Global Fashion Group (XTER:GFG) Effective Interest Rate on Debt % : 5.26% (As of Dec. 2023)

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What is Global Fashion 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. Global Fashion Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €15.2 Mil. Global Fashion Group's average total debt for the quarter that ended in Dec. 2023 was €289.1 Mil. Therefore, Global Fashion Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.26%.

Global Fashion Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Global Fashion 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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Global Fashion Group Effective Interest Rate on Debt % Chart

Global Fashion Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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21.25

11.89

8.37

6.88

7.45

Global Fashion Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									5.45	6.43	6.52	8.27	5.26

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

For the Apparel Retail subindustry, Global Fashion 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.

Global Fashion Group's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

Global Fashion Group Effective Interest Rate on Debt % Calculation

Global Fashion 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 * -21.7	/	( (343	+	239.4)	/ 2 )
=	-1 * -21.7	/	291.2
=	7.45 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	299.9	+	43.1
=	343

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	203.9	+	35.5
=	239.4

Global Fashion 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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -15.2	/	( (338.8	+	239.4)	/ 2 )
=	-1 * -15.2	/	289.1
=	5.26 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	298.4	+	40.4
=	338.8

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	203.9	+	35.5
=	239.4

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

Global Fashion Group (XTER:GFG) Effective Interest Rate on Debt % Explanation

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

Global Fashion Group Effective Interest Rate on Debt % Related Terms

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Global Fashion Group (XTER:GFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Global Fashion Group SA (XTER:GFG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GFGT:Austria

Address

5, Heienhaff, Senningerberg, LUX, L-1736

Website

https://www.global-fashion-group.com

Global Fashion Group SA is an online fashion portal operating under various brands such as The Iconic, Zalora, Dafiti and Lamoda. The business segments of the company include Asia Pacific(APAC), Latin America(LATAM), and the Commonwealth of Independent States(CIS). Majority revenue is generated from ANZ segment; It operates under The Iconic banner in Australia and New Zealand.

Executives

Partan Limited	PCA to Cynthia Gordon, PDMR and Chairperson of the Supervisory Board of Global Fashion Group S.A.
Patrick Schmidt	Co-CEO and member of the management board
Matthew Price	CFO and member of the management board

Global Fashion Group (XTER:GFG) Headlines

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