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BNED (Barnes & Noble Education) Effective Interest Rate on Debt % : 4.68% (As of Oct. 2024)


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What is Barnes & Noble Education 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. Barnes & Noble Education's annualized positive value of Interest Expense for the quarter that ended in Oct. 2024 was $22 Mil. Barnes & Noble Education's average total debt for the quarter that ended in Oct. 2024 was $467 Mil. Therefore, Barnes & Noble Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2024 was 4.68%.


Barnes & Noble Education Effective Interest Rate on Debt % Historical Data

The historical data trend for Barnes & Noble Education'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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Barnes & Noble Education Effective Interest Rate on Debt % Chart

Barnes & Noble Education Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 1.78 2.02 3.98 6.26

Barnes & Noble Education Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 7.62 8.05 -0.94 6.46 4.68

Competitive Comparison of Barnes & Noble Education's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Barnes & Noble Education'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.


Barnes & Noble Education's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Barnes & Noble Education's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Barnes & Noble Education's Effective Interest Rate on Debt % falls into.



Barnes & Noble Education Effective Interest Rate on Debt % Calculation

Barnes & Noble Education's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2023 )+Total Debt  (A: Apr. 2024 ))/ count )
=-1  *  -28.393/( (466.885+440.736)/ 2 )
=-1  *  -28.393/453.8105
=6.26 %

where

Total Debt  (A: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=366.905 + 99.98
=466.885

Total Debt  (A: Apr. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=338.53 + 102.206
=440.736

Barnes & Noble Education's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2024 )+Total Debt  (Q: Oct. 2024 ))/ count )
=-1  *  -21.852/( (501.955+432.238)/ 2 )
=-1  *  -21.852/467.0965
=4.68 %

where

Total Debt  (Q: Jul. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=354.116 + 147.839
=501.955

Total Debt  (Q: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=307.299 + 124.939
=432.238

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


Barnes & Noble Education  (NYSE:BNED) Effective Interest Rate on Debt % Explanation

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


Barnes & Noble Education Effective Interest Rate on Debt % Related Terms

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Barnes & Noble Education Business Description

Traded in Other Exchanges
Address
120 Mountain View Boulevard, Basking Ridge, NJ, USA, 07920
Barnes & Noble Education Inc is an operator of bookstores in college and university campuses across the United States. The company is also engaged in providing digital education services. It operates in three reportable segments that include Retail offers existing and prospective clients the flexibility of physical, virtual, or custom store solutions, and wholesale is comprised of the wholesale and virtual retail fulfillment, and support operations of the MBS subsidiary, also Corporate Services represent unallocated shared-service costs which include corporate level expenses and other governance functions, including executive functions, such as accounting, legal, treasury, information technology, and human resources. It earns majority of the revenue from Retail segment.
Executives
Jonathan Shar officer: EVP, Retail & Client Solutions C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
Rory Wallace 10 percent owner 767 3RD AVE, 11TH FLOOR, NEW YORK NY 10017
Kevin Watson officer: EVP, CFO 1111 STEWART AVENUE, BETHPAGE NY 11714
Raphael Wallander director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Steven G Panagos director C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
Michael Huseby director 12405 POWERSCOURT DR, C/O CHARTER COMMUNICATIONS, ST LOUIS MO 63131
Denise Warren director 209 REDWOOD SHORES PKWY, REDWOOD CITY CA 94065
Mario R. Dell'aera director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAINVIEW BLVD., BASKING RIDGE NJ 07920
Kathryn Eberle Walker director 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Zachary Levenick other: See Explanation of Responses 840 SOUTH GRAND AVENUE, PASADENA CA 91105
David G Golden director C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Miller Michael Connolly officer: CLO & VP Corp Affairs C/O BARNES & NOBLE EDUCATION, INC, 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Nenke David W. B. officer: Pres, DSS C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
David A Wilson director
David Gordon Henderson officer: Pres, MBS; EVP, Strat Services C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920