C&C Group (LSE:CCR) Effective Interest Rate on Debt % : 6.89% (As of Aug. 2023)

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What is C&C 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. C&C Group's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was £17 Mil. C&C Group's average total debt for the quarter that ended in Aug. 2023 was £242 Mil. Therefore, C&C Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 6.89%.

C&C Group Effective Interest Rate on Debt % Historical Data

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

C&C Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

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3.04

3.60

4.98

4.28

4.95

C&C Group Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.79	6.45	4.65	4.95	6.89

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

For the Beverages - Brewers subindustry, C&C 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.

C&C Group's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

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

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

C&C Group Effective Interest Rate on Debt % Calculation

C&C Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -12.854	/	( (281.843	+	237.585)	/ 2 )
=	-1 * -12.854	/	259.714
=	4.95 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	234.198	+	47.645
=	281.843

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	139.271	+	98.314
=	237.585

C&C Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2023 )	+	Total Debt (Q: Aug. 2023 ))	/ count )
=	-1 * -16.65	/	( (237.585	+	245.798)	/ 2 )
=	-1 * -16.65	/	241.6915
=	6.89 %

where

	Total Debt (Q: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	139.271	+	98.314
=	237.585

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	229.835	+	15.963
=	245.798

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 two times the semi-annual (Aug. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

C&C Group (LSE:CCR) Effective Interest Rate on Debt % Explanation

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

C&C Group Effective Interest Rate on Debt % Related Terms

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C&C Group (LSE:CCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » C&C Group PLC (LSE:CCR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CCGPY:USA CGPZF:USA CCRl:UK GCC:Germany

Address

Keeper Road, Bulmers House, Crumlin, Dublin, IRL, D12 K702

Website

https://www.candcgroupplc.com

C&C Group PLC manufactures cider and other alcoholic and nonalcoholic beverages, including beer, wine, soft drinks, and bottled water. The company's brands include Bulmers, Tennet's, Magners, Heverlee, Woodchuck, Hornsby's, Gaymers, Blackthorn, Tipperary, Finches, and Others. C&C also has distribution rights for numerous global brands owned by other companies. Its geographical segments are Ireland, Great Britain, and International, of which the majority of its revenue comes from Great Britain.