Strauss Group (Strauss Group) Effective Interest Rate on Debt % : 3.80% (As of Dec. 2023)

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What is Strauss Group 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. Strauss Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $27.81 Mil. Strauss Group's average total debt for the quarter that ended in Dec. 2023 was $732.69 Mil. Therefore, Strauss Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.80%.

Strauss Group Effective Interest Rate on Debt % Historical Data

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

Strauss Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.16

3.51

3.38

3.72

4.88

Strauss Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.70	4.40	4.76	5.16	3.80

Competitive Comparison of Strauss Group's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Strauss Group'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.

Strauss Group's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Strauss Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Strauss Group Effective Interest Rate on Debt % Calculation

Strauss Group'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 * -34.228	/	( (698.997	+	703.275)	/ 2 )
=	-1 * -34.228	/	701.136
=	4.88 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	465.285	+	233.712
=	698.997

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	571.712	+	131.563
=	703.275

Strauss Group'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -27.812	/	( (762.104	+	703.275)	/ 2 )
=	-1 * -27.812	/	732.6895
=	3.80 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	570.375	+	191.729
=	762.104

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	571.712	+	131.563
=	703.275

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

Strauss Group (GREY:SGLJY) Effective Interest Rate on Debt % Explanation

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

Strauss Group Effective Interest Rate on Debt % Related Terms

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Strauss Group (Strauss Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Strauss Group Ltd (GREY:SGLJY) » Definitions » Effective Interest Rate on Debt %

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STRS:Israel

Address

49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, ISR, 4959504

Website

https://www.strauss-group.com

Strauss Group Ltd is a food and beverage company that holds a portfolio of companies including Strauss Coffee B.V., which produces coffee, teas, and other complementary products, and provides coffee services to hotels, restaurants, cafes, and working places; Strauss Israel, which offers a variety of products such as dairies, snacks, and drinks to Israel food market; Strauss Water, which specializes in drinking water solutions; and PepsiCo-Strauss Fresh Dips and Spreads, which supplies vegetarian dips and fresh foods. Its geographical segments are Israel, and Europe and the Rest of the World, of which the company generates most of its revenue from Israel.