McColl's Retail Group (LSE:MCLS) Effective Interest Rate on Debt % : 5.41% (As of May. 2021)

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What is McColl's Retail 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. McColl's Retail Group's annualized positive value of Interest Expense for the quarter that ended in May. 2021 was £17 Mil. McColl's Retail Group's average total debt for the quarter that ended in May. 2021 was £314 Mil. Therefore, McColl's Retail Group's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2021 was 5.41%.

McColl's Retail Group Effective Interest Rate on Debt % Historical Data

The historical data trend for McColl's Retail 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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McColl's Retail Group Effective Interest Rate on Debt % Chart

McColl's Retail Group Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Effective Interest Rate on Debt %

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5.58

4.86

5.24

5.81

7.66

McColl's Retail Group Semi-Annual Data
	Nov11	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														6.53	5.21	7.32	4.73	5.41

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

For the Grocery Stores subindustry, McColl's Retail 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.

McColl's Retail Group's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

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

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

McColl's Retail Group Effective Interest Rate on Debt % Calculation

McColl's Retail Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2019 )	+	Total Debt (A: Nov. 2020 ))	/ count )
=	-1 * -16.7	/	( (131.2	+	305)	/ 2 )
=	-1 * -16.7	/	218.1
=	7.66 %

where

	Total Debt (A: Nov. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	119.9	+	11.3
=	131.2

	Total Debt (A: Nov. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	272.7	+	32.3
=	305

McColl's Retail Group's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2020 )	+	Total Debt (Q: May. 2021 ))	/ count )
=	-1 * -17	/	( (305	+	323.5)	/ 2 )
=	-1 * -17	/	314.25
=	5.41 %

where

	Total Debt (Q: Nov. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	272.7	+	32.3
=	305

	Total Debt (Q: May. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	292.4	+	31.1
=	323.5

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 (May. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

McColl's Retail Group (LSE:MCLS) Effective Interest Rate on Debt % Explanation

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

McColl's Retail Group Effective Interest Rate on Debt % Related Terms

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McColl's Retail Group (LSE:MCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » McColl's Retail Group PLC (LSE:MCLS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One London Road, Ground Floor West, Brentwood, Essex, GBR, CM14 4QW

Website

https://www.mccolls.co.uk

McColl's Retail Group PLC is a retailer operator of convenience and newsagent stores. The company's products and services include everyday groceries, milk, baked beans, fruit pots, snacks, and ready meals, Lotto, Paypoint, and beers, wines, and spirits. The group operates more than 800 convenience stores and approximately 400 newsagent stores. It derives most of the revenue from convenience stores.

McColl's Retail Group (LSE:MCLS) Headlines

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