Aegis Brands (FRA:6I9) Effective Interest Rate on Debt % : 9.99% (As of Mar. 2024)

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What is Aegis Brands 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. Aegis Brands's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €2.34 Mil. Aegis Brands's average total debt for the quarter that ended in Mar. 2024 was €23.43 Mil. Therefore, Aegis Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.99%.

Aegis Brands Effective Interest Rate on Debt % Historical Data

The historical data trend for Aegis Brands'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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Aegis Brands Effective Interest Rate on Debt % Chart

Aegis Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.18

6.97

3.34

7.80

Aegis Brands 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															8.69	9.45	8.74	8.22	9.99

Competitive Comparison of Aegis Brands's Effective Interest Rate on Debt %

For the Restaurants subindustry, Aegis Brands'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.

Aegis Brands's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Aegis Brands's Effective Interest Rate on Debt % distribution charts can be found below:

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

Aegis Brands Effective Interest Rate on Debt % Calculation

Aegis Brands'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 * -2.508	/	( (40.561	+	23.763)	/ 2 )
=	-1 * -2.508	/	32.162
=	7.80 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.162	+	2.399
=	40.561

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.608	+	2.155
=	23.763

Aegis Brands'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 * -2.34	/	( (23.763	+	23.101)	/ 2 )
=	-1 * -2.34	/	23.432
=	9.99 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.608	+	2.155
=	23.763

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.576	+	2.525
=	23.101

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.

Aegis Brands (FRA:6I9) Effective Interest Rate on Debt % Explanation

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

Aegis Brands Effective Interest Rate on Debt % Related Terms

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Aegis Brands (FRA:6I9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Aegis Brands Inc. (FRA:6I9) » Definitions » Effective Interest Rate on Debt %

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AEG:Canada

Address

2040 Yonge Street, Suite 200B, Toronto, ON, CAN, M4S 1Z9

Website

https://www.aegisbrands.ca

Aegis Brands Inc. is a consolidator of brands in the food and beverage space with the view to allow entrepreneurial spirit while providing shared services that encourage unlimited growth.. The company operates the Second Cup Coffee Co TM specialty coffee business as part of a portfolio of brands that also includes its retail brands Bridgehead Coffee and Hemisphere Cannabis CoTM. The company owns the trademarks, trade names, operating procedures and systems and other intellectual property used in connection with the operation of these brands in Canada. Its revenues comprise royalties from franchised cafes, the sale of goods from company-operated cafes and retail cannabis dispensaries, the sale of goods through retail and other ancillary channels, and other service fees.

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