SpartanNash Co (FRA:SRJ) Effective Interest Rate on Debt % : 4.40% (As of Dec. 2024)

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What is SpartanNash Co 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. SpartanNash Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €42 Mil. SpartanNash Co's average total debt for the quarter that ended in Dec. 2024 was €946 Mil. Therefore, SpartanNash Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.40%.

SpartanNash Co Effective Interest Rate on Debt % Historical Data

The historical data trend for SpartanNash Co'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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SpartanNash Co Effective Interest Rate on Debt % Chart

SpartanNash Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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1.93

1.88

3.11

4.76

4.62

SpartanNash Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.54	6.25	4.73	4.30	4.40

Competitive Comparison of SpartanNash Co's Effective Interest Rate on Debt %

For the Food Distribution subindustry, SpartanNash Co'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.

SpartanNash Co's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

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

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

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SpartanNash Co Effective Interest Rate on Debt % Calculation

SpartanNash Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -42.81	/	( (793.734	+	1058.541)	/ 2 )
=	-1 * -42.81	/	926.1375
=	4.62 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	747.158	+	46.576
=	793.734

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	998.949	+	59.592
=	1058.541

SpartanNash Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -41.576	/	( (832.821	+	1058.541)	/ 2 )
=	-1 * -41.576	/	945.681
=	4.40 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	785.877	+	46.944
=	832.821

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	998.949	+	59.592
=	1058.541

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

SpartanNash Co (FRA:SRJ) Effective Interest Rate on Debt % Explanation

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

SpartanNash Co Effective Interest Rate on Debt % Related Terms

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SpartanNash Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » SpartanNash Co (FRA:SRJ) » Definitions » Effective Interest Rate on Debt %

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SPTN:USA

Address

850 76th Street SW, P.O. Box 8700, Grand Rapids, MI, USA, 49518-8700

Website

https://www.spartannash.com

SpartanNash Co is a food solutions company that delivers the ingredients. Its principal business activities include, distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores, and U.S. military commissaries and exchanges; as well as operating a fresh produce distribution network and the Our Family private label brand. The company operates in two segments: Retail and Wholesale. Majority of the revenue is earned from its Wholesale segment which uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores.

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