The Convenience Shop Holding (MAL:CVS) Effective Interest Rate on Debt % : 4.30% (As of Dec. 2023)

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What is The Convenience Shop Holding 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. The Convenience Shop Holding's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.80 Mil. The Convenience Shop Holding's average total debt for the quarter that ended in Dec. 2023 was €18.55 Mil. Therefore, The Convenience Shop Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.30%.

The Convenience Shop Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for The Convenience Shop Holding'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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The Convenience Shop Holding Effective Interest Rate on Debt % Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

Effective Interest Rate on Debt %

6.17

4.80

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	-	6.22	5.39	4.30

Competitive Comparison of The Convenience Shop Holding's Effective Interest Rate on Debt %

For the Department Stores subindustry, The Convenience Shop Holding'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.

The Convenience Shop Holding's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where The Convenience Shop Holding's Effective Interest Rate on Debt % falls into.

The Convenience Shop Holding Effective Interest Rate on Debt % Calculation

The Convenience Shop Holding's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.824	/	( (15.764	+	18.552)	/ 2 )
=	-1 * -0.824	/	17.158
=	4.80 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.875	+	0.889
=	15.764

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.231	+	1.321
=	18.552

The Convenience Shop Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.798	/	( (0	+	18.552)	/ 1 )
=	-1 * -0.798	/	18.552
=	4.30 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.231	+	1.321
=	18.552

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

The Convenience Shop Holding (MAL:CVS) Effective Interest Rate on Debt % Explanation

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

The Convenience Shop Holding Effective Interest Rate on Debt % Related Terms

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The Convenience Shop Holding (MAL:CVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.