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Sally Beauty Holdings (Sally Beauty Holdings) Effective Interest Rate on Debt % : 4.16% (As of Dec. 2023)


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What is Sally Beauty Holdings 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. Sally Beauty Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $69 Mil. Sally Beauty Holdings's average total debt for the quarter that ended in Dec. 2023 was $1,665 Mil. Therefore, Sally Beauty Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.16%.


Sally Beauty Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Sally Beauty Holdings'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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Sally Beauty Holdings Effective Interest Rate on Debt % Chart

Sally Beauty Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 5.02 4.36 5.09 4.28

Sally Beauty Holdings 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 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 4.14 3.89 4.40 4.69 4.16

Competitive Comparison of Sally Beauty Holdings's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Sally Beauty Holdings'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.


Sally Beauty Holdings's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sally Beauty Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Sally Beauty Holdings Effective Interest Rate on Debt % Calculation

Sally Beauty Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -72.979/( (1734.197+1675.534)/ 2 )
=-1  *  -72.979/1704.8655
=4.28 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1507.805 + 226.392
=1734.197

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1520.882 + 154.652
=1675.534

Sally Beauty Holdings'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  *  -69.256/( (1675.534+1655.464)/ 2 )
=-1  *  -69.256/1665.499
=4.16 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1520.882 + 154.652
=1675.534

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1504.227 + 151.237
=1655.464

* 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.


Sally Beauty Holdings  (NYSE:SBH) Effective Interest Rate on Debt % Explanation

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


Sally Beauty Holdings Effective Interest Rate on Debt % Related Terms

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Sally Beauty Holdings (Sally Beauty Holdings) Business Description

Traded in Other Exchanges
Address
3001 Colorado Boulevard, Denton, TX, USA, 76210
Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.
Executives
Denise Paulonis director, officer: President & CEO 8000 BENT BRANCH DRIVE, IRVING TX 75063
Lawrence Molloy director 19601 N 27TH AVENUE, PHOENIX AZ 85027
Rachel Rothe Bishop director 2021 SPRING ROAD, SUITE 600, OAKBROOK IL 60523
Jeffrey N Boyer director 100 PIER 1 PLACE, FORT WORTH TX 76102
Susan R Mulder director 3001 COLORADO BLVD., DENTON TX 76210
Scott C Sherman officer: SVP & CHRO 3001 COLORADO BLVD., DENTON TX 76210
Robert R Mcmaster director, other: Chairman of the Board 907-B EAST MAIN STREET, HUMBLE TX 77338-4662
Platz Marlo Michelle Cormier officer: SVP, CFO 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
John A Miller director 3001 COLORADO BLVD, DENTON TX 76210
Marshall E Eisenberg director TWO NORTH LASALLE STREET, CHICAGO IL 60602
Edward W Rabin director 200 WEST MADISON STE.3900, CHICAGO IL 60606
Pamela K Kohn officer: See Remarks 3001 COLORADO BLVD, DENTON TX 76210
Mark Gregory Spinks officer: See Remarks 3001 COLORADO BLVD., DENTON TX 76210
Linda Heasley director 4 BATTERYMARCH PARK, QUINCY MA 02169
John M Henrich officer: See Remarks 3001 COLORADO BLVD, DENTON TX 76210