PNST (Pinstripes Holdings) Effective Interest Rate on Debt % : 11.45% (As of Jan. 2025)

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What is Pinstripes Holdings 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. Pinstripes Holdings's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was $22.6 Mil. Pinstripes Holdings's average total debt for the quarter that ended in Jan. 2025 was $197.5 Mil. Therefore, Pinstripes Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 11.45%.

Pinstripes Holdings Effective Interest Rate on Debt % Historical Data

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

Pinstripes Holdings Annual Data

Trend

Apr21

Apr22

Apr23

Apr24

Effective Interest Rate on Debt %

1.13

1.50

7.24

Pinstripes Holdings Quarterly Data
	Apr22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					5.61	12.50	10.59	-	11.45

Competitive Comparison of Pinstripes Holdings's Effective Interest Rate on Debt %

For the Restaurants subindustry, Pinstripes Holdings'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.

Pinstripes Holdings's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pinstripes Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Pinstripes Holdings Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2023 )	+	Total Debt (A: Apr. 2024 ))	/ count )
=	-1 * -11.741	/	( (139.38	+	185.01)	/ 2 )
=	-1 * -11.741	/	162.195
=	7.24 %

where

	Total Debt (A: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	127.609	+	11.771
=	139.38

	Total Debt (A: Apr. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	164.933	+	20.077
=	185.01

Pinstripes Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2024 )	+	Total Debt (Q: Jan. 2025 ))	/ count )
=	-1 * -22.616	/	( (0	+	197.517)	/ 1 )
=	-1 * -22.616	/	197.517
=	11.45 %

where

	Total Debt (Q: Oct. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Jan. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	183.543	+	13.974
=	197.517

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 (Jan. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Pinstripes Holdings (OTCPK:PNST) Effective Interest Rate on Debt % Explanation

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

Pinstripes Holdings Effective Interest Rate on Debt % Related Terms

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Pinstripes Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Pinstripes Holdings Inc (OTCPK:PNST) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1150 Willow Road, Northbrook, IL, USA, 60062

Website

https://www.pinstripes.com

Pinstripes Holdings Inc is an experiential dining and entertainment concept combining exceptional Italian-American cuisine with bowling, bocce, and private events. It owns and operates around 17 restaurants in the USA. The company designs and constructs large-format locations that are each 26,000 to 38,000 square feet of interior space, plus additional outdoor patio space that includes outdoor dining, bocce courts, fire-pits, and decorative fountains.