GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsara Luggage Inc (OTCPK:SAML) » Definitions » Effective Interest Rate on Debt %

Samsara Luggage (Samsara Luggage) Effective Interest Rate on Debt % : 0.94% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Samsara Luggage 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. Samsara Luggage's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.02 Mil. Samsara Luggage's average total debt for the quarter that ended in Mar. 2024 was $1.71 Mil. Therefore, Samsara Luggage's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.94%.


Samsara Luggage Effective Interest Rate on Debt % Historical Data

The historical data trend for Samsara Luggage'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.

* Premium members only.

Samsara Luggage Effective Interest Rate on Debt % Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.19 78.89 40.00 167.52 17.29

Samsara Luggage Quarterly Data
Apr19 Jul19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.19 16.14 11.79 8.15 0.94

Competitive Comparison of Samsara Luggage's Effective Interest Rate on Debt %

For the Footwear & Accessories subindustry, Samsara Luggage'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.


Samsara Luggage's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's Effective Interest Rate on Debt % distribution charts can be found below:

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



Samsara Luggage Effective Interest Rate on Debt % Calculation

Samsara Luggage'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  *  -0.227/( (1.228+1.398)/ 2 )
=-1  *  -0.227/1.313
=17.29 %

where

Samsara Luggage'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  *  -0.016/( (1.398+2.014)/ 2 )
=-1  *  -0.016/1.706
=0.94 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.71 + 1.304
=2.014

* 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.

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.


Samsara Luggage  (OTCPK:SAML) Effective Interest Rate on Debt % Explanation

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


Samsara Luggage Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Samsara Luggage's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Samsara Luggage (Samsara Luggage) Business Description

Traded in Other Exchanges
N/A
Address
135 East 57th Street, Suite 18-130, New York, NY, USA, 10022
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.
Executives
Atara Dzikowski director, 10 percent owner, officer: Chief Executive Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
David Dahan director, 10 percent owner, officer: Chief Technical Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
Chizkiyahu Lapin director 5 ARIEL STREET, JERUSALEM L3 000000
Avraham Bengio director, 10 percent owner, officer: See Remarks 7 ELIEZRI STREET, JERUSALEUM L3 00000
Israel Chaim Povarksy director, officer: Secretary 17 AGRIPPAS STREET, JERUSALEM L3 00000