KIRK has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
KIRK has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Kirkland's's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $3.6 Mil. Kirkland's's average total debt for the quarter that ended in Jan. 2024 was $192.0 Mil. Therefore, Kirkland's's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.88%.
The historical data trend for Kirkland's'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.
Kirkland's Annual Data | |||||||||||||||||||||
Trend | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
![]() |
![]() |
0.18 | 0.26 | 0.18 | 1.07 | 1.92 |
Kirkland's 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 |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
1.04 | 1.13 | 1.57 | 2.28 | 1.88 |
For the Home Improvement Retail subindustry, Kirkland's'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.
For the Retail - Cyclical industry and Consumer Cyclical sector, Kirkland's's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Kirkland's's Effective Interest Rate on Debt % falls into.
Kirkland's'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 * -3.317 | / | ( (171.112 | + | 173.79) | / 2 ) |
= | -1 * -3.317 | / | 172.451 | |||
= | 1.92 % |
where
Total Debt (A: Jan. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 129.613 | + | 41.499 |
= | 171.112 |
Total Debt (A: Jan. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 133.772 | + | 40.018 |
= | 173.79 |
Kirkland's'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 * -3.608 | / | ( (210.214 | + | 173.79) | / 2 ) |
= | -1 * -3.608 | / | 192.002 | |||
= | 1.88 % |
where
Total Debt (Q: Oct. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 170.248 | + | 39.966 |
= | 210.214 |
Total Debt (Q: Jan. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 133.772 | + | 40.018 |
= | 173.79 |
* 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.
Kirkland's (NAS:KIRK) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Kirkland's's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
W Michael Madden | director, officer: President and CEO | C/O KIRKLAND'S INC, 431 SMITH LANE, JACKSON TN 38301 |
Amy Ervin Sullivan | officer: SVP, CMO | 5310 MARYLAND WAY, BRENTWOOD TN 37027 |
Ann E Joyce | director | C/O AEROPOSTALE INC, 1372 BRAODWAY 8TH FLOOR, NEW YORK NY 10018 |
Osmium Partners, Llc | 10 percent owner | 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904 |
Osmium Diamond, Lp | 10 percent owner | C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904 |
Osmium Capital Lp | 10 percent owner | 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904 |
Osmium Spartan L P | 10 percent owner | 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904 |
John Hartnett Lewis | 10 percent owner | 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111 |
Osmium Capital Ii, Lp | 10 percent owner | 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904 |
Jill A. Soltau | director | 123 SOUTH FRONT STREET, MEMPHIS TN 38103 |
Nicole Allyson Strain | officer: Interim CFO | 5310 MARYLAND WAY, BRENTWOOD TN 37027 |
Charles Iii Pleas | director | 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103 |
Michael A. Holland | officer: Sr. VP and CTO | 5310 MARYLAND WAY, BRENTWOOD TN 37027 |
Miles Kirkland | director | C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214 |
Orr Wilson R Iii | director | C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214 |
From GuruFocus
By PRNewswire PRNewswire • 07-06-2022
By PRNewswire PRNewswire • 05-18-2021
By PRNewswire PRNewswire • 06-16-2022
By PRNewswire PRNewswire • 03-03-2022
By GuruFocus Research GuruFocus Editor • 11-09-2022
By PRNewswire PRNewswire • 08-16-2022
By GF Value GF Value • 06-06-2021
By GF Value GF Value • 05-03-2021
By PRNewswire PRNewswire • 08-09-2022
By PRNewswire PRNewswire • 01-06-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.