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Petco Health and Wellness Co (Petco Health and Wellness Co) Effective Interest Rate on Debt %

: 5.23% (As of Jan. 2024)
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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. Petco Health and Wellness Co's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $159 Mil. Petco Health and Wellness Co's average total debt for the quarter that ended in Jan. 2024 was $3,031 Mil. Therefore, Petco Health and Wellness Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 5.23%.


Petco Health and Wellness Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Petco Health and Wellness Co'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.

* Premium members only.

Petco Health and Wellness Co Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Premium Member Only 6.39 5.70 2.56 3.29 4.90

Petco Health and Wellness Co Quarterly Data
Jan19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.23 4.83 4.94 4.82 5.23

Competitive Comparison

For the Specialty Retail subindustry, Petco Health and Wellness Co'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.


Petco Health and Wellness Co Effective Interest Rate on Debt % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Petco Health and Wellness Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Petco Health and Wellness Co's Effective Interest Rate on Debt % falls into.



Petco Health and Wellness Co Effective Interest Rate on Debt % Calculation

Petco Health and Wellness Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -150.909/( (3132.688+3027.517)/ 2 )
=-1  *  -150.909/3080.1025
=4.90 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2800.128 + 332.56
=3132.688

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2701.048 + 326.469
=3027.517

Petco Health and Wellness Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -158.632/( (3034.924+3027.517)/ 2 )
=-1  *  -158.632/3031.2205
=5.23 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2723.867 + 311.057
=3034.924

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2701.048 + 326.469
=3027.517

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Petco Health and Wellness Co  (NAS:WOOF) Effective Interest Rate on Debt % Explanation

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


Petco Health and Wellness Co Effective Interest Rate on Debt % Related Terms

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Petco Health and Wellness Co (Petco Health and Wellness Co) Business Description

Traded in Other Exchanges
Address
10850 Via Frontera, San Diego, CA, USA, 92127
Petco Health and Wellness Co Inc offer pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.
Executives
Gary S Briggs director 117 ADAMS STREET, C/O ETSY, BROOKLYN NY 11201
Giovanni Insana officer: See Remarks 10850 VIA FRONTERA, SAN DIEGO CA 92127
Iris Yen director 10850 VIA FRONTERA, SAN DIEGO CA 92127
David Lubek director 10850 VIA FRONTERA, SAN DIEGO CA 92127
Ron Coughlin director, officer: Chief Executive Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Justin Tichy officer: Chief Stores Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Jason Heffelfinger officer: Chief Services Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Amy College officer: Chief Merchandising Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Michael Nuzzo officer: EVP, CFO & COO 6301 FITCH PATH, NEW ALBANY OH 43054
Brian Larose officer: Chief Financial Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Katherine Nauman officer: Chief Marketing Officer 10850 VIA FRONTERA, SAN DIEGO CA 92127
Cvc Pet Lp 10 percent owner ONE MARITIME PLAZA, 16TH FLOOR, 300 CLAY STREET, SAN FRANCISCO CA 94111
Scooby Aggregator, Lp 10 percent owner ONE MARITIME PLAZA, 16TH FLOOR, 300 CLAY STREET, SAN FRANCISCO CA 94111
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Rajendra M Mohan director 1600 HARBOR BAY PARKWAY STE 200, C/O GOOD GUYS INC, ALAMEDA CA 94502