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BowFlex (BowFlex) Effective Interest Rate on Debt %

: 11.06% (As of Dec. 2023)
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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. BowFlex's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $4.3 Mil. BowFlex's average total debt for the quarter that ended in Dec. 2023 was $38.9 Mil. Therefore, BowFlex's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.06%.


BowFlex Effective Interest Rate on Debt % Historical Data

The historical data trend for BowFlex'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.

* Premium members only.

BowFlex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 4.14 - 3.52 7.27

BowFlex 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 % 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 6.25 10.01 23.19 12.88 11.06

Competitive Comparison

For the Leisure subindustry, BowFlex'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.


BowFlex Effective Interest Rate on Debt % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, BowFlex's Effective Interest Rate on Debt % distribution charts can be found below:

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



BowFlex Effective Interest Rate on Debt % Calculation

BowFlex's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -3.795/( (55.29+49.137)/ 2 )
=-1  *  -3.795/52.2135
=7.27 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.434 + 6.856
=55.29

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.946 + 6.191
=49.137

BowFlex'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  *  -4.3/( (34.663+43.125)/ 2 )
=-1  *  -4.3/38.894
=11.06 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.162 + 6.501
=34.663

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.538 + 6.587
=43.125

* 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.


BowFlex  (OTCPK:BFXXQ) Effective Interest Rate on Debt % Explanation

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


BowFlex Effective Interest Rate on Debt % Related Terms

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BowFlex (BowFlex) Business Description

Industry
Traded in Other Exchanges
Address
17750 S.E. 6th Way, Vancouver, WA, USA, 98683
BowFlex Inc is a company who operates under the brand name for a series of fitness training equipment marketed and sold by Nautilus. The product's lineup consists of indoor cycling bikes, Max Trainers, Home Gyms, treadmills, adjustable dumbbells, and more.
Executives
Jeffery Lynn Collins officer: VP & GM, Intr./Comm. Specialty C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Jay Mcgregor officer: VP & GM, Retail C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Becky L. Alseth officer: Chief Marketing Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Marvin G Siegert director 16400 SE NAUTILUS DRIVE, VANCOUVER WA 98683
Sarah Anne Jones officer: Principal Accounting Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Shailesh Prakash director 17750 SE 6TH WAY, VANCOUVER WA 98683
Kelley Hall director C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Jim Barr director, officer: Chief Executive Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Alan Lop-gate Chan officer: Chief Legal Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Johnson Carl M Iii director 17750 SE 6TH WAY, VANCOUVER WA 98683
Patricia M. Ross director 17750 S.E. 6TH WAY, VANCOUVER WA 98683
John R. Goelz officer: Chief Supply Chain Officer C/O NAUTILUS, INC, 17750 SE 6TH WAY, VANCOUVER WA 98683
Wayne M Bolio officer: Sr. VP, Law/General Counsel C/O THE NAUTILUS GROUP INC, 1400 N.E. 136TH AVE, VANCOUVER WA 98684
Ellen Raim officer: Chief People Officer CASCADE MICROTECH INC., 9100 SW GEMINI DRIVE, BEAVERTON OR 97008

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