer: Chief Corp. Affairs Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Roger Frederick Johnson officer: Chief Supply Chain Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Sudhanshu Shekhar Priyadarshi officer: Chief Financial Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Mondelez International, Inc. director 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Robert James Gamgort director, officer: CEO & President KEURIG DR PEPPER INC., 6425 HALL OF FAME LANE, FRISCO TX 75034
Larry D Young director, officer: President & CEO 5301 LEGACY DRIVE, PLANO TX 75024
Oray Boston director 6425 HALL OF FAME LANE, FRISCO TX 75034
Maurice Anthony Milikin officer: Chief Supply Chain Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Georgios Lagoudakis officer: Interim CFO 6425 HALL OF FAME LANE, FRISCO TX 75034
Justin Whitmore officer: Chief Strategy Officer 6425 HALL OF FAME LANE, FRISCO TX 75034

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