Lucas Bols NV (LTS:0R6E) Effective Interest Rate on Debt % : 5.50% (As of Sep. 2023)

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What is Lucas Bols NV 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. Lucas Bols NV's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was €4.4 Mil. Lucas Bols NV's average total debt for the quarter that ended in Sep. 2023 was €80.0 Mil. Therefore, Lucas Bols NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 5.50%.

Lucas Bols NV Effective Interest Rate on Debt % Historical Data

The historical data trend for Lucas Bols NV'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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Lucas Bols NV Effective Interest Rate on Debt % Chart

Lucas Bols NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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5.04

4.02

3.15

3.13

2.53

Lucas Bols NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.87	3.54	2.37	2.90	5.50

Competitive Comparison of Lucas Bols NV's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, Lucas Bols NV'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.

Lucas Bols NV's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Lucas Bols NV's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lucas Bols NV's Effective Interest Rate on Debt % falls into.

Lucas Bols NV Effective Interest Rate on Debt % Calculation

Lucas Bols NV's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -2.21	/	( (92.306	+	82.506)	/ 2 )
=	-1 * -2.21	/	87.406
=	2.53 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	85.778	+	6.528
=	92.306

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.79	+	10.716
=	82.506

Lucas Bols NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -4.402	/	( (82.506	+	77.499)	/ 2 )
=	-1 * -4.402	/	80.0025
=	5.50 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.79	+	10.716
=	82.506

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	69.448	+	8.051
=	77.499

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

Lucas Bols NV (LTS:0R6E) Effective Interest Rate on Debt % Explanation

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

Lucas Bols NV Effective Interest Rate on Debt % Related Terms

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Lucas Bols NV (LTS:0R6E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lucas Bols NV (LTS:0R6E) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

BOLS:Netherlands BOLSa:UK LUA:Germany

Address

Paulus Potterstraat 14, Amsterdam, NLD, 1071 CZ

Website

https://www.lucasbols.com

Lucas Bols NV is mainly involved in managing the product development, bottling, distribution, sales and marketing of the brands and a large group of Dutch genevers and liqueurs. It has Global brands and Regional brands segments. The company derives the majority of its revenues from the Global Brands segment which consist of the Bols Liqueurs range, Italian Liqueurs (Galliano and Vaccari), the white spirits portfolio (Bols Vodka, Bols Genever and Damrak Gin) and Passoa. The Regional Brands segment represent the brands which in general are sold on one continent and predominantly have an off-premise character. Geographically, the group has a business presence in Western Europe, Asia Pacific, North America and others.

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