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Sears Canada Effective Interest Rate on Debt %

: 17.75% (As of Apr. 2017)
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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. Sears Canada's annualized positive value of Interest Expense for the quarter that ended in Apr. 2017 was $11 Mil. Sears Canada's average total debt for the quarter that ended in Apr. 2017 was $60 Mil. Therefore, Sears Canada's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2017 was 17.75%.


Sears Canada Effective Interest Rate on Debt % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Sears Canada Annual Data
Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.37 21.30 2.95 33.95 41.63

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 28.42 34.92 91.24 5.78 17.75

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.


Sears Canada Effective Interest Rate on Debt % Distribution

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



Sears Canada Effective Interest Rate on Debt % Calculation

Sears Canada's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2016 )+Total Debt  (A: Jan. 2017 ))/ count )
=-1  *  -6.7511188652052/( (17.032657657658+15.39861943412)/ 2 )
=-1  *  -6.7511188652052/16.215638545889
=41.63 %

where

Total Debt  (A: Jan. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.217342342342 + 2.8153153153153
=17.032657657658

Total Debt  (A: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.59197451263 + 2.8066449214898
=15.39861943412

Sears Canada's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2017 )+Total Debt  (Q: Apr. 2017 ))/ count )
=-1  *  -10.716677829873/( (15.39861943412+105.38066532708)/ 2 )
=-1  *  -10.716677829873/60.389642380601
=17.75 %

where

Total Debt  (Q: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.59197451263 + 2.8066449214898
=15.39861943412

Total Debt  (Q: Apr. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=102.40381037434 + 2.9768549527424
=105.38066532708

* All numbers are in millions except for per share data and ratio. All numbers 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 (Apr. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Sears Canada  (OTCPK:SRSCQ) Effective Interest Rate on Debt % Explanation

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


Sears Canada Effective Interest Rate on Debt % Related Terms


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