Tesco (MEX:TSCO) Effective Interest Rate on Debt % : 5.81% (As of Aug. 2024)

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What is Tesco 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. Tesco's annualized positive value of Interest Expense for the quarter that ended in Aug. 2024 was MXN20,134 Mil. Tesco's average total debt for the quarter that ended in Aug. 2024 was MXN346,831 Mil. Therefore, Tesco's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 was 5.81%.

Tesco Effective Interest Rate on Debt % Historical Data

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

Tesco Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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4.11

4.44

4.10

3.77

5.39

Tesco Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.71	4.21	5.29	5.33	5.81

Competitive Comparison of Tesco's Effective Interest Rate on Debt %

For the Grocery Stores subindustry, Tesco'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.

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

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

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

Tesco Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -17617.985	/	( (334065.109	+	319643.659)	/ 2 )
=	-1 * -17617.985	/	326854.384
=	5.39 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	281666.649	+	52398.46
=	334065.109

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	273983.356	+	45660.303
=	319643.659

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2024 )	+	Total Debt (Q: Aug. 2024 ))	/ count )
=	-1 * -20134.328	/	( (319643.659	+	374018.136)	/ 2 )
=	-1 * -20134.328	/	346830.8975
=	5.81 %

where

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	273983.356	+	45660.303
=	319643.659

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	319772.986	+	54245.15
=	374018.136

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Tesco (MEX:TSCO) Effective Interest Rate on Debt % Explanation

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

Tesco Effective Interest Rate on Debt % Related Terms

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Tesco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tesco PLC (MEX:TSCO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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Address

Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website

https://www.tescoplc.com

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.