Ralph Lauren (Ralph Lauren) Effective Interest Rate on Debt % : 1.53% (As of Dec. 2023)

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What is Ralph Lauren 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. Ralph Lauren's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $42 Mil. Ralph Lauren's average total debt for the quarter that ended in Dec. 2023 was $2,766 Mil. Therefore, Ralph Lauren's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.53%.

Ralph Lauren Effective Interest Rate on Debt % Historical Data

The historical data trend for Ralph Lauren'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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Ralph Lauren Effective Interest Rate on Debt % Chart

Ralph Lauren Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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2.33

0.85

1.42

1.54

1.29

Ralph Lauren 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 %	Get a 7-Day Free Trial															1.72	1.00	1.40	1.42	1.53

Competitive Comparison of Ralph Lauren's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Ralph Lauren'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.

Ralph Lauren's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ralph Lauren's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ralph Lauren Effective Interest Rate on Debt % Calculation

Ralph Lauren'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 * -40.4	/	( (3391.9	+	2881.9)	/ 2 )
=	-1 * -40.4	/	3136.9
=	1.29 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2610.3	+	781.6
=	3391.9

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2594.9	+	287
=	2881.9

Ralph Lauren'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 * -42.4	/	( (2774.9	+	2756.1)	/ 2 )
=	-1 * -42.4	/	2765.5
=	1.53 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2485.4	+	289.5
=	2774.9

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2478.6	+	277.5
=	2756.1

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.

Ralph Lauren (NYSE:RL) Effective Interest Rate on Debt % Explanation

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

Ralph Lauren Effective Interest Rate on Debt % Related Terms

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Ralph Lauren (Ralph Lauren) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ralph Lauren Corp (NYSE:RL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

RL:Mexico PRL:Germany PRL:Germany

Address

650 Madison Avenue, New York, NY, USA, 10022

Website

https://www.ralphlauren.com

Founded by designer Ralph Lauren in 1967 in New York City, Ralph Lauren Corp. designs, markets, and distributes lifestyle products in North America, Europe, and Asia. Its products include apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The company's brands include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren. Distribution channels for Ralph Lauren include wholesale (department stores and specialty stores), retail (company-owned retail stores and e-commerce), and licensing.

Executives

Halide Alagoz	officer: Chief Product Officer	RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Patrice Louvet	director, officer: President and CEO	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Wei Zhang	director	RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Debra S. Cupp	director	RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Andrew Howard Smith	officer: EVP, Chief Commercial Officer	RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Hubert Joly	director	C/O BEST BUY CO, INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Jane Nielsen	officer: Corp. Sr. Vice President, CFO	516 WEST 34TH STREET, NEW YORK NY 10001
Michael A George	director
Valerie B Jarrett	director	USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Darren Walker	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Lauren Family, L.l.c.	10 percent owner	1065 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10018
David R. Lauren	director, officer: Vice Chair, Chief Innovation	RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Joyce F Brown	director	C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Valerie Hermann	officer: Pres., RL Luxury Collections	RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Ricky Lauren	10 percent owner	C/O TIEDEMANN ADVISORS, 520 MADISON AVE, NEW YORK NY 10022