Bloomsbury Publishing (LSE:BMY) Effective Interest Rate on Debt % : 3.30% (As of Aug. 2023)

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What is Bloomsbury Publishing 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. Bloomsbury Publishing's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was £0.3 Mil. Bloomsbury Publishing's average total debt for the quarter that ended in Aug. 2023 was £10.2 Mil. Therefore, Bloomsbury Publishing's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 3.30%.

Bloomsbury Publishing Effective Interest Rate on Debt % Historical Data

The historical data trend for Bloomsbury Publishing'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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Bloomsbury Publishing Effective Interest Rate on Debt % Chart

Bloomsbury Publishing Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

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3.53

4.40

3.86

4.00

Bloomsbury Publishing Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.38	4.42	3.58	4.41	3.30

Competitive Comparison of Bloomsbury Publishing's Effective Interest Rate on Debt %

For the Publishing subindustry, Bloomsbury Publishing'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.

Bloomsbury Publishing's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bloomsbury Publishing's Effective Interest Rate on Debt % distribution charts can be found below:

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

Bloomsbury Publishing Effective Interest Rate on Debt % Calculation

Bloomsbury Publishing's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -0.458	/	( (12.226	+	10.652)	/ 2 )
=	-1 * -0.458	/	11.439
=	4.00 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.961	+	2.265
=	12.226

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.57	+	2.082
=	10.652

Bloomsbury Publishing's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2023 )	+	Total Debt (Q: Aug. 2023 ))	/ count )
=	-1 * -0.338	/	( (10.652	+	9.807)	/ 2 )
=	-1 * -0.338	/	10.2295
=	3.30 %

where

	Total Debt (Q: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.57	+	2.082
=	10.652

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.434	+	2.373
=	9.807

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 (Aug. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bloomsbury Publishing (LSE:BMY) Effective Interest Rate on Debt % Explanation

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

Bloomsbury Publishing Effective Interest Rate on Debt % Related Terms

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Bloomsbury Publishing (LSE:BMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bloomsbury Publishing PLC (LSE:BMY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BMYl:UK BMY.GB:UK 5JZ:Germany

Address

50 Bedford Square, London, GBR, WC1B 3DP

Website

https://www.bloomsbury.com

Bloomsbury Publishing PLC is a publisher of books and other media for general readers, children, students, researchers, and professionals. It offers authors access to these multiple markets in multiple formats throughout the world in print, through e-books, digital downloads, and apps in schools, libraries, universities, and in terrestrial and internet bookshops. The company divisions are Consumer and Non-Consumer. Consumer division is split out into Children's Trade and Adult Trade; and Non-Consumer split between Academic and Professional, Education, Special Interest, and Content Services. It derives maximum revenue from the Consumer division segment. The company operates in the UK, North America, and other countries.