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The One Group Hospitality (The One Group Hospitality) Effective Interest Rate on Debt % : 3.91% (As of Dec. 2023)


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What is The One Group Hospitality 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. The One Group Hospitality's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $7.7 Mil. The One Group Hospitality's average total debt for the quarter that ended in Dec. 2023 was $197.1 Mil. Therefore, The One Group Hospitality's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.91%.


The One Group Hospitality Effective Interest Rate on Debt % Historical Data

The historical data trend for The One Group Hospitality'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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The One Group Hospitality Effective Interest Rate on Debt % Chart

The One Group Hospitality Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 3.46 2.59 1.34 3.67

The One Group Hospitality 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 1.80 3.87 3.51 3.49 3.91

Competitive Comparison of The One Group Hospitality's Effective Interest Rate on Debt %

For the Restaurants subindustry, The One Group Hospitality'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.


The One Group Hospitality's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The One Group Hospitality's Effective Interest Rate on Debt % distribution charts can be found below:

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



The One Group Hospitality Effective Interest Rate on Debt % Calculation

The One Group Hospitality's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -7.028/( (183.627+199.288)/ 2 )
=-1  *  -7.028/191.4575
=3.67 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=175.791 + 7.836
=183.627

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=190.891 + 8.397
=199.288

The One Group Hospitality'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  *  -7.704/( (194.884+199.288)/ 2 )
=-1  *  -7.704/197.086
=3.91 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=186.88 + 8.004
=194.884

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=190.891 + 8.397
=199.288

* 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.


The One Group Hospitality  (NAS:STKS) Effective Interest Rate on Debt % Explanation

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


The One Group Hospitality Effective Interest Rate on Debt % Related Terms

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The One Group Hospitality (The One Group Hospitality) Business Description

Traded in Other Exchanges
Address
1624 Market Street, Suite 311, Denver, CO, USA, 80202
The One Group Hospitality Inc develops and operates restaurants and lounges and provides food and beverage services for hospitality venues, including hotels, casinos, and other high-end locations internationally. The company operates through four segments: STK, Kona Grill, ONE Hospitality, and Corporate. The company generates the vast majority of its revenue from the domestic market.
Executives
Dimitrios Angelis director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Philotimo Focused Growth & Income Fund other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Jonathan Segal director, officer: Director, Business Development 411 WEST 14TH STREET, NEW YORK NY 10014
Haydee Olinger director 1628 NEWTON AVENUE, PARK RIDGE IL 60068
Eugene M Bullis director 11825 N PENNSYLVANIA ST, CARMEL PA 46032
Emanuel N Hilario director, officer: President and CEO 640 N LASALLE STREET, SUITE 295, CHICAGO IL 60610
Christi Hing officer: Chief Accounting Officer 7150 E. CAMELBACK ROAD, SUITE 220, SCOTTSDALE AZ 85251
Susan Lintonsmith director 9552 E. SILENT HILLS PLACE, LONE TREE CO 80124
Michael Serruya director C/O RESPONSE GENETICS, INC., 1640 MARENGO ST., 6TH FLOOR, LOS ANGELES CA 90033
Tyler Loy officer: Chief Financial Officer 411 WEST 14TH STREET, NEW YORK NY 10014
David Kanen 10 percent owner, other: Passive Investor 6429 NW 65TH WAY, PARKLAND FL 33067
Linda Siluk officer: Chief Administrative Officer C/O FAIRWAY GROUP HOLDINGS CORP., 2284 12TH AVENUE, NEW YORK NY 10027
Philotimo Fund, Lp 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kin Chan director UNIT 601-2, 6TH FLOOR, ST. GEORGE'S BUILDING, 2 ICE HOUSE ST., CENTRAL K3 00000