BJ's Wholesale Club Holdings (FRA:8BJ) Effective Interest Rate on Debt % : 1.77% (As of Oct. 2024)

View and export this data going back to 2018. Start your Free Trial

What is BJ's Wholesale Club 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. BJ's Wholesale Club Holdings's annualized positive value of Interest Expense for the quarter that ended in Oct. 2024 was €46 Mil. BJ's Wholesale Club Holdings's average total debt for the quarter that ended in Oct. 2024 was €2,607 Mil. Therefore, BJ's Wholesale Club Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2024 was 1.77%.

BJ's Wholesale Club Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for BJ's Wholesale Club 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.

BJ's Wholesale Club Holdings Effective Interest Rate on Debt % Chart

BJ's Wholesale Club Holdings Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.63

1.91

1.68

1.44

2.04

BJ's Wholesale Club Holdings Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.37	1.75	1.91	1.77	1.77

Competitive Comparison of BJ's Wholesale Club Holdings's Effective Interest Rate on Debt %

For the Discount Stores subindustry, BJ's Wholesale Club 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.

BJ's Wholesale Club Holdings's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, BJ's Wholesale Club Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where BJ's Wholesale Club Holdings's Effective Interest Rate on Debt % falls into.

BJ's Wholesale Club Holdings Effective Interest Rate on Debt % Calculation

BJ's Wholesale Club Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2023 )	+	Total Debt (A: Jan. 2024 ))	/ count )
=	-1 * -57.331	/	( (2891.949	+	2739.716)	/ 2 )
=	-1 * -57.331	/	2815.8325
=	2.04 %

where

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2351.637	+	540.312
=	2891.949

	Total Debt (A: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2305.841	+	433.875
=	2739.716

BJ's Wholesale Club Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2024 )	+	Total Debt (Q: Oct. 2024 ))	/ count )
=	-1 * -46.24	/	( (2615.192	+	2599.449)	/ 2 )
=	-1 * -46.24	/	2607.3205
=	1.77 %

where

	Total Debt (Q: Jul. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2265.038	+	350.154
=	2615.192

	Total Debt (Q: Oct. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2224.637	+	374.812
=	2599.449

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

BJ's Wholesale Club Holdings (FRA:8BJ) Effective Interest Rate on Debt % Explanation

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

BJ's Wholesale Club Holdings Effective Interest Rate on Debt % Related Terms

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

BJ's Wholesale Club Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » BJ's Wholesale Club Holdings Inc (FRA:8BJ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BJ:USA

Address

350 Campus Drive, Marlborough, MA, USA, 01752

Website

https://www.bjs.com

BJ's Wholesale serves as one of the few warehouse club chains in the United States. Its more than 240 warehouses are primarily located along the East Coast, most prominently in the New England area. Similar to its warehouse club peers, BJ's charges annual membership fees and keeps costs down by operating a "no-frills" store environment. The company limits the use of distribution centers where possible and stores inventory on pallets directly on the sales floor, often in bulk quantities. The company also offers a limited assortment of 7,000 stock-keeping units at its warehouses to achieve greater procurement scale on select items. About 80% of BJ's net sales come from grocery items and general merchandise, with the remaining 20% coming from gasoline and other ancillary services.

BJ's Wholesale Club Holdings Headlines

No Headlines