a.k.a. Brands Holding (a.k.a. Brands Holding) Effective Interest Rate on Debt % : 6.39% (As of Mar. 2024)

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What is a.k.a. Brands Holding 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. a.k.a. Brands Holding's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $9.1 Mil. a.k.a. Brands Holding's average total debt for the quarter that ended in Mar. 2024 was $142.6 Mil. Therefore, a.k.a. Brands Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.39%.

a.k.a. Brands Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for a.k.a. Brands Holding'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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a.k.a. Brands Holding Effective Interest Rate on Debt % Chart

a.k.a. Brands Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

3.76

3.64

12.93

4.39

6.96

a.k.a. Brands Holding Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												6.33	6.69	7.14	7.50	6.39

Competitive Comparison of a.k.a. Brands Holding's Effective Interest Rate on Debt %

For the Internet Retail subindustry, a.k.a. Brands Holding'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.

a.k.a. Brands Holding's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, a.k.a. Brands Holding's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where a.k.a. Brands Holding's Effective Interest Rate on Debt % falls into.

a.k.a. Brands Holding Effective Interest Rate on Debt % Calculation

a.k.a. Brands Holding'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 * -11.165	/	( (184.696	+	136.248)	/ 2 )
=	-1 * -11.165	/	160.472
=	6.96 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	172.453	+	12.243
=	184.696

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	125.438	+	10.81
=	136.248

a.k.a. Brands Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -9.112	/	( (136.248	+	148.947)	/ 2 )
=	-1 * -9.112	/	142.5975
=	6.39 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	125.438	+	10.81
=	136.248

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	136.202	+	12.745
=	148.947

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

a.k.a. Brands Holding (NYSE:AKA) Effective Interest Rate on Debt % Explanation

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

a.k.a. Brands Holding Effective Interest Rate on Debt % Related Terms

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a.k.a. Brands Holding (a.k.a. Brands Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » a.k.a. Brands Holding Corp (NYSE:AKA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Montgomery Street, Suite 1600, San Francisco, CA, USA, 94104

Website

https://www.aka-brands.com

a.k.a. Brands Holding Corp is an online fashion retailer focused on acquiring and accelerating the growth of next-generation, digitally native fashion brands targeting Gen Z and Millennial customers.

Executives

Ciaran Joseph Long	officer: Chief Financial Officer	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Myles B Mccormick	director	C/O BARE ESCENTUALS, INC., 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Sourav Ghosh	director	6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Jill Elizabeth Ramsey	director, officer: Chief Executive Officer	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Ilene Eskenazi	director	10850 VIA FRONTERA, SAN DIEGO CA 92127
Simon Andrew Beard	director, 10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Beard Trading Pty Ltd.	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Jonathan Edward Harvey	officer: See Remarks	C/O A.K.A. BRANDS HOLDING CORP, 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
John Robert Gonneville	officer: See Remarks	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Bryett Enterprises Pty Ltd.	10 percent owner	5 SHORT ST., BURLEIGH HEADS C3 4220
Michael Frank Trembley	officer: See remarks	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Tah Nee Aleman Family Trust	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tah-nee Beard	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tf Apparel Discretionary Trust	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Summit Partners Growth Equity Fund Ix-a Aiv, L.p.	10 percent owner	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116