Lvmh Moet Hennessy Louis Vuitton SE (WBO:MC) Effective Interest Rate on Debt %

: 2.89% (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. Lvmh Moet Hennessy Louis Vuitton SE's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €1,136 Mil. Lvmh Moet Hennessy Louis Vuitton SE's average total debt for the quarter that ended in Dec. 2023 was €39,333 Mil. Therefore, Lvmh Moet Hennessy Louis Vuitton SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.89%.

Lvmh Moet Hennessy Louis Vuitton SE Effective Interest Rate on Debt % Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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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Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.46

1.15

0.66

1.09

2.62

Lvmh Moet Hennessy Louis Vuitton SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.62	0.71	1.35	2.15	2.89

Competitive Comparison

For the Luxury Goods subindustry, Lvmh Moet Hennessy Louis Vuitton SE'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.

Lvmh Moet Hennessy Louis Vuitton SE Effective Interest Rate on Debt % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Lvmh Moet Hennessy Louis Vuitton SE's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lvmh Moet Hennessy Louis Vuitton SE's Effective Interest Rate on Debt % falls into.

Lvmh Moet Hennessy Louis Vuitton SE Effective Interest Rate on Debt % Calculation

Lvmh Moet Hennessy Louis Vuitton SE'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 * -973	/	( (35467	+	38876)	/ 2 )
=	-1 * -973	/	37171.5
=	2.62 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23155	+	12312
=	35467

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25037	+	13839
=	38876

Lvmh Moet Hennessy Louis Vuitton SE'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1136	/	( (39789	+	38876)	/ 2 )
=	-1 * -1136	/	39332.5
=	2.89 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21822	+	17967
=	39789

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25037	+	13839
=	38876

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Lvmh Moet Hennessy Louis Vuitton SE (WBO:MC) Effective Interest Rate on Debt % Explanation

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

Lvmh Moet Hennessy Louis Vuitton SE Effective Interest Rate on Debt % Related Terms

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Lvmh Moet Hennessy Louis Vuitton SE (WBO:MC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (WBO:MC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LVMUY:USA LVMHF:USA LVMH01:Thailand MC:Mexico LVMH:Italy MCp:UK 0HAU:UK MC:France MOH:Germany

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.