Switch to:
LVMH Moet Hennessy Louis Vuitton SE  (OTCPK:LVMUY) Effective Interest Rate on Debt %: 0.98% (As of Jun. 2017)

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 Current Portion of Long-Term Debt. LVMH Moet Hennessy Louis Vuitton SE's annualized positive value of Interest Expense for the quarter that ended in Jun. 2017 was $110 Mil. LVMH Moet Hennessy Louis Vuitton SE's average total debt for the quarter that ended in Jun. 2017 was $11,241 Mil. Therefore, LVMH Moet Hennessy Louis Vuitton SE's annualized effective interest rate on debt for the quarter that ended in Jun. 2017 was 0.98%.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

LVMH Moet Hennessy Louis Vuitton SE Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 1.80 1.51 1.18 1.16

LVMH Moet Hennessy Louis Vuitton SE Semi-Annual Data

Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only 1.32 1.10 0.91 1.29 0.98

Competitive Comparison
* 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.


Calculation

LVMH Moet Hennessy Louis Vuitton SE's annualized Effective Interest Rate on Debt for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt
=-1  *  Interest Expense/( (Total Debt  (A: {A2})+Total Debt  (A: Dec. 2016 ))/ 2 )
=-1  *  -97.0464135021/( (9019.60784314+7783.75527426)/ 2 )
=-1  *  -97.0464135021/8401.6815587
=1.16 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Current Portion of Long-Term Debt
=4913.94335512 + 4105.66448802
=9019.60784314

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Current Portion of Long-Term Debt
=4147.67932489 + 3636.07594937
=7783.75527426

LVMH Moet Hennessy Louis Vuitton SE's annualized Effective Interest Rate on Debt for the quarter that ended in Jun. 2017 is calculated as

Effective Interest Rate on Debt
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 20 )+Total Debt  (Q: Jun. 2017 ))/ 2 )
=-1  *  -110.112359551/( (7783.75527426+14697.752809)/ 2 )
=-1  *  -110.112359551/11240.7540416
=0.98 %

where

Total Debt  (Q: Dec. 20 )
=Long-Term Debt & Capital Lease Obligation + Current Portion of Long-Term Debt
=4147.67932489 + 3636.07594937
=7783.75527426

Total Debt  (Q: Jun. 2017 )
=Long-Term Debt & Capital Lease Obligation + Current Portion of Long-Term Debt
=9226.96629213 + 5470.78651685
=14697.752809

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 two times the semi-annual (Jun. 2017) interest expense data. Effective Interest Rate on Debt is displayed in the 30-year financial page.


Explanation

Effective interest rate on debt measures the usage rate that a borrower actually pays on a debt.


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK