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Inter Parfums (Inter Parfums) Effective Interest Rate on Debt % : 3.86% (As of Mar. 2024)


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What is Inter Parfums 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. Inter Parfums's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $7 Mil. Inter Parfums's average total debt for the quarter that ended in Mar. 2024 was $187 Mil. Therefore, Inter Parfums's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.86%.


Inter Parfums Effective Interest Rate on Debt % Historical Data

The historical data trend for Inter Parfums'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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Inter Parfums Effective Interest Rate on Debt % Chart

Inter Parfums 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 4.33 3.78 2.40 1.83 5.60

Inter Parfums Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.38 4.30 4.69 8.47 3.86

Competitive Comparison of Inter Parfums's Effective Interest Rate on Debt %

For the Household & Personal Products subindustry, Inter Parfums'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.


Inter Parfums's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inter Parfums's Effective Interest Rate on Debt % distribution charts can be found below:

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



Inter Parfums Effective Interest Rate on Debt % Calculation

Inter Parfums'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  *  -11.253/( (209.672+192.372)/ 2 )
=-1  *  -11.253/201.022
=5.60 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=175.829 + 33.843
=209.672

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=152.414 + 39.958
=192.372

Inter Parfums's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -7.228/( (192.372+182.11)/ 2 )
=-1  *  -7.228/187.241
=3.86 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=152.414 + 39.958
=192.372

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=138.831 + 43.279
=182.11

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Inter Parfums  (NAS:IPAR) Effective Interest Rate on Debt % Explanation

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


Inter Parfums Effective Interest Rate on Debt % Related Terms

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Inter Parfums (Inter Parfums) Business Description

Traded in Other Exchanges
Address
551 Fifth Avenue, New York, NY, USA, 10176
Inter Parfums Inc operates in the fragrance business and manufactures, markets, and distributes fragrances and fragrance related products. It sells its product under the brand names called JIMMY CHOO, bebe, Paul Smith, Abercrombie and Fitch, COACH, and others. The company operates in two operating segments namely European based operations, and United-States operations. The company sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.
Executives
Philippe Santi officer: Dir. of Finance INTER PARFUMS S A, 4 ROND POINT DES CHAMPS ELYSEES, PARIS I0 99999
Jean Madar director, 10 percent owner, officer: CEO JEAN PHILIPPE FRAGRANCES INC, 551 FIFTH AVE 15TH FLOOR, NEW YORK NY 10176
Gerard Kappauf director JUMEIRAH 1, 30TH C STREET, VILLA 76, DUBAI C0 500001
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Gilbert Harrison director HARRISON GROUP, 745 FIFTH AVENUE, SUITE 514, NEW YORK NY 10151
Pelayo Frederic Garcia officer: Dir ExportSales InterParfumsSA
Russell Greenberg director, officer: Ex. VP and CFO INTER PARFUMS INC, 551 FIFTH AVE 15TH FLR, NEW YORK NY 10176
Philippe Benacin director, 10 percent owner, officer: President C/O INTER PARFUMS INC, 551 FIFTH AVE, 5TH FLOOR, NEW YORK NY 10176
Michel D. Atwood director, officer: Chief Financial Officer 1113 YORK AVENUE, NEW YORK NY 10065
Francois Heilbronn director M M FRIEDRICH HEILBRONN & FISZER, 24 AVE MATIGNON, PARIS I0 99999
Torres Robert Bensoussan director 48 BOULEVARD RASPAIL, PARIS I0 99999
Patrick Choel director UNIVERSITE-82, 7 RUE DE TALLEYRAND, PARIS I0 75007
Henry B. Clarke officer: President Specialty Retail Div INTER PARFUMS, INC., 551 FIFTH AVENUE, NEW YORK NY 10176
Michel Dyens director MICHEL DYENS & CO, 17 AVENUE MONTAIGNE, PARIS I0 75008
Jean Levy director CHEZ AXCESS GROUPE, 8 RUE DE BERRI, PARIS I0 99999