Davide Campari-Milano NV (Davide Campari-Milano NV) Effective Interest Rate on Debt % : 4.05% (As of Dec. 2023)

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What is Davide Campari-Milano NV 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. Davide Campari-Milano NV's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $99 Mil. Davide Campari-Milano NV's average total debt for the quarter that ended in Dec. 2023 was $2,458 Mil. Therefore, Davide Campari-Milano NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.05%.

Davide Campari-Milano NV Effective Interest Rate on Debt % Historical Data

The historical data trend for Davide Campari-Milano NV'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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Davide Campari-Milano NV Effective Interest Rate on Debt % Chart

Davide Campari-Milano NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.13

2.60

1.77

1.84

3.55

Davide Campari-Milano NV 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															2.26	3.43	2.19	3.65	4.05

Competitive Comparison of Davide Campari-Milano NV's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.

Davide Campari-Milano NV's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Davide Campari-Milano NV's Effective Interest Rate on Debt % falls into.

Davide Campari-Milano NV Effective Interest Rate on Debt % Calculation

Davide Campari-Milano NV'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 * -77.208	/	( (1895.444	+	2457.906)	/ 2 )
=	-1 * -77.208	/	2176.675
=	3.55 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1782.097	+	113.347
=	1895.444

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1970.883	+	487.023
=	2457.906

Davide Campari-Milano NV'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 * -99.456	/	( (0	+	2457.906)	/ 1 )
=	-1 * -99.456	/	2457.906
=	4.05 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1970.883	+	487.023
=	2457.906

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.

Davide Campari-Milano NV (OTCPK:DVDCF) Effective Interest Rate on Debt % Explanation

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

Davide Campari-Milano NV Effective Interest Rate on Debt % Related Terms

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Davide Campari-Milano NV (Davide Campari-Milano NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Davide Campari-Milano NV (OTCPK:DVDCF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

DVCMY:USA CPR:Italy CPRm:UK 0ROY:UK 58H:Germany

Address

Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099

Website

https://www.camparigroup.com

Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.