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Reynolds Consumer Products (FRA:3ZT) Effective Interest Rate on Debt % : 5.26% (As of Mar. 2024)


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What is Reynolds Consumer Products 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. Reynolds Consumer Products's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €92 Mil. Reynolds Consumer Products's average total debt for the quarter that ended in Mar. 2024 was €1,749 Mil. Therefore, Reynolds Consumer Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.26%.


Reynolds Consumer Products Effective Interest Rate on Debt % Historical Data

The historical data trend for Reynolds Consumer Products'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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Reynolds Consumer Products Effective Interest Rate on Debt % Chart

Reynolds Consumer Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.77 1.90 2.05 3.72 7.00

Reynolds Consumer Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 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 5.36 5.74 5.97 10.67 5.26

Competitive Comparison of Reynolds Consumer Products's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Reynolds Consumer Products'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.


Reynolds Consumer Products's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Reynolds Consumer Products's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Reynolds Consumer Products's Effective Interest Rate on Debt % falls into.



Reynolds Consumer Products Effective Interest Rate on Debt % Calculation

Reynolds Consumer Products'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  *  -132.048/( (2037.152+1733.13)/ 2 )
=-1  *  -132.048/1885.141
=7.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2000.336 + 36.816
=2037.152

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1718.458 + 14.672
=1733.13

Reynolds Consumer Products'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  *  -92/( (1733.13+1765.48)/ 2 )
=-1  *  -92/1749.305
=5.26 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1718.458 + 14.672
=1733.13

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1748.92 + 16.56
=1765.48

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


Reynolds Consumer Products  (FRA:3ZT) Effective Interest Rate on Debt % Explanation

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


Reynolds Consumer Products Effective Interest Rate on Debt % Related Terms

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Reynolds Consumer Products (FRA:3ZT) Business Description

Traded in Other Exchanges
Address
1900 W. Field Court, Lake Forest, IL, USA, 60045
Reynolds Consumer Products Inc is a provider of household products. The firm is engaged in the production and sales of cooking products, waste and storage products, and tableware. It operates through four reportable segments namely, Reynolds Cooking and Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products. Reynolds Cooking and Baking segment produce branded and store brand aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags and slow cooker liners.

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