Birkenstock Holding (FRA:7PV) Effective Interest Rate on Debt % : 7.37% (As of Mar. 2024)

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What is Birkenstock Holding 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. Birkenstock Holding's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €110 Mil. Birkenstock Holding's average total debt for the quarter that ended in Mar. 2024 was €1,487 Mil. Therefore, Birkenstock Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.37%.

Birkenstock Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Birkenstock Holding'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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Birkenstock Holding Effective Interest Rate on Debt % Chart

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

39.54

7.43

4.13

6.06

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						5.96	5.42	8.52	8.35	7.37

Competitive Comparison of Birkenstock Holding's Effective Interest Rate on Debt %

For the Footwear & Accessories subindustry, Birkenstock Holding'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.

Birkenstock Holding's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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

Birkenstock Holding Effective Interest Rate on Debt % Calculation

Birkenstock Holding's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -123.285	/	( (2082.723	+	1983.095)	/ 2 )
=	-1 * -123.285	/	2032.909
=	6.06 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2009.546	+	73.177
=	2082.723

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1918.743	+	64.352
=	1983.095

Birkenstock Holding'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 * -109.556	/	( (1472.293	+	1501.207)	/ 2 )
=	-1 * -109.556	/	1486.75
=	7.37 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1417.104	+	55.189
=	1472.293

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1437.966	+	63.241
=	1501.207

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.

Birkenstock Holding (FRA:7PV) Effective Interest Rate on Debt % Explanation

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

Birkenstock Holding Effective Interest Rate on Debt % Related Terms

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Birkenstock Holding (FRA:7PV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (FRA:7PV) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BIRK:USA 7PV:Germany

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

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