GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Biglari Holdings Inc (NYSE:BH) » Definitions » Effective Interest Rate on Debt %

Biglari Holdings (Biglari Holdings) Effective Interest Rate on Debt % : 5.20% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Biglari 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. Biglari Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $5.8 Mil. Biglari Holdings's average total debt for the quarter that ended in Dec. 2023 was $111.9 Mil. Therefore, Biglari Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.20%.


Biglari Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Biglari 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.

* Premium members only.

Biglari Holdings Effective Interest Rate on Debt % Chart

Biglari Holdings Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.97 5.04 3.56 4.91 5.27

Biglari Holdings 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 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 5.06 5.09 4.85 5.27 5.20

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

For the Restaurants subindustry, Biglari 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.


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

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

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



Biglari Holdings Effective Interest Rate on Debt % Calculation

Biglari Holdings'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  *  -5.795/( (118.825+101.244)/ 2 )
=-1  *  -5.795/110.0345
=5.27 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=91.844 + 26.981
=118.825

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=86.389 + 14.855
=101.244

Biglari Holdings'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  *  -5.824/( (122.653+101.244)/ 2 )
=-1  *  -5.824/111.9485
=5.20 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=88.447 + 34.206
=122.653

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=86.389 + 14.855
=101.244

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


Biglari Holdings  (NYSE:BH) Effective Interest Rate on Debt % Explanation

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


Biglari Holdings Effective Interest Rate on Debt % Related Terms

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


Biglari Holdings (Biglari Holdings) Business Description

Industry
Traded in Other Exchanges
Address
19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259
Biglari Holdings Inc is a holding company that owns subsidiaries in a range of businesses. The company's reportable segments include Restaurant Operations, Insurance Operations, Oil and Gas Operations, and Maxim. The majority of revenue is derived from the Restaurant Operations segment. The Restaurant Operations segment includes Steak n Shake and Western Sizzlin Restaurant businesses.
Executives
Sardar Biglari, director, 10 percent owner, officer: Chairman and CEO C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
John Garrett Cardwell director 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Campbell Edmund B Iii director C/O BIGLARI HOLDINGS INC., 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Lion Fund Ii, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259

Biglari Holdings (Biglari Holdings) Headlines

From GuruFocus

Biglari Holdings Inc. News Release

By PRNewswire PRNewswire 05-26-2022

Biglari Holdings Inc. News Release

By PRNewswire PRNewswire 08-06-2021

BIGLARI HOLDINGS INC. NEWS RELEASE

By PRNewswire PRNewswire 02-25-2023

Biglari Holdings Inc. News Release

By PRNewswire PRNewswire 05-07-2021

Biglari Holdings Inc. News Release

By PRNewswire PRNewswire 12-22-2021

Biglari Holdings Inc (BH) Chairman and CEO Sardar Biglari, Bought $546,602 of Shares

By GuruFocus Research GuruFocus Editor 03-08-2021

Biglari Holdings Inc. News Release

By PRNewswire PRNewswire 11-05-2021

Biglari Holdings Inc. News Release

By PRNewswire PRNewswire 07-05-2022

BIGLARI HOLDINGS INC. NEWS RELEASE

By PRNewswire 11-03-2023