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Compass Group (Compass Group) Effective Interest Rate on Debt % : 4.87% (As of Sep. 2023)


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What is Compass 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. Compass Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $257 Mil. Compass Group's average total debt for the quarter that ended in Sep. 2023 was $5,284 Mil. Therefore, Compass Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.87%.

Compass Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Compass 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.

* Premium members only.

Compass Group Effective Interest Rate on Debt % Chart

Compass Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 3.42 2.69 2.39 4.40

Compass Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.68 1.88 3.43 4.02 4.87

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

For the Restaurants subindustry, Compass 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.

Compass Group's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

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

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


Compass Group Effective Interest Rate on Debt % Calculation

Compass Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -238.861/( (5523.216+5340.346)/ 2 )
=-1  *  -238.861/5431.781
=4.40 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4518.686 + 1004.53
=5523.216

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3754.95 + 1585.396
=5340.346

Compass Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -257.426/( (5226.942+5340.346)/ 2 )
=-1  *  -257.426/5283.644
=4.87 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4450.243 + 776.699
=5226.942

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3754.95 + 1585.396
=5340.346

* 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 two times the semi-annual (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Compass Group  (OTCPK:CMPGY) Effective Interest Rate on Debt % Explanation

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

Compass Group Effective Interest Rate on Debt % Related Terms

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Compass Group (Compass Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Compass Group PLC (OTCPK:CMPGY) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
LSE:SSPG LSE:DOM LSE:MAB LSE:JDW LSE:YNGA LSE:FSTA LSE:LGRS LSE:MARS AQSE:SHEP LSE:DPP MCD SBUX CMG YUM TSX:QSP.UN TSX:QSR DRI DPZ YUMC HKSE:06862
Traded in Other Exchanges
CMPGF:USA CPG:Mexico CPGl:UK CPG:UK XGR2:Germany XGR2:Germany XGR2:Germany
Address
Guildford Street, Compass House, Chertsey, Surrey, GBR, KT16 9BQ
Website
https://www.compass-group.com
Compass Group is the largest food-service company globally, operating in more than 50 countries with annual sales of more than GBP 25 billion. Compass Group's model stems from operating on-premises catering facilities, rather than centralised industrial kitchens. Food service is Compass' core focus and contributes more than 80% of revenue. In addition, the company provides support services to clients through activities including cleaning services, office services (for example, concierge services), grounds maintenance, and so on.

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