XXL ASA (OSL:XXL) Effective Interest Rate on Debt % : 2.51% (As of Mar. 2024)

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What is XXL ASA 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. XXL ASA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr84 Mil. XXL ASA's average total debt for the quarter that ended in Mar. 2024 was kr3,348 Mil. Therefore, XXL ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.51%.

XXL ASA Effective Interest Rate on Debt % Historical Data

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

XXL ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.01

3.47

3.04

3.60

5.36

XXL ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.93	6.75	3.79	5.42	2.51

Competitive Comparison of XXL ASA's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, XXL ASA'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.

XXL ASA's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

XXL ASA Effective Interest Rate on Debt % Calculation

XXL ASA'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 * -191	/	( (3730	+	3395)	/ 2 )
=	-1 * -191	/	3562.5
=	5.36 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2062	+	1668
=	3730

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1804	+	1591
=	3395

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -84	/	( (3395	+	3300)	/ 2 )
=	-1 * -84	/	3347.5
=	2.51 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1804	+	1591
=	3395

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1706	+	1594
=	3300

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

XXL ASA (OSL:XXL) Effective Interest Rate on Debt % Explanation

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

XXL ASA Effective Interest Rate on Debt % Related Terms

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XXL ASA (OSL:XXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » XXL ASA (OSL:XXL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

XXLo:Sweden 0R3P:UK 2XX:Germany

Address

Stromsveien 245, Alna Center, Oslo, NOR, N-0668

Website

https://www.xxlasa.com

XXL ASA is a sports retailer operating in Norway, Sweden, and Finland. The company strategy is to offer the lowest prices and the broadest assortment of products with focus on branded goods. The products are organized into six product categories: shoes, sportwear, outdoor, ski/bike, hunting and sports, and health and fitness. The product categories provide equipment, casual wear, sportswear, shoes, sleeping bags, cooking equipment, firearms, binoculars, GPS equipment, knives, axes, backpacks, and maps for various sports, including water sports, football, golf, tennis, ski, snowboarding, and hunting. The brands offered are mainly well-known and international: Nike, Adidas, Puma, O'Neill, Scott, Umarex, Nikon, Atomic, Fischer, Rossignol, Oakley, and Commaster, among others.

XXL ASA (OSL:XXL) Headlines

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