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Shoppers Drug Mart (FRA:SDZ) Effective Interest Rate on Debt % : 3.93% (As of Dec. 2013)


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What is Shoppers Drug Mart 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. Shoppers Drug Mart's annualized positive value of Interest Expense for the quarter that ended in Dec. 2013 was €31 Mil. Shoppers Drug Mart's average total debt for the quarter that ended in Dec. 2013 was €792 Mil. Therefore, Shoppers Drug Mart's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 was 3.93%.


Shoppers Drug Mart Effective Interest Rate on Debt % Historical Data

The historical data trend for Shoppers Drug Mart'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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Shoppers Drug Mart Effective Interest Rate on Debt % Chart

Shoppers Drug Mart Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 4.73 - 5.25 4.68

Shoppers Drug Mart Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 4.49 4.49 4.28 4.79 3.93

Competitive Comparison of Shoppers Drug Mart's Effective Interest Rate on Debt %

For the Pharmaceutical Retailers subindustry, Shoppers Drug Mart'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.


Shoppers Drug Mart's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shoppers Drug Mart's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shoppers Drug Mart's Effective Interest Rate on Debt % falls into.



Shoppers Drug Mart Effective Interest Rate on Debt % Calculation

Shoppers Drug Mart's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -36.356/( (860.472+694.108)/ 2 )
=-1  *  -36.356/777.29
=4.68 %

where

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=190.16 + 670.312
=860.472

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=340.322 + 353.786
=694.108

Shoppers Drug Mart's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2013 )+Total Debt  (Q: Dec. 2013 ))/ count )
=-1  *  -31.148/( (890.582+694.108)/ 2 )
=-1  *  -31.148/792.345
=3.93 %

where

Total Debt  (Q: Sep. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=358.544 + 532.038
=890.582

Total Debt  (Q: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=340.322 + 353.786
=694.108

* 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 (Dec. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Shoppers Drug Mart  (FRA:SDZ) Effective Interest Rate on Debt % Explanation

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


Shoppers Drug Mart Effective Interest Rate on Debt % Related Terms

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Shoppers Drug Mart (FRA:SDZ) Business Description

Traded in Other Exchanges
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Shoppers Drug Mart Corporation was founded in 1962. The Company is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in Québec). The stores are owned and operated by the Company's licensed Associate-owners who have helped build a brand that is synonymous with exceptional service, value and trust. The Company also licenses or owns more than 55 medical clinic pharmacies operating under the name Shoppers Simply Pharmacy (Pharmaprix Simplement Santé in Québec) and six luxury beauty destinations operating as Murale. The Company owns and operates 62 Shoppers Home Health Care stores, which are engaged in the sale and service of assisted-living devices, medical equipment, home-care products and durable mobility equipment to institutional and retail customers. In addition to its retail store network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities.

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