Lewis Group (JSE:LEW) Effective Interest Rate on Debt % : 9.60% (As of Sep. 2024)

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What is Lewis Group 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. Lewis Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was R198 Mil. Lewis Group's average total debt for the quarter that ended in Sep. 2024 was R2,065 Mil. Therefore, Lewis Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 9.60%.

Lewis Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Lewis Group'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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Lewis Group Effective Interest Rate on Debt % Chart

Lewis Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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5.57

8.21

5.32

9.77

10.65

Lewis Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.58	10.22	9.53	9.85	9.60

Competitive Comparison of Lewis Group's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Lewis Group'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.

Lewis Group's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

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Lewis Group Effective Interest Rate on Debt % Calculation

Lewis Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -161.2	/	( (1312.5	+	1715.9)	/ 2 )
=	-1 * -161.2	/	1514.2
=	10.65 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	680.3	+	632.2
=	1312.5

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1049.4	+	666.5
=	1715.9

Lewis Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -198.2	/	( (1715.9	+	2413.3)	/ 2 )
=	-1 * -198.2	/	2064.6
=	9.60 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1049.4	+	666.5
=	1715.9

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1008.4	+	1404.9
=	2413.3

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 two times the semi-annual (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Lewis Group (JSE:LEW) Effective Interest Rate on Debt % Explanation

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

Lewis Group Effective Interest Rate on Debt % Related Terms

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Lewis Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lewis Group Ltd (JSE:LEW) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

53A Victoria Road, Universal House, Woodstock, Cape Town, ZAF, 7925

Website

https://www.lewisgroup.co.za

Lewis Group Ltd is a South Africa-based retailer of household furniture and electrical appliances through its three trading brands, Lewis, Beares, and Best Home and Electric. Lewis sells a range of household furniture, electrical appliances, and home electronics to customers in the LSM 4 to 7 categories. Best Home and Electric is a retailer of electrical appliances, sound and vision equipment, and furniture, targeting LSM four to seven customers. Its operating segments are Traditional retail and Cash retail. The company generates majority of the revenue from Traditional retail segment. Beares is a retailer of upmarket furniture, electrical appliances, and home electronics to customers in the LSM 6 to 9 categories.

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