GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AdvancePierre Foods Holdings Inc (FRA:1AC) » Definitions » Effective Interest Rate on Debt %

AdvancePierre Foods Holdings (FRA:1AC) Effective Interest Rate on Debt % : 4.92% (As of Mar. 2017)


View and export this data going back to 2016. Start your Free Trial

What is AdvancePierre Foods Holdings 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. AdvancePierre Foods Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was €50 Mil. AdvancePierre Foods Holdings's average total debt for the quarter that ended in Mar. 2017 was €1,016 Mil. Therefore, AdvancePierre Foods Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was 4.92%.


AdvancePierre Foods Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for AdvancePierre Foods Holdings'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.

AdvancePierre Foods Holdings Effective Interest Rate on Debt % Chart

AdvancePierre Foods Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
- 8.20 8.71 9.11

AdvancePierre Foods Holdings Quarterly Data
Dec13 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.30 11.92 4.85 17.78 4.92

Competitive Comparison of AdvancePierre Foods Holdings's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, AdvancePierre Foods Holdings'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.


AdvancePierre Foods Holdings's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AdvancePierre Foods Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where AdvancePierre Foods Holdings's Effective Interest Rate on Debt % falls into.



AdvancePierre Foods Holdings Effective Interest Rate on Debt % Calculation

AdvancePierre Foods Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -99.251/( (1155.356+1022.827)/ 2 )
=-1  *  -99.251/1089.0915
=9.11 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1132.662 + 22.694
=1155.356

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1022.567 + 0.26
=1022.827

AdvancePierre Foods Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2016 )+Total Debt  (Q: Mar. 2017 ))/ count )
=-1  *  -50.016/( (1022.827+1010.04)/ 2 )
=-1  *  -50.016/1016.4335
=4.92 %

where

Total Debt  (Q: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1022.567 + 0.26
=1022.827

Total Debt  (Q: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1009.596 + 0.444
=1010.04

* 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 (Mar. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


AdvancePierre Foods Holdings  (FRA:1AC) Effective Interest Rate on Debt % Explanation

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


AdvancePierre Foods Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of AdvancePierre Foods Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


AdvancePierre Foods Holdings (FRA:1AC) Business Description

Traded in Other Exchanges
N/A
Address
AdvancePierre Foods Holdings Inc was incorporated in Delaware on December 5, 2008 as Pierre Foods Holding Corporation and changed its name to AdvancePierre Foods Holdings, Inc., on March 16, 2016. The Company is a producer and distributor of value-added, ready-to-eat sandwiches, sandwich components and other entrées and snacks. It markets and distributes multiple product categories including ready-to-eat sandwiches, such as breakfast sandwiches, PB&J sandwiches and hamburgers; sandwich components, such as fully-cooked hamburger and chicken patties and Philly steaks; and other entrées and snacks, such as country fried steak, stuffed entrées, chicken tenders and cinnamon dough bites. The Company sells its value-added products to the foodservice, retail and convenience channels, as well as in the industrial channel. It operates in four segments Foodservice, Retail, Convenience and Industrial. Its Foodservice customers include national and regional distributors, who sells Company's products to end-customers including restaurant operators, schools, U.S. military and grocery deli counters. Its Retail segment serves an array of retail customers including national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores. The Convenience segment represents outlet for ready-to-eat sandwiches and includes sales to vending providers. Industrial segment consists of sales to other food producers under short-term co-manufacturing agreements. Its competitors include American Food Group, CTI, Allied Specialty Foods, Devault Foods, Lopez Foods and JTM Food Group.

AdvancePierre Foods Holdings (FRA:1AC) Headlines

No Headlines